Approved auditors
Dubai Development Authority ( DDA)
Since 20179 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 Development Authority ( DDA)
Licensed by Dubai Development Authority. The authority licensing companies across Dubai's creative, media, education and technology zones.
Overview
Auditors registered in Dubai Development Authority ( DDA)
Vigor Accounting and Taxation, along with our specialized Audit Division -Vertex Auditing- has been registered & approved as an entity to carry out statutory audit functions for administrative management requirements, banks, government bodies and free zones. We do more than just analyze and confirm that your financial information is correct , we suggest ways to improve the business, assess risks (and their potential consequences), etc. Vigor Accounting and Taxation is ere as the perfect companion for growth and to reinvent success in a complex economic climate, presenting unparalleled human talent paired with long-standing practical experience.
Our auditors have performed over 2,000 audits and are held to the highest level of professional ethics guaranteeing our integrity, objectivity and professionalism in each engagement At Verify we are all about delivering best-in-class service to create happy customers, which also means growing business. We continue rising by delivering unrivaled services that exceed their high flying standards.
Audit report is a requirement for management audit each year in Dubai Development Authority (DDA). Registered auditors in DDA, Vigor Accounting and Taxation are well experienced to serve you with the required audit report which as an entrepreneur should be your other pillar if it is between two pillars.
5,000+
Audits completed
20
Zones approved in
9
years, since 2017
What the zone requires
Three rules that decide your 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 Development Authority ( DDA) 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
Four steps from engagement to a signed 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 Development Authority ( DDA) 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.
Side by side
Free zone or mainland, on the points that differ
- Audited statementsGenerally required for licence renewal
- Who may signA firm on that zone's own approved auditor list
- Deadline set byThe zone, counted from your licence expiry
- Records retentionAt least five years
- Corporate tax0% on qualifying income if the qualifying free zone person test is met
- If the audit is lateRenewal can be withheld, which affects visas and banking
General rules, not advice on your own position. What applies to your company turns on the licence, the activity and the structure, which is what the first call establishes.
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.
01Do DDA licensed companies need an audited financial statement?
Yes. Dubai Development Authority requires companies holding a licence in its free zone to submit audited financial statements, generally as a condition of licence renewal. The exact requirement can depend on the type of licence and activity held, so it is worth checking the specific renewal notice issued by DDA for the entity in question.
02How much does a DDA audit cost?
Audit fees are quoted individually after reviewing the size of the company, its transaction volume and the state of its accounting records, so there is no fixed published price. A proposal is normally given once these details are known. Bookkeeping, where needed alongside the audit, starts at AED 599 per month for up to 50 transactions.
03Can any auditor sign off a DDA company's accounts?
No. Dubai Development Authority maintains a list of approved auditors, and only firms on that list may issue audit reports accepted for licence renewal purposes. A company should confirm its chosen auditor appears on the current DDA approved list before commissioning the audit.
04What happens if I miss the DDA audit deadline?
Missing the deadline set by Dubai Development Authority for submitting audited accounts can delay or block licence renewal, and may lead to fines or other administrative consequences imposed by the authority. The precise penalty depends on the case, so a company should contact DDA directly or check its renewal notice for the applicable consequence.
05How long does a DDA audit take?
Timing depends on the size of the company and the readiness of its records, but a straightforward audit with organised books can often be completed within a few weeks. Companies with incomplete bookkeeping should allow extra time to reconcile records before fieldwork can begin.
06What documents does the auditor need from me?
An auditor typically needs bank statements, sales and purchase invoices, payroll records, fixed asset registers, prior year financial statements and the trial balance for the period under review. Vigor confirms the exact list once the scope of the DDA audit and the company's activity have been reviewed.
Not here? Ask Vigor, and a specialist picks it up from there.
