Approved auditors
Dubai Studio City
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 Studio City
Licensed by Dubai Development Authority. Film, television and production companies, with studios and sound stages on site.
Overview
Auditors registered in Dubai Studio City
Launched in 2005, Dubai Studio City (DSC) is a global business community that offers cutting-edge facilities and services to companies across the film production, broadcasting, digital media content & entertainment sectors. DSC is a company formation facilitator and innovates in production and broadcasting services that are provided under TECOM Investments, empowering startups by allowing them to use their unique IP rights.
Vigor Accounting and Taxation is top Registered Auditor in Dubai Studio City for providing professional accounting services, auditing Services to help military entrepreneurs efficiently. We facilitate growth in the Middle East market for companies with our proven expertise.
All companies in DSC have to submit their audited financial statements annually. AES is an approved auditor in Dubai Studio City with customized solutions that are designed to cater on all your financial requirements.
Vigor Accounting and Taxation is a renowned name as registered auditor in Dubai Studio City that provides precise, fully manageable financial statements according to international standards. Audit reports that give visibility to financial climate of or entire company by meeting legal restricts
5,000+
Audits completed
20
Zones approved in
8
years, since 2017
About this zone
What is different about Dubai Studio City
Benefits of Business Setup in DSC Free Zone
Personal and Corporate Tax-Free: Operate business tax-free
Full control over your business.
Repatriation of profits and capital: Freedom to transfer profit from the business; reinvestment into another country.
No Currency Restrictions Versatility in the use of currency
Opted Out of Export or Import Tax: Stories huge on international trade cost-abouts.
Easy Business Setup: Integrated steps to get your business up and go.
Audit Simplification: Access to listed auditors for fast compliance.
Why Do You Need DSC Auditors?
According to the auditors approved by Dubai Studio City, they discover how your business is financially and decrease material misstatements. Continuous audits further improve the efficiency and profitability of your business, which in turn leads to maximum resource utilization resulting in future productivity
What services you can expect from dubai studio city approved auditor
Organizational: pinpoint potential vulnerabilities, fix them with the Internal Audit.
Statutory Audit: Check for legal compliance and correctness of financial statements.
VAT Audit: To check the return of tax whether it is correct or not,IBActionpresuming income and deduction.
Due Diligence Audit: Compliance with international accounting standards
Forensic Audit: complete audit of financial records with the goal of detecting possible discrepancies
Information System Audit: Protect data and keep it from unauthorized users
Why Choose Vigor Accounting and Taxation?
Richer Business Insights
Recognition of Non-Productive Methods
Enhances Goodwill
Streamline your processes
Growth of Business
Why Vigor Accounting and Taxation?
We provide experienced custom solutions with a team that ensures limitless possibilities for your company. Contact us today and let Vigor Accounting and Taxation take care of all your auditing needs in Dubai Studio City with professional support for your business requirements.
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 Studio City 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 Studio City 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 and mainland audit requirements compared
- 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.
01Is external audit mandatory for a Dubai Studio City company?
Most Dubai Studio City licence holders must submit audited financial statements as part of their annual licence renewal, since this is a requirement across the free zone. Whether it applies to your specific entity depends on your licence type and activity, so this is worth confirming with the free zone directly or with your auditor before renewal falls due.
02How much does an external audit cost in Dubai Studio City?
Audit fees depend on the size of the company, the volume of transactions and the state of the underlying accounting records, so they are quoted after a proposal rather than fixed in advance. Businesses with clean, up to date books generally receive more competitive quotes, which is one reason to keep bookkeeping current throughout the year.
03When do I need to submit my audited accounts for licence renewal?
Audited financial statements are typically required at the time of your annual licence renewal in Dubai Studio City. The exact submission window is set by the free zone authority alongside your renewal date, so it is worth checking your renewal notice or asking your auditor to confirm the applicable deadline for your entity.
04What happens if I renew my licence without audited financials?
A licence renewal can be delayed or refused if the required audited financial statements are not submitted on time, since the free zone authority checks for this document as part of the renewal process. The precise consequence depends on the free zone's current policy, so it is best confirmed directly with Dubai Studio City or your auditor.
05Which companies in Dubai Studio City need an approved auditor?
Companies whose licence category requires audited financial statements for renewal need to use an auditor approved by Dubai Studio City, since the free zone maintains its own list of accepted firms. Whether your company falls into this category depends on your licence type, so it is worth checking your renewal terms directly with the authority.
06What records and documents does the auditor ask for?
An auditor typically asks for your trial balance, general ledger, bank statements, sales and purchase invoices, payroll records, fixed asset registers and prior year financial statements where available. UAE law requires companies to keep accounting records for at least five years, so having these organised in advance shortens the audit and reduces queries.
Not here? Ask Vigor, and a specialist picks it up from there.
