Auditing Services in DAFZA
As the leading free zone services provider in the Middle East, Dubai Airport Free zone offers integrated business solutions to the global business community.
DAFZA’s strategic location, comprehensive services, well integrated world class facilities and above all excellent investment incentives and tax exemptions enable the FDI companies to achieve greater functional efficiency and lower operational cost.
What makes DAFZA an ideal location for business set-up?
DAFZA offers world-class infrastructure and facilities that are professionally conceived and maintained to enable your business with agility, flexibility & scalability, and to ensure better return on your investment.
1. Office Spaces
Specifications
Area : Minimum space of 25 sq. m. is necessary to obtain a license
Lease term : One year, renewable annually
Access : 24/7
2. Light Industrial Units (LIU)
Dubai Airport Free zone offers high quality, thermal insulated, purpose-built units for rent, which can be utilized either as a warehouse for storage and distribution or as a space for assembly and light production. If needed, multiple units can be used to suit individual requirements.
Specifications
Area : LIU has an area of approximately 350 sq. m.
Lease term : Each LIU has ground and mezzanine floor offices of 90 sq. m.
Access : One year, renewable annually
Services
Dubai Airport Free zone is the one stop shop for all set up and administrative services. It presents the perfect way to master the challenges of setting up an enterprise in a new territory. DAFZA provides the complete infrastructure and service support for successful establishment and functioning of your business.
Free zone Services
- Licensing and registration services
- Employee and family sponsorship services
- Administrative support
- IT and telecommunication services
- Housekeeping and building maintenance
- 24/7 security
Free zone Facilities
- Conference room
- Lecture halls
- Business lounge
General Facilities
- Government departments:
- Immigration,
- Dubai Customs
- Dubai Chamber
- Banks
- Medical clinic
- Food court
- Postal services
- Telecommunication services
- Coffee shops
- Car rental
- Health spa
- Travel agent
Why do DAFZA-licensed businesses need auditing services?
Companies operating in the Dubai Airport Free Zone are required to have DAFZA-approved auditors to audit their books of accounts. It is prohibited for audit companies that are not registered with the Dubai Airport Free Zone Authority to perform audits, liquidations, or offer any other services to DAFZA-licensed businesses.
Before extending the trading license, the authorities heavily rely on the auditor’s report. The DAFZA-accredited auditor is expected to carry out investigations to determine whether the business has maintained the correct and comprehensive records as required by the Federal Tax Authority (FTA).
The auditor’s report must explain if the company’s financial statements adhere to International Financial Reporting Standards (IFRS) and confirm that money laundering has not taken place at the company. TRC Pamco is reputed for providing the best financial auditing services in DAFZA, where our team of auditors will ensure that all your accounting records are compliant with the rules and regulations.
We are DAFZA Approved Auditors. So if you’re looking for financial audit services in Dubai Airport Free Zone or any other free zone audits, reach out to our team and we will help you get 100% foreign ownership through efficient company formation services.
Frequently Asked Questions
Why must financial audits in Dubai Airport Freezone be performed by DAFZA Approved Auditors?
Financial audit services in Dubai Airport Freezone must be performed by a DAFZA Approved Auditor to ensure compliance with DAFZA regulations and maintain the highest standards of audit quality and integrity.
What training and expertise are needed to become a DAFZA Approved Auditor?
To become a DAFZA Approved Auditor, professionals need to have relevant qualifications, extensive audit experience, and a thorough understanding of DAFZA’s audit requirements and guidelines.
How are the authenticity and dependability of financial information ensured by DAFZA-approved auditors?
For the auditing services in DAFZA, auditors ensure the authenticity and dependability of financial information through rigorous examination, verification, and validation of financial records, transactions, and controls.
How long does a financial audit services in DAFZA take, and what is the process?
The duration of a DAFZA Approved Audit depends on the size and complexity of the business. The process involves planning, fieldwork, data analysis, documentation review, and issuance of an audit report.
What are the documents required by an auditor?
For auditing services in DAFZA, auditors typically request financial statements, ledgers, bank records, invoices, contracts, and other relevant documents to conduct a comprehensive audit in accordance with DAFZA’s requirements.
