Professional audit services for non-regulated entities, prescribed companies, and foundations within the Dubai International Financial Centre.
DIFC Registered Auditors are essential partners for businesses operating within the Dubai International Financial Centre (DIFC). Adhering to world-class standards of financial reporting and corporate governance is a prerequisite for maintaining a trade license in good standing. Many entities established in the center-including retailers, service providers, holding companies, and Special Purpose Vehicles (SPVs) are generally required to prepare and file annual financial statements, In many instances, these financial statements must be audited by registered professionals, subject to specific exemptions available under the DIFC Companies Law.
At Alkazim, we are listed as DIFC Registered Auditors with the DIFC Registrar of Companies (ROC) to provide professional audit services to non-regulated DIFC entities. Our team assists clients in navigating complex regulatory requirements and meeting ongoing statutory obligations, supporting a smooth compliance and licence renewal process, By ensuring your financial disclosures align with the DIFC legal framework, we help safeguard your entity’s reputation.
Entities registered in the DIFC are typically required to file audited financial statements with the ROC, subject to specific exemptions under DIFC law for Small Companies and Prescribed Companies.
Statutory audits must be conducted in accordance with International Standards on Auditing (ISA).
Financial statements are prepared in accordance with International Financial Reporting Standards (IFRS).
Audits are commonly required for licence renewal, unless a specific exemption applies.
Timely filing on the portal ensures your business stays in good standing with the Registrar.
Navigating the ROC requirements for non-regulated entities.
Identifying your specific entity category-such as a Retailer, Prescribed Company, or Foundation, and defining the ROC filing scope.
Verifying financial records against the DIFC Companies Law ensuring full adherence to both ISA and IFRS reporting standards.
Issuing the final audit report and providing administrative support for uploading documents to the DIFC Client Portal to meet the four-month deadline.
Work with DIFC Registered Auditors for your statutory compliance filings.
Only audit firms registered by the DIFC Registrar of Companies (ROC) are authorized to conduct statutory audits for non-regulated entities. Selecting Alkazim provides several key benefits:
Many DIFC entities are required to submit audited financial statements, though Small Companies or Prescribed Companies may qualify for exemptions under the DIFC Companies Law.
Audited financial statements must generally be filed with the DIFC ROC within four months of the entity’s financial year-end.
Only a firm listed as DIFC Registered Auditors with the Registrar of Companies is authorized to sign statutory reports for DIFC entities.