UAE Audit
& Assurance

Statutory audit, QFZP audit and special-purpose assurance — delivered through Ministry of Economy-registered audit firms across DIFC, ADGM, DMCC, JAFZA and other major free zone panels.

  • MoE-Registered
  • IFRS / IFRS-SME
  • Statutory Audit
  • QFZP Audit
  • Special-Purpose

Audit Done as a Coordinated Engagement — Not a Year-End Fire Drill

UAE audit and assurance covers statutory audit, QFZP audit and special-purpose assurance, delivered through firms registered with the Ministry of Economy and on free zone panels including DIFC, ADGM, DMCC and JAFZA. Mainland LLCs, free zone entities and entities seeking Qualifying Free Zone Person status face an annual audit obligation. Avyanco coordinates the full engagement.

Statutory audit is now broad-based in the UAE. Mainland LLCs under the Commercial Companies Law, free zone entities under most free zone regulators (DMCC, JAFZA, DIFC, ADGM, DAFZA, RAKEZ and others), entities seeking Qualifying Free Zone Person status under Corporate Tax, and any entity required to file audited financials with the Federal Tax Authority — all face an annual audit obligation. Audit must be delivered by a firm registered with the UAE Ministry of Economy, and by a firm on the relevant free zone regulator's approved panel.

Avyanco delivers audit through partner firms registered with the Ministry of Economy and the major free zone panels — DIFC, ADGM, DMCC, JAFZA and others. Clients get a single coordinated engagement: Avyanco's audit team prepares the workpapers, ties out balances, drafts the financial statements and manages the partner firm's review — the partner firm signs the audit opinion. The audit ties into the Corporate Tax computation and the wider compliance position.

Avyanco audit partners signing a UAE statutory audit opinion on IFRS financial statements

Audit & Assurance Services

Three primary engagement types.

Annual Statutory Audit

Annual audit of IFRS / IFRS-for-SMEs financial statements for mainland LLCs and free zone entities under the relevant regulator's requirements. Required for most UAE entities.

  • Mainland LLC statutory audit
  • Free zone regulator audit (DMCC, JAFZA, etc.)
  • DIFC and ADGM regulator audit
  • Holding company consolidated audit
  • Branch and subsidiary audit

QFZP Corporate Tax Audit

Audit required to support Qualifying Free Zone Person status under UAE Corporate Tax Cabinet Decision No. 100 of 2023. Annual requirement for entities claiming the 0% rate on Qualifying Income.

  • QFZP qualifying-income segmentation
  • Substance and de minimis attestation
  • Related-party transaction review
  • Audited financials for FTA
  • Annual re-test support

Special-Purpose & Agreed-Upon Procedures

Bank-required AUP, regulator-mandated special audits, due-diligence reviews, royalty audits and other non-statutory assurance engagements.

  • Agreed-Upon Procedures (AUP) for banks
  • Due diligence reviews
  • Royalty and revenue audits
  • Regulator-mandated special audits
  • Special-purpose financial statements

How Audit Engagements Work

Five steps from planning to opinion.

  1. 01

    Engagement Planning

    Confirm the audit scope, regulator panel and timetable. Identify high-risk balances, related-party flows and significant accounting estimates.

  2. 02

    Risk Assessment & Workpaper Setup

    Audit risk assessment, materiality determination and workpaper setup against the audit standards.

  3. 03

    Fieldwork

    Substantive testing, controls testing and analytical procedures across the balance sheet and income statement. Tie-out to underlying accounting records.

  4. 04

    Financial Statement Drafting & Review

    IFRS / IFRS-for-SMEs financial statements drafted, partner firm review completed, management representation letter signed.

  5. 05

    Audit Opinion & Filing

    Audit opinion signed by the registered audit firm. Filed with the regulator, the FTA and the relevant free zone authority as required.

The Avyanco Advantage

Audit as a coordinated engagement, not a year-end fire drill.

MoE-registered Network

Audit delivered through partner firms registered with the Ministry of Economy and the major free zone panels.

Workpaper Preparation

Avyanco's team prepares workpapers, ties out balances and drafts financial statements — partner firm reviews and signs.

Year-Round Prep

Monthly close and management accounts position the books for audit — no year-end reconciliation marathon.

Corporate Tax Integration

Audit ties into Corporate Tax computation — QFZP qualifying-income, related-party flows and exempt income.

Partner-Reviewed

Every audit file is signed off by a partner-level reviewer before partner firm submission.

Bank-Grade Financials

Audited financials packaged for UAE bank ongoing KYC, credit facility applications and group reporting.

Meet Our Specialists

Partner-led audit practice — Vikas Dhingra leads alongside Avyanco's accounting team.

