Approved auditors
Dubai Airport Free Zone (DAFZA)
Since 20178 Since 2017
- On the zone's approved auditor list
- FTA approved tax agency
- Signed in time for renewal
Talk to a specialist
Tell us your licence expiry and we will tell you what the zone needs and by when.
- Reply in 24h
- FTA approved
- Direct to a specialist
Vigor is a registered auditor for Dubai Airport Free Zone (DAFZA)
Licensed by DAFZA. Aviation, electronics, pharmaceuticals and high-value trading, adjacent to Dubai International Airport.
Overview
Auditors registered in Dubai Airport Free Zone (DAFZA)
The Audit Division, Vertex Auditing is a registered entity under Vigor Accounting and Taxation to carry out statutory audit functions adhering with the necessities of management, government bodies, banks & free zones. Our approach is not just about analyzing and confirming whether the financial data are correct – we give you significant feedback on business improvement as well as exposing underlying risks. Vigor Accounting and Taxation along with flawless human capital are ideal for companies that intend to provide economic sustainability, success stories which have redefined growth in a competitive financial landscape. We offer an exceptional package.
Our highly professional team with over 2,000 audits to their credit has a reputation for being thorough and possessing high ethical standards of integrity, objectivity and professionalism
License Renewal Audit report (Compulsory: DAFZA) Vigor Accounting and Taxation are registered auditors in DAFZA who would deliver you the audit report essential to keep your operations running smoothly without any compliance issues.
5,000+
Audits completed
20
Zones approved in
8
years, since 2017
What the zone requires
3 rules that decide your licence renewal
Audited statements at renewal
Most free zone licences require audited financial statements before the authority will renew. The window and the format are set by the zone, so the date to work back from is your licence expiry.
Signed by an approved auditor
The zone will only accept a report from a firm on its own approved list. A report from a firm that is not listed is rejected at submission, whatever its quality.
Records kept for five years
Every UAE company must keep its accounting records for at least five years, which is separate from the audit itself and applies whether or not the licence requires one.
When to start
Count back from your licence expiry
The deadline is set by your renewal date, not by the calendar year, which is why two companies in the same zone can have completely different audit seasons.
90 days out
Engage the auditor
Scope and fixed fee agreed while there is still room to move.
60 days out
Records handed over
Books, statements and supporting documents. Backlog rebuilt first if there is any.
30 days out
Fieldwork and queries
Balances verified. Anything that does not reconcile is raised while it can still be corrected.
Renewal
Signed report submitted
Audited statements in the zone's format, in time for the licence.
Vigor’s working guidance for a straightforward set of accounts, counted back from your licence expiry. Dubai Airport Free Zone (DAFZA) sets the submission deadline and the accepted format, so the date to plan from is your own renewal date rather than a fixed month in the year.
If it slips
- 01
The licence renewal stalls
The authority can hold the renewal until the audited statements are submitted. Everything below follows from that one thing.
- 02
Visas follow the licence
Residence visas and new hires are tied to a current licence, so a delay reaches the team before it reaches the accounts.
- 03
Banking gets harder
Relationship reviews and facility renewals ask for current audited statements. An expired licence turns a routine check into a problem.
- 04
The work does not get smaller
A late start compresses the same fieldwork into less time, and books that have drifted have to be rebuilt before any of it can begin.
How it runs
4 steps from engagement to signed audit report
- 01
Engagement and scope
We confirm the zone, the licence type and the financial year, then issue a scope and a fixed fee in writing. Nothing starts before you have both.
- 02
Records and reconciliation
You send the books, bank statements and supporting documents. Where the books are behind, that backlog is quoted separately and rebuilt first.
- 03
Fieldwork and testing
Balances verified, controls tested, and anything that does not reconcile raised with you while there is still time to correct it rather than after signing.
- 04
Signed report for renewal
Audited financial statements in the format the zone accepts, signed by an auditor on its approved list, in time for the licence renewal window.
Engagement and scope
Talk to an approved auditor
Tell us your licence expiry in Dubai Airport Free Zone (DAFZA) and we will tell you what is needed and by when.
Before we start
What we need from you
Tick what you already have. Most companies are further along than they think, and fieldwork can usually begin before the last of it arrives.
Tick what you already have
Most companies have more of this than they expect. Nothing here is sent anywhere.
What you receive
A signed report the zone accepts
Audited financial statements with an independent opinion, signed by a firm on the approved list for Dubai Airport Free Zone (DAFZA). That signature is what the authority is looking for at renewal, and it is the whole reason the engagement exists.
- An independent opinion, not a compilation
- In the format the authority accepts
- Signed in time for the renewal window
Independent auditor's report
To the shareholders of a company licensed in Dubai Airport Free Zone (DAFZA)
Opinion
Basis for opinion
Vigor Accounting & Taxation LLC
Registered auditors, Business Bay, Dubai
Government Agencies
We work closely with all Government Agencies
Company formation, licensing, visas, customs codes and tax registration all pass through these authorities. Start a company setup.
Answers
Questions about this zone
The six asked most often before an audit engagement starts.
01Is external audit mandatory for a DAFZA company?
Most free zone licences, including those issued by DAFZA, require audited financial statements as a condition of licence renewal. Whether it applies to your company depends on your specific licence type and activity, so it is worth checking your licence terms or asking your auditor to confirm before renewal falls due.
02How much does an external audit cost for a DAFZA company?
Audit fees depend on the size of the company, the volume of transactions and the complexity of its accounts, so they are quoted after reviewing a proposal rather than fixed in advance. Bookkeeping services, by contrast, start from AED 599 per month for up to 50 transactions.
03When does the audit report need to be submitted for DAFZA licence renewal?
DAFZA typically requires audited financial statements to be submitted as part of the annual licence renewal process, so the deadline is tied to your renewal date rather than a fixed calendar date. It is advisable to arrange the audit well ahead of renewal to avoid delays.
04What happens if I try to renew my DAFZA licence without an audit report?
Where audited financial statements are a renewal requirement, the free zone authority can withhold or delay approval of the licence renewal until the report is submitted. Timelines and consequences vary by case, so it is best to confirm the current requirement directly with DAFZA or your auditor.
05Which documents do I need to provide for a DAFZA external audit?
An auditor will generally need your trade licence, bank statements, sales and purchase invoices, payroll records, fixed asset registers and prior year financial statements if available. Every UAE company is required to keep accounting records for at least five years, so having these organised in advance speeds up the process.
06How long does an external audit take for a DAFZA company?
The time needed depends on the size of the business, the quality of its records and how quickly requested documents are provided. A straightforward audit with organised records can be completed in a few weeks, while incomplete bookkeeping will extend the timeline.
Not here? Ask Vigor, and a specialist picks it up from there.
