What about auditing business setup in Dubai?

June 25, 2025June 25, 2025 - by Lily Campbell

Key Takeaways:

Auditing requirements for a Business setup in Dubai vary significantly between mainland and free zone companies.
Mainland companies (LLCs, PJSCs) are generally required to undergo annual statutory audits as per UAE Commercial Companies Law.
Many free zones (including Meydan Free Zone in Dubai) also mandate annual audits, especially for license renewal.
The introduction of Corporate Tax has made audited financial statements mandatory for “Qualifying Free Zone Persons” and taxable persons with annual revenues exceeding AED 50 million.
Audits ensure financial transparency, regulatory compliance (including IFRS), and enhance business credibility.

Dubai’s vibrant economy and proactive approach to international business standards mean that establishing a Business setup in Dubai comes with specific regulatory expectations, particularly concerning financial transparency. Auditing plays a crucial role in this framework, ensuring that companies operate compliantly and maintain accurate financial records. While the extent of mandatory auditing can depend on various factors, understanding these …