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📢 UAE E-Invoicing: Mandatory Go-Live in Phases — 1 Jan 2027 (≥ AED 50M) | 1 Jul 2027 (< AED 50M) | 1 Oct 2027 (Government) 📢 UAE E-Invoicing Is Approaching! Find Out How Prepared Your Business Is – Take the Free Readiness Check.
Looking for JAFZA approved auditors in Dubai? ARCA Auditors, part of the Horizon Biz Co. Group, provides professional audit support for businesses registered in the Jebel Ali Free Zone.
From financial statement reviews to audit report finalisation, we help you understand the information required, organise your records and plan the audit process around your business needs.
Audit queries and clarification
JAFZA companies have annual financial reporting and audit obligations under the rules applicable to their registration and circumstances. Before arranging an audit, confirm the requirements that apply to your particular entity and reporting period.
Review of financial statements and supporting accounting records to form an independent audit opinion under the applicable reporting framework.
JAFZA accommodates different business structures and activities. The relevant reporting and audit obligations depend on the company’s registration, applicable rules and individual circumstances.
Organising your accounting and supporting documents before fieldwork begins can make it easier to address queries and identify missing information. The final checklist depends on the business and audit engagement.
Auditors obtain and evaluate evidence to support their opinion on the financial statements. The nature and extent of the work depend on materiality, risk and the circumstances of the engagement.
Review significant transactions, their supporting documents and how they have been recorded in the accounting records.
A structured engagement helps you understand the information needed, how queries will be handled and what remains before the audit report can be completed.
Choosing an audit firm involves more than comparing fees. Understand the proposed scope, the firm’s eligibility to undertake your engagement and how the team will communicate throughout the process.
Your financial statements and accounting records may also support your wider UAE Corporate Tax compliance process. However, audit obligations and tax obligations are separate matters and should be assessed individually.
A Qualified Free Zone Person (QFZP) in JAFZA must have audited financial statements every year. The audit is mandatory, irrespective of revenue.
JAFZA is a Designated Free Zone. A QFZP engaged in distribution activities is also required to obtain an AUP Audit (Agreed Upon Procedures Audit) from an independent external auditor, as per FTA Decision No. 6 of 2026. This applies to tax periods starting on or after 1 January 2026.
Accurate accounting records and consistent financial information can help support tax compliance. An audit alone does not establish QFZP eligibility or guarantee a particular tax outcome.
Speak with Arca Auditors about your business requirements and get practical guidance from experienced professionals.
Enter your information below to receive an email or Contact us today for assistance on +971 50 397 8378 or support@arca.ae
You should confirm that the audit firm is currently recognised and eligible to undertake audits for your particular JAFZA entity. Check the latest official information with the relevant JAFZA authority before appointing an auditor.
Audit and financial reporting obligations depend on the requirements applicable to the registered entity and reporting period. Confirm the current rules with JAFZA before assuming that an exemption or a particular requirement applies to your company.
The duration depends on the volume and complexity of transactions, the completeness of the accounting records, the availability of supporting documents and how quickly queries are resolved. Ask your auditor for an estimated timeline after the initial assessment.
Commonly requested records may include the trade licence, financial statements, trial balance, general ledger, bank statements, bank reconciliations, invoices, fixed asset schedules and relevant contracts. Additional documents depend on your business and the audit engagement.
Fees vary with business size, transaction volume, company structure, accounting record quality and audit scope. Request a written proposal that identifies the work, deliverables and any separately charged services.
This depends on whether the existing firm is eligible to undertake your JAFZA engagement and whether any other applicable requirements are met. Confirm the firm’s current eligibility before making the appointment.
Accounting support and statutory audit work involve different responsibilities. Whether the same firm can provide both depends on applicable independence and ethical requirements, the nature of the services and the safeguards available. Discuss the proposed arrangement with the firm before proceeding.
Audit and Corporate Tax requirements are distinct, although the financial information used for an audit may also be relevant to tax compliance. A completed audit does not automatically establish eligibility for a particular tax treatment. Assess the tax position separately under the applicable rules.