Statutory Audit Services in the UAE
What is a Statutory Audit?
A statutory audit is an independent examination of a company’s financial statements to ensure accuracy, transparency, and compliance with the UAE Commercial Companies Law, Corporate Tax Law, and relevant free zone regulations. In the UAE, statutory audits are not just a best practice—they are a legal requirement for most businesses.
Why is a Statutory Audit Mandatory in the UAE?
- Mainland Companies: All mainland entities are required under Federal Decree-Law No. 32 of 2021 (Companies Law) to maintain proper accounting records and have their annual financial statements audited by a licensed auditor.
- Free Zone Companies: Leading free zones such as DMCC, JAFZA, DIFC, ADGM, DAFZA, and DSO require companies to submit audited financial statements each year for license renewal. Even smaller free zones like Ajman and UAQ Free Zone are now enforcing annual audits to align with the UAE Corporate Tax framework.
- Corporate Tax Compliance: With the implementation of Federal Decree-Law No. 47 of 2022 (Corporate Tax Law), having audited accounts has become crucial. Free zone companies seeking the 0% tax rate on qualifying income must provide audited financial statements to demonstrate substance and eligibility.
- Regulated Industries: Banks, insurance firms, investment companies, and entities regulated by the Central Bank of the UAE, ESCA, DIFC, and ADGM must comply with stringent audit requirements.
Our Statutory Audit Approach
At Accruon Auditing LLC, we go beyond ticking boxes. Our audit methodology is designed to provide:
- Compliance Assurance: Full alignment with International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA).
- Regulatory Guidance: Ensuring your company meets all requirements from the Ministry of Economy, free zone authorities, and tax regulators.
- Business Insights: Identifying risks, improving internal controls, and providing value-added recommendations.
- Tax Readiness: Preparing your accounts in line with Corporate Tax and VAT regulations, minimizing the risk of penalties.
Why Choose Us as Your Audit Partner?
- Government-Recognized Audit Firm approved in the UAE
- Chartered Accountants and Fellow Member of EAAA (Emirates Association for Accountants & Auditors)
- 25+ years of professional experience in auditing, accounting, and tax consultancy
- Expertise across multiple sectors including trading, services, logistics, manufacturing, real estate, and technology
- Transparent pricing with no hidden costs
Get Started Today
If you are a mainland LLC, free zone company, or corporate group in the UAE, statutory audits are not optional—they are a compliance obligation. Partner with Accruon Auditing LLC, a trusted accounting firm in UAE, to ensure your financials are fully compliant, tax-ready, and trusted by stakeholders through reliable audit services in Dubai
Contact us today to schedule a consultation with our approved statutory auditors in Dubai.