Auditors in Dubai South
Dubai world central also known as Dubai south was initiated in the year 2006 with the motto ‘City of You’.It covers an area of 145 Square kilometers located between the sea & air transport terminals in the region ‘the port of Jebelali’ and ‘the Al Maktoum Airport’ which naturally makes it a logistics corridor thus speeding up air-sea cargo transport and vice versa.
The DWC free zone authority takes responsibility for the regulations of the companies within it. It also looks over the business formation, business license renewal, and financial reporting of companies within the zone.
Benefits of business formation in Dubai South
- 100% Foreign business ownership
- Zero percent personal and corporate tax
- Void of currency restrictions
- Zero percent import or re-export duties
- No restriction on capital repatriation
- Ability to mortgage your premises to a bank or financing company
- Onsite Customs
- One or more shareholders
- Unique industry clustering and purpose-built infrastructure
External Auditing requirement
It is mandatory for all the business within the zone to renew their license at the end of the financial year.
All companies are also required to submit their external audit report to the free zone authority as it is a part of business license renewal in the DWC.
Approved auditors in Dubai south
Audit firms with valid licenses in UAE and registered with the free zone authority can provide auditing services to the companies in the zone. We are an approved audit firm with over decades of experience in the financial and legal aspects of various industries. Feel free to contact us to know about any of our services