Vikas Dhingra, CFO at Avyanco

Vikas Dhingra

Chief Financial Officer · Tax & Structuring

Anshul Agarwala, Senior Consultant at Avyanco

Anshul Agarwala

Senior Consultant · Accounts, Tax & Audit

Jaikishan Kishnani, Tax Consultant at Avyanco

Jaikishan Kishnani

Tax Consultant · Corporate Tax & VAT

Shoaib Shaikh, Tax Consultant at Avyanco

Shoaib Shaikh

Tax Consultant · Corporate Tax & VAT

Abel, Accounts & Tax Associate at Avyanco

Abel

Accounts & Tax Associate

Subura, Accounts & Tax Associate at Avyanco

Subura

Accounts & Tax Associate

Why Groups Choose Avyanco for Audit

Three things that come up in every audit engagement.

Avyanco audit partner closing an engagement

Coordinated Engagement

Avyanco prepares the workpapers, ties out balances, drafts financials. Partner firm reviews and signs. One coordinated engagement.

Free Zone Panel Coverage

Partner audit firms registered with DIFC, ADGM, DMCC, JAFZA and other major free zone panels.

Tax & Compliance Integration

Audit ties into Corporate Tax, ESR and UBO — one coherent compliance position.

What Clients Say

Recent feedback from groups Avyanco runs UAE audit work for.

UAE Audit — Frequently Asked Questions

Common questions about UAE statutory audit.

Which UAE entities must have an annual statutory audit?
Statutory audit is mandatory for: mainland LLCs under the Commercial Companies Law (with limited exemptions), free zone entities under most free zone regulators (DMCC, JAFZA, DIFC, ADGM, DAFZA, RAKEZ and others), entities seeking Qualifying Free Zone Person status under Corporate Tax Cabinet Decision No. 100 of 2023, and any entity required to file audited financials with the FTA or licensing authority. Avyanco confirms the requirement against the entity's specific licence.
What accounting framework does the UAE use?
UAE financial reporting follows International Financial Reporting Standards (IFRS) as issued by the IASB. IFRS for SMEs is permitted for non-public-interest entities. UAE Corporate Tax computation is grounded in financial statements prepared under IFRS or IFRS for SMEs, with prescribed tax adjustments.
How long does a UAE statutory audit take?
Most SME and free zone statutory audits complete within 4 to 8 weeks of year-end document hand-over. Larger groups, multi-entity audits and first-year audits typically run longer. The pace is set by the quality of the underlying books — audit-ready bookkeeping shortens the audit cycle materially.
Does QFZP status under Corporate Tax require audit?
Yes. Audited financial statements are mandatory for Qualifying Free Zone Persons claiming the 0% rate on Qualifying Income under Cabinet Decision No. 100 of 2023, with the audited-financial-statement preparation requirement detailed in Ministerial Decision No. 84 of 2025 (which replaced No. 82 of 2023 for tax periods from 1 January 2025). Other taxable persons must still maintain books and records sufficient to support their Corporate Tax computation; audit obligation depends on the entity's revenue and free zone regulator requirements.
Who signs the audit opinion — Avyanco or a separate firm?
Audit opinions must be signed by a UAE Ministry of Economy-registered audit firm. Avyanco delivers audit through partner firms registered with the Ministry of Economy and the major free zone audit panels. Clients receive a single coordinated engagement — Avyanco's team runs workpapers and drafting, the partner firm reviews and signs the opinion.
Can audit cover multiple entities in a group?
Yes. Group audits cover the parent and subsidiaries as a single engagement, with separate opinions on each statutory entity as required. Consolidated financial statements at parent level are prepared in line with IFRS consolidation requirements.
Verification & independence

Content prepared from publicly available UAE Ministry of Economy audit-firm registration guidance, the IFRS Foundation's IFRS and IFRS for SMEs standards, and UAE Federal Tax Authority Corporate Tax guidance as of June 2026. Avyanco Auditing LLC is independent of all UAE government authorities and audit standard-setters and is not itself a registered audit firm — audit opinions are signed by partner firms registered with the UAE Ministry of Economy.

Audit requirements, qualifying thresholds for Corporate Tax, free zone audit panel rules and Ministry of Economy audit-firm registration rules evolve. Always confirm the current rules for your specific entity directly with the relevant authority and a registered audit firm before acting on any fact on this page.

Avyanco Auditing LLC

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Avyanco Auditing LLC — FTA-registered tax agents and a Ministry of Economy-approved audit practice. Get a clear answer on Corporate Tax, VAT, audit, accounting or AML compliance — no obligation.

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