DMCC approved auditors for your licence renewal.

DMCC requires member companies to file audited financial statements every year, within 180 days of the financial year end, signed by an auditor on the DMCC approved list. Separately, every Qualifying Free Zone Person must have audited financial statements under the corporate tax rules, whatever its size.

Yes, they are within the UAE corporate tax regime and must register and file a return. A DMCC company that meets the Qualifying Free Zone Person conditions pays 0% on qualifying income and 9% on other income.

For most small and medium companies, one to three weeks once the accounting records are complete. If your licence renewal is close, tell us on the first call and we plan the work around it.

Yes. Many clients use us for monthly bookkeeping, VAT returns and the corporate tax return as well as the annual audit, so the numbers are consistent across all of them.

Yes. We handle the application, licence, visas and bank account for new DMCC companies, and then look after the accounting, tax and audit each year.

Quick Ashford Auditing of Accounts L.L.C. is on the DMCC approved auditor list, so our audit report is accepted for your licence renewal. DMCC keeps its own list of approved auditors. Every DMCC company, branches included, uploads its audited financial statements and the auditor’s signed Summary Sheet on the DMCC Member Portal within six months of the financial year end. Under DMCC’s Approved Auditor Rules, the authority may reject statements audited by a firm that is not on its list, unless a branch is audited by its group auditor. Dormant companies are exempt from the audit.

DMCC’s winding-up rules require a liquidator for a company, though not for a branch. DMCC publishes the notice to creditors itself for 14 calendar days and offers three voluntary routes: a summary winding up completed within 6 months, a solvent winding up within 12 months, or an insolvent winding up overseen by a creditors’ committee. A declaration of solvency, customs clearance for trading licences, any regulator approvals and visa cancellations come before DMCC issues its termination letter.