Audit & Assurance

Audit & Assurance Services in Dubai UAE — Global Edge Corporate Services

Global Edge Corporate Services provides professional audit and assurance 

services across Dubai and the UAE. Our qualified auditors conduct statutory 

audits, internal audits, and special purpose audits for businesses of all 

sizes — delivering independent, accurate, and credible financial assessments 

that satisfy regulatory requirements and build stakeholder confidence.

WHAT IS AN AUDIT IN UAE?

An audit is an independent examination of a company’s financial statements 

and records to verify their accuracy and compliance with applicable accounting 

standards. In the UAE, audits are conducted in accordance with International 

Standards on Auditing (ISA) and financial statements are prepared under 

International Financial Reporting Standards (IFRS).

WHO NEEDS AN AUDIT IN UAE?

Freezone Companies

Most UAE freezones require companies to submit audited financial statements 

annually as part of their trade license renewal. Freezones including DMCC, 

DIFC, ADGM, JAFZA, and others mandate annual audits by approved auditors.

Mainland Companies

While not all Mainland companies are legally required to conduct annual audits, 

companies with share capital above AED 500,000 are required to appoint an 

auditor under UAE Commercial Companies Law. Banks and investors also typically 

require audited financials.

Corporate Tax Compliance

With UAE Corporate Tax now in effect, businesses with revenues above AED 50 

million or those qualifying as large businesses must submit audited financial 

statements with their Corporate Tax return.

Bank Finance & Loans

UAE banks require 2–3 years of audited financial statements for business 

loan applications, overdraft facilities, and trade finance.

Investor & Partner Requirements

Investors, joint venture partners, and government entities require audited 

financials to assess business performance and financial health.

OUR AUDIT & ASSURANCE SERVICES

Statutory Audit

We conduct full statutory audits of your financial statements in accordance 

with ISA standards. Our audit report provides independent assurance on the 

accuracy and fairness of your financial statements.

Freezone Approved Audits

Global Edge is an approved auditor for multiple UAE freezones including 

IFZA, Meydan, SPC Free Zone, RAKEZ, and others. We provide audit reports 

in the exact format required by each freezone authority.

Internal Audit

We assess your internal controls, risk management processes, and operational 

efficiency — identifying weaknesses and recommending improvements to protect 

your business.

Special Purpose Audit

We conduct audits for specific purposes including visa applications, bank 

finance, government tenders, and investor due diligence.

Agreed Upon Procedures

We perform specific financial procedures agreed with management or third 

parties and report factual findings without expressing an opinion.

Compilation & Review

We compile or review financial statements for businesses that require 

less than a full audit — providing a cost-effective assurance solution.

Due Diligence

We conduct financial due diligence for mergers, acquisitions, and 

business purchases — giving buyers confidence in the financial position 

of target businesses.

OUR AUDIT PROCESS

Step 1 — Engagement Planning

We discuss your audit requirements, timeline, and deliverables. We issue 

an engagement letter confirming scope, fees, and responsibilities.

Step 2 — Pre-Audit Review

We review your accounting records, internal controls, and financial 

statements before the main audit fieldwork begins.

Step 3 — Audit Fieldwork

Our audit team conducts detailed testing of transactions, balances, 

and disclosures — verifying accuracy against supporting documentation.

Step 4 — Management Review

We discuss audit findings with management, clarify any issues, and 

provide recommendations for improvement.

Step 5 — Audit Report Issuance

We issue our signed audit report and audited financial statements — 

ready for submission to freezone authorities, banks, or tax authorities.

DOCUMENTS REQUIRED FOR UAE COMPANY AUDIT

– Trial balance and general ledger

– Bank statements for the full financial year

– Sales invoices and purchase invoices

– Fixed asset register

– Payroll records

– VAT return filings

– Loan and financing agreements

– Previous year financial statements

– Board resolutions and shareholder agreements

WHY CHOOSE GLOBAL EDGE FOR AUDIT SERVICES?

– Approved auditors — registered with multiple UAE freezone authorities

– Fast turnaround — we complete most audits within 2–3 weeks

– Competitive fees — transparent pricing with no hidden charges

– UAE expertise — deep knowledge of UAE accounting standards and 

  regulatory requirements

– Corporate Tax ready — our audits are prepared to meet FTA 

  Corporate Tax requirements

– English and Arabic reports — available in both languages

FREQUENTLY ASKED QUESTIONS — UAE AUDIT SERVICES

How much does a company audit cost in Dubai?

Audit fees depend on company size, complexity, and the freezone 

requirements. Global Edge offers competitive audit packages starting 

from AED 2,500. Contact us for a customised quote.

How long does an audit take in UAE?

Most audits are completed within 2–4 weeks from receipt of complete 

documentation. Complex audits may take longer.

Is Global Edge an approved auditor for UAE freezones?

Yes. Global Edge is an approved auditor for multiple UAE freezones 

including IFZA, Meydan, SPC Free Zone, and RAKEZ. We provide audit 

reports in the exact format required by each freezone.

Do I need an audit for Corporate Tax in UAE?

Businesses with revenues above AED 50 million must submit audited 

financial statements with their Corporate Tax return. Smaller businesses 

are not currently required to submit audited accounts but must maintain 

proper financial records.

Can Global Edge conduct an audit for a Mainland company?

Yes. We conduct audits for both Mainland and Freezone companies 

across all UAE emirates.

What accounting standards are used for UAE company audits?

UAE company audits are conducted in accordance with International 

Standards on Auditing (ISA) and financial statements are prepared 

under International Financial Reporting Standards (IFRS).

Contact Global Edge Corporate Services for a free audit consultation.

+971 55 545 8662 | info@globaledgecorporate.com