DWC Approved Auditors
AFD Auditors is an approved audit firm on Dubai South's official auditors list, authorized to conduct statutory audits for companies registered in Dubai World Central. If your company is licensed in DWC, we prepare and submit your annual audited financial statements in line with the authority's requirements, so your trade license renewal proceeds without delay.
Book Free ConsultationAbout Dubai South and Why Hire Approved Auditors?
Dubai South, formerly known as Dubai World Central (DWC), is the largest urban master development in Dubai, built to support businesses in aviation, logistics, and trade. Under the DWC Company Regulations, every registered company, including subsidiaries and branch companies, must appoint an auditor from the authority’s approved list to review its annual financial statements. Any DWC-licensed company preparing its yearly accounts or renewing its trade license needs an auditor from this approved list; the authority will not process license renewal without an accepted audit report.
Audit Requirements for DWC Companies
- Annual financial statements must be prepared under IFRS and audited by a DWC-approved auditor
- Audited financial statements and the required summary sheet must be submitted within 90 days of the company’s financial year end, for example by 31 March for a 31 December year end
- First-year companies can sometimes extend their first reporting period up to 18 months from incorporation
- There are no exemptions from the audit requirement based on company size, revenue, or activity type
- Late or missing submissions can result in fines and non-renewal or suspension of the trade license
Documents Required for DWC Audit Submission
- Valid trade license and Memorandum of Association
- Trial balance and general ledger for the financial year
- Bank statements and reconciliations
- Sales and purchase invoices with supporting contracts
- VAT records, where applicable
- Prior year audited financial statements, where applicable
AFD Auditors Process for DWC Approved Audits
- Engagement & Planning – We confirm scope and issue the engagement letter based on your license type and activity.
- Document Collection – We request trial balance, bank records, invoices, and supporting contracts.
- Audit Fieldwork – We test transactions and balances under ISA and IFRS standards.
- Financial Statement Preparation – We prepare IFRS-compliant statements and the required summary sheet.
- DWC Submission – We finalize the signed audit report and submit it to the authority ahead of your license renewal.
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Consult For FreeFrequently Asked Questions (FAQs)
Yes. Every company registered in Dubai South, including subsidiaries and branches, must have its annual accounts audited, with no exemptions based on size or revenue.
Audited financial statements are generally due within 90 days of the company’s financial year end.
Late submission can attract fines under the DWC Company Regulations and lead to non-renewal or suspension of your trade license.
No. Only firms on the authority’s approved auditor list, with signing auditors holding CPA or CA qualifications, can prepare a report DWC will accept.
Yes. Submitting the audited financial statements and summary sheet is a direct condition of renewal, so the authority will not process it without an accepted audit report.