Dubai Multi Commodities Centre DMCC is recognized as the fastest growing and largest Free-Zone in the world with over 19,000 registered companies. It is a government entity established in 2002 to enhance commodity trade flows through Dubai, performing several roles which have firmly established Dubai as a regional and international commodities trading hub.

DMCC regulates, promotes and facilitates trade across a range of commodities including gold, diamonds, pearls, precious metals, coffee and tea. Major multinational companies, SMEs and start-ups in the commodities sector have made DMCC Free Zone their home.


DMCC's facilities and free zone benefits foster all the needs and requirements of all types of business activities in the world. DMCC has been rated 'A' by Standard and Poors. Setting up a company in DMCC will not only bring a great brand name for your company, but also you will be benefited from the following advantages:

  • 100% foreign business ownership
  • Total exemption from corporate tax and personal income tax, guaranteed for 50 years
  • 100% capital repatriation and retention of business profits
  • Easy licensing procedures for a range of business activities
  • Plug-and-play office installations
  • Easy lease or sale optional available for offices at competitive rates
  • Immigration services to take care of all visa and work permit requirements
  • Networking opportunities like events, workshops, and exhibitions
  • Trade regulations and compliance standards training periodically to stay up to date on the latest in the legal framework
  • Access to trading commodities like gold, diamond, and commodities of exchange
  • Lucrative investment opportunities for both investors and businesses
  • No currency restriction
  • A regulated and secure business environment


Every Company must keep accounting records including underlying documents which are sufficient to show and explain its transactions so as to disclose with reasonable accuracy on the financial position of the Company at any time.

According to the implementing regulations, a DMCC Member Company has to upload the auditor's signed and stamped Audited Financial Statements Summary Sheet and the Audited Financial Statements Report via a designated online service request on the member portal within 90 days after the end of each financial year.

These rules do not apply to auditors appointed to audit DMCC member companies registered as a branch company provided such a company has a group auditor.

Original documents should be well maintained with the company and made available upon request by the DMCC Inspection Team. Submission of Audited Financials is applicable to all DMCC companies including subsidiaries and branch companies.

For an Audit Firm in Dubai, Abu Dhabi, Sharjah, UAE to be approved as an Approved Auditor and listed on the Approved Auditor List, the Audit Firm must be able to confirm that the Audit Firm satisfies the following minimum requirements:

  • The Audit Firm has an Auditing Partner with Accounting Qualification and a minimum of 10 years of experience;
  • The Audit Firm has a valid commercial/professional trade license from a recognized competent authority within the UAE that permits auditing;
  • The Audit Firm has a physical location in the UAE;
  • The Audit Partner has a valid certificate from the UAE Ministry of Economy;
  • The Audit Firm has shown sufficient capacity and professional qualifications of personnel who will be providing audit services to a member;
  • Accounting Qualification means a professional qualification in accounting that authorizes an individual to practice accounting in the country where the certifying accounting body is domiciled.


Every Company must appoint an auditor who must examine and report on the financial accounts of that Company.

The Directors of a Company must arrange the preparation and approval of financial accounts and for these to be audited by an auditor approved by DMCCA and approved by the shareholders of the company within six months after the end of the financial year of the Company.

A Company can only appoint an auditor if:

  • The auditor has been approved and registered by DMCCA;
  • The auditor has consented in writing to the appointment;
  • The Company, having made reasonable enquiries, is not aware of any matter which would prevent the auditor from consenting to the appointment.

Documents Required by the DMCC Approved Auditors to Conduct the Audit:

Legal Documents:

  • Memorandum of Association
  • Certificate of registration
  • Updated Copy of Trade License
  • Share certificate.
  • Lease/Tenancy agreements for the audit period
  • Passport copy of the Shareholder/Manager

Financial Documents:

  • Trial balance
  • Statement of Comprehensive Income (profit and loss account)
  • Statement of Financial Position (Balance sheet).
  • Bank statements (all the accounts) for the audit period.
  • Previous Year Audit Report





Frequently Asked Questions

Excellence group entity MansoorMulla Auditing of Accounts is Registered and Approved Auditors in DMCC, JAFZA,DIFC,DAFZA, DWC, DSO, SAIF Zone, Hamriyah Free Zone, DED, The Dubai Design District (D3),TECOM, Dubai Media City, and DubaiInternet City.

Yes, we are Approved by Ministry of Economy under registration no 843.

Yes, Our Reports are Widely Accepted with all the Major Banks in UAE.

We follow International Financial Reporting Standards (IFRS) for Auditing and International Accounting Standards Board (IASB) for Accounting.

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