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DSO Approved Auditors

AFD Auditors is an approved audit firm on the DSO Authority's official auditors list, authorized to conduct statutory audits for companies registered in Dubai Silicon Oasis. If your company is licensed in DSO, we prepare and submit your annual audited financial statements in line with DSOA's requirements, so your trade license renewal proceeds without delay.

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About Dubai Silicon Oasis and Why Hire Approved Auditors?

Dubai Silicon Oasis (DSO) was established under Law No. 16 of 2005 as a hub for technology, manufacturing, and innovation-driven businesses. Under DSOA’s regulatory framework, every registered company must have its annual financial statements audited by a firm listed on the Authority’s official approved auditors list, maintained through the DSO Customer E-Services Portal. Any DSO-licensed company preparing its yearly financial statements or renewing its trade license needs an auditor from this approved list; the Authority will not process a license renewal without a compliant audit report from an approved firm.

Audit Requirements for DSO Companies

  • Annual financial statements must be prepared under IFRS and audited by a DSOA-approved auditor
  • Audited financial statements are generally due within four months of the company’s financial year end, for example by 30 April for a 31 December year end
  • The audit report must be submitted at the time of trade license renewal, and the Authority will not process renewal without it
  • DSOA regulations in some cases require rotation of the audit firm every few years to maintain independence
  • Late or missing submissions can result in fines, license restrictions, or delays to license renewal

Documents Required for DSO 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
  • VAT filings and treatment records, where applicable
  • Prior year audited financial statements, where applicable

AFD Auditors Process for DSO Approved Audits

  1. Engagement & Planning – We confirm scope and issue the engagement letter based on your license type and activity.
  2. Document Collection – We request trial balance, bank records, invoices, and VAT records where applicable.
  3. Audit Fieldwork – We review accounting systems, transactions, and controls against IFRS and DSOA requirements.
  4. Financial Statement Preparation – We prepare the audit report in the DSOA-required format with full disclosures.
  5. DSO Submission – We finalize the signed audit report and support submission to the Authority for license renewal.

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Frequently Asked Questions (FAQs)

Yes. Every company registered in Dubai Silicon Oasis must have its annual financial statements audited by a DSOA-approved auditor.

Audited financial statements are generally due within four months of the company’s financial year end, and the report is also required at trade license renewal.

Late submission can lead to fines, license restrictions, or delays and possible suspension in the license renewal process.

No. Only firms listed on DSOA’s official approved auditors list can prepare a report the Authority will accept, so it is worth confirming a firm’s current standing directly before engaging them.

In many cases, yes. DSOA regulations can require companies to rotate their audit firm periodically to preserve audit independence.