DAFZA
Approved
auditors

DAFZA APPROVED AUDITORS

DAFZA, a prominent free zone in the UAE, is a testament to the government's commitment to fostering economic growth and investment in the region. Established in 1996, the Dubai Airport Free Zone has emerged as an essential player in driving the country's economy forward. With over 1600 companies spanning various sectors such as aviation, engineering, and telecommunications, DAFZA has become a thriving hub for international businesses seeking strategic opportunities in the Middle East.

As one of the premier free zones in Dubai, DAFZA significantly contributes to the emirate's global trade, accounting for 12% of Dubai's international commerce in the first nine months of 2019 alone. Its strategic location adjacent to Dubai International Airport further enhances its appeal to global investors, providing seamless connectivity to over 220 destinations worldwide through more than 150 airlines.

At DAFZA, businesses benefit from a dynamic ecosystem that fosters innovation, collaboration, and growth, making it a preferred destination for those looking to build a business and establish a strong presence in the Middle East. As trusted DAFZA approved auditors, we at Excellence offer comprehensive audit services tailored to meet the unique needs of companies operating within the Dubai Airport Free Zone, ensuring compliance, transparency, and financial integrity.

WHY IS IT REQUIRED TO AUDIT FOR DAFZA COMPANIES?

For companies operating within DAFZA, aside from audit being a legal requirement, it is also a crucial step in maintaining financial transparency and integrity. The auditing process ensures that registered businesses adhere to both local and international regulations, including the International Financial Reporting Standards (IFRS), Anti-Money Laundering (AML), and Combating Financing of Terrorism (CFT) guidelines. By engaging DAFZA approved auditors, companies can demonstrate their commitment to compliance and ethical business practices, fostering trust among stakeholders and regulatory authorities.

Understanding the significance of audit firms in the Dubai Airport Free Zone (DAFZA) is crucial for all entities operating within its jurisdiction. Whether they are Free Zone Establishments (FZE) or Free Zone Companies (FZCO), compliance with auditing requirements is imperative. Not only does it help companies avoid penalties, but it also enhances their financial credibility and reputation within the competitive business environment of the Dubai Airport free zone.

Reputable audit firms in the Dubai Airport Free Zone specialize in comprehensive audit services tailored to the unique needs of DAFZA companies.

APPOINTMENT OF DAFZA APPROVED AUDITOR

The appointment of audit firms in the Dubai Airport Free Zone Authority (DAFZA) is a critical step that ensures companies' financial records are meticulously scrutinized and compliant with international and local regulations. Only auditors listed among the DAFZA approved auditors can conduct audits within the free zone, guaranteeing adherence to stringent financial transparency and integrity standards. These auditors play a pivotal role in verifying the accuracy and consistency of companies' books of accounts and transactions, ensuring full compliance with the laws governing DAFZA operations. Moreover, they must confirm that the activities conducted by the company align with the scope permitted by its trade license, maintaining the zone's regulatory integrity.

It's imperative to note that audit firms not registered with DAFZA are prohibited from undertaking audit and liquidation processes for companies and establishments within the free zone. As a trusted name among audit firms in the Dubai Airport Free Zone, Excellence proudly holds the designation of DAFZA Approved Auditors under the banner of MANSOOR MULLA AUDITING OF ACCOUNTS. Our comprehensive suite of business services, coupled with our expertise in auditing, ensures that companies in DAFZA receive unparalleled support in navigating complex financial landscapes while upholding the highest standards of regulatory compliance.

EXCELLENCE AUDITING COVERS ALL YOUR DAFZA AUDITING NEEDS

Excellence adheres to the International Financial Reporting Standards (IFRS), International Accounting Standards (IAS) for Accounting, and the International Standards on Auditing (ISA) for Auditing.

At Excellence Auditing, we take pride in offering comprehensive Auditing that meets the unique needs of companies within the Dubai Airport Free Zone Authority (DAFZA). We understand the importance of meticulous auditing practices in upholding the integrity of financial records and facilitating transparency in business operations.

Our team of experienced DAFZA approved auditors conducts thorough audits and goes beyond to identify areas for improvement and recommend strategies to achieve organizational objectives. By actively contributing to the success of businesses, we help our clients navigate complex financial landscapes.

An audit performed by Excellence Auditing enhances the credibility of companies within DAFZA, fostering trust among stakeholders, governments, lenders, and other authorities. With our unwavering commitment to excellence, we are trusted partners in ensuring the financial integrity and stability of businesses operating within the Dubai Airport free zone. Our services ensure accuracy, transparency, and strict adherence to regulatory standards, contributing to the overall integrity and reliability of financial reporting in the free zone.