The Dubai International Financial Centre (DIFC) emerged in 2004 as a dynamic multinational financial hub designed to facilitate the entry and expansion of financial businesses in response to the market demand in the region. Established in alignment with UAE Federal Decree No. 35 of 2004, the DIFC embodies the Dubai government's strategic vision to diversify the emirate's economic resources and attract increased investments. As an independent authority within the UAE, the DIFC boasts its legal and governmental infrastructure, fostering an environment conducive to financial innovation and growth.

Within DIFC, a diverse spectrum of financial and non-financial entities thrives, with a particular focus on sectors such as:

  • Banking
  • Professional services
  • Global companies
  • Insurance
  • Wealth management
  • Capital markets

Several governmental authorities supervise and regulate the companies in the free zone. As DIFC Registered Auditors, we understand the unique regulatory framework and business environment of the DIFC. Our team is committed to providing comprehensive audit needs and requirements of businesses operating within the DIFC. Through meticulous examination and adherence to international auditing standards, we ensure the accuracy, transparency, and integrity of financial reporting, empowering our clients to confidently navigate complex regulatory landscapes and achieve their strategic objectives within the vibrant ecosystem of the DIFC.


Businesses in the Dubai International Financial Centre Free Zone must have their books of accounts audited by DIFC Approved Auditors. This requirement ensures that companies operating within the free zone maintain accurate financial records, reflecting their actual monetary position.

The Companies in DIFC are required to:

  • Maintain a Book of Accounts
  • Show an accurate picture of the monetary position.
  • Submit an External Audit report within four months of their fiscal year-end.

The mandatory audit ensures that the companies are not involved in financial irregularities and comply with the laws and regulations. In DIFC, companies are regulated by the Dubai Financial Services Authority (DFSA). By engaging DIFC Registered Auditors, businesses can demonstrate their commitment to financial integrity and regulatory compliance, fostering trust and confidence among stakeholders and regulatory authorities.


At Excellence Auditing, we specialize in providing auditing services that meet the unique needs of businesses within the Dubai International Financial Centre (DIFC). Excellence adheres to the International Financial Reporting Standards (IFRS), International Accounting Standards (IAS) for Accounting, and the International Standards on Auditing (ISA) for Auditing, ensuring accuracy, transparency, and regulatory compliance at every step.

Beyond regulatory compliance, we go the extra mile to help businesses identify areas for improvement and strategize for organizational growth. By conducting thorough audits of business books, we offer valuable insights that enable companies to streamline operations, mitigate risks, and achieve their long-term objectives. As a DIFC Registered Auditor, our commitment to excellence extends beyond mere compliance; we actively contribute to enhancing our clients' credibility with stakeholders, governments, lenders, and regulatory authorities, fostering trust and confidence in their financial practices.

With Excellence Auditing as your trusted partner, you can easily navigate the complex regulatory landscape of the DIFC, knowing that your auditing needs are in capable hands.

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Affiliation1 | DIFC Registered Auditors
Affiliation2 | DIFC Approved Auditors
DIFC Registered Auditors
DIFC Approved Auditors
Affiliation5 | DIFC Registered Auditors
Affiliation6 | DIFC Approved Auditors
Affiliation7 | DIFC Registered Auditors
Affiliation8 | DIFC Approved Auditors
Affiliation9 | DIFC Registered Auditors
Affiliation10 | DIFC Approved Auditors


Frequently Asked Questions

It is mandatory that the companies operating within the DIFC are required to submit their audit report to the DIFC Authority within four months of the end of their respective financial year. The companies that fail to submit the audit report along with audited financial statements would have to face consequences like the non-renewal of their trade license. Appointing the best auditing firms in Dubai, UAE (that are listed with the DIFC Authority) will save the companies from such regulatory actions.

The companies working within the DIFC are required to maintain the proper book of accounts that give an accurate image of the company's financial position. The proper maintenance of the books of accounts is essential for the shareholders to guarantee that the company's balance sheet and profit and loss accounts are prepared with compliance with International Financial Reporting Standards (IFRS).

Registered and approved auditing firms in DIFC are subject to uphold the highest business standards themselves as well. The authorities require all companies to maintain accounting records in accordance with the IFRS laws. The exceptions are only for the international companies following other IAS or GAAP rules.

The DFSA provides comprehensive guidelines on accounting and auditing reporting. All private firms are required to adhere to the rules on accounts books, financial statements, regulatory returns, and conduct of audit from one of the approved auditing firms in DIFC.

Since it is mandatory for the companies to get their books of accounts audited by registered audited firms in DIFC, Excellence can assist the companies in DIFC with auditing. With the help of Excellence's highly qualified audit professionals, by regularly performing an audit, you can ensure compliance with any and all relevant laws and regulations. It can also help provide you with peace of mind that you are prepared for you next audit.

In order to conduct the audit and assurance, the auditors ask the companies to furnish the documents corresponding to the relevant year, which facilitates the auditor's job to draw an opinion on the financial position by analyzing the financial statements at the year-end to comply with regulations. The companies are required to present the following documents:

dot Memorandum of Association (MoA)
dot Articles of Association (AOA)
dot Latest Trade License
dot Trial Balance, Balance Sheet, Profit & Loss Statement
dot Registration Details for VAT and Excise Tax (If Applicable)
dot Books of Accounts
dot Audit schedules (Fixed Assets Register, Ageing of Accounts receivable & payable with provision for bad debts, accruals, etc.)
dot Details of closing stock and work-in-progress at the year-end
dot Details of fixed asset additions and disposals during the year with proper supporting
dot Copies of bills and invoices

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