Approved Auditors

DWTC Approved Auditors
in Dubai

Alya Auditors helps Dubai World Trade Centre (DWTC) companies — across events, consultancy, trading, and professional services — file audited financial statements within DWTC’s 60-day notice period.

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Why Alya

Why DWTC Companies Choose Alya Auditors

DWTC-Approved Audit Firm

Approved to sign reports DWTC accepts as part of licence renewal.

Events & Consultancy Experience

Familiar with the events, MICE, consultancy, and trading businesses DWTC is built around.

Fast Turnaround

A structured process built to comfortably beat DWTC’s 60-day notice period.

IFRS-Compliant Reporting

Statements prepared under IFRS / UAE FRS, to the standard DWTC requires.

Transparent, Fixed-Fee Pricing

One clear quote before we start — no surprises once work is underway.

Dedicated Audit Manager

One point of contact from document collection through submission.

Audit Requirements

Who Needs a DWTC Audit?

Every company licensed under DWTC — including Free Zone Companies (FZCOs) and branches of UAE or foreign companies — must submit an annual audited financial statement as part of trade licence renewal.

The audit must be carried out by a DWTC-approved auditor and prepared under IFRS / UAE FRS.

At a Glance
Mandatory for Renewal
Required as part of annual DWTC trade licence renewal.
IFRS / UAE FRS Reporting
Financial statements must follow recognized reporting standards.
DWTC-Approved Auditor Only
Report must be signed by an auditor DWTC recognizes.
Applies to FZCOs & Branches
Covers FZCOs and branches of UAE or foreign companies alike.
Documents Required

What You’ll Need for Your DWTC Audit

To keep your DWTC audit moving quickly once notice is issued, have the following ready:

  • DWTC trade licence
  • Memorandum & Articles of Association
  • Trial balance and general ledger
  • Bank statements for the full financial year
  • Sales and purchase invoices
  • VAT records (if VAT-registered)
  • Payroll records
  • Fixed asset register
  • Previous year’s audit report (if available)
Audit Deadline

The DWTC 60-Day Notice Period

DWTC works differently to several other free zones: rather than a fixed number of days from your financial year end, the clock starts when DWTC issues a notice requesting your audited financial statements — you then have 60 days from that notice to submit them.

Missing this window puts your licence at risk. Because gathering records, appointing your approved auditor, and completing fieldwork all take time, it pays to start as soon as the notice arrives rather than waiting.

Per DWTCA Circular No. 15 (30 July 2024), Regulation 62.

WhatDetail
Clock startsWhen DWTC issues its notice
Filing window60 days from the date of that notice
Also checked atTrade licence renewal
SourceDWTCA Circular No. 15
Penalties

What Happens If You Miss the Deadline

Fines up to AED 5,000

Non-compliance with a DWTC notice can trigger a fine of up to AED 5,000.

Licence Suspension

The Registrar may suspend your trade licence at their discretion if the audit isn’t submitted.

Order to Cease Operations

Continued non-compliance can lead to an order to cease business operations, issued after a further one month’s notice.

Our Process

Our DWTC Audit Process

01
01

Initial Consultation

Understand your DWTC activity, sector, and licence renewal date.

02
02

Document Collection

Gather trial balance, bank statements, invoices, and supporting records.

03
03

Audit Planning

Scope the audit against DWTC requirements and IFRS / UAE FRS.

04
04

Financial Review

Test and verify transactions, balances, and disclosures.

05
05

Audit Report Preparation

Prepare and sign the audited financial statements as a DWTC-approved auditor.

06
06

Submission & Support

Submit within the 60-day window and support you through licence renewal.

Industries

Industries We Audit in DWTC

DWTC is home to Dubai’s events and exhibitions (MICE) industry alongside consultancy and trading — our audit experience follows the same sectors.

Events, Exhibitions & MICE
Consultancy & Professional Services
Technology & IT
Marketing & Media
General Trading
Financial Services
Startups & SMEs
Corporate & Holding Entities
Case Study

How Alya Auditors Helped a DWTC Events Company File Within 60 Days

11 days
Audit Completed

600+
Transactions Reviewed

Within 60 days
Filed on Notice

Renewed
Trade Licence

Company Background

A DWTC-registered events and exhibitions FZCO organizing trade shows and corporate conferences for regional clients.

The Challenge

After receiving DWTC’s notice requesting audited financial statements, the company had 60 days to deliver a completed audit — but project-based event revenue made its bookkeeping more complex than a typical trading business.

Our Solution

  • Reviewed and organized a full year of event and project-based accounting records
  • Reconciled bank accounts and client deposits across multiple events
  • Verified supplier and venue contracts against project invoices
  • Prepared IFRS-compliant financial statements
  • Submitted the signed audit report to DWTC within the 60-day window

The Outcome

  • Audit completed in 11 working days
  • Filed comfortably within DWTC’s 60-day notice period
  • Trade licence renewed without delay
  • Client moved its ongoing accounting to Alya Auditors

Representative example based on typical DWTC engagements.

FAQ

DWTC Audit FAQs

Is an annual audit mandatory in DWTC?

Yes. Every company licensed under DWTC must submit audited financial statements as part of licence renewal.

What is the audit submission deadline in DWTC?

If DWTC issues a notice requesting your audited financial statements, you have 60 days from the date of that notice to submit them (DWTCA Circular No. 15, 30 July 2024, Regulation 62).

What happens if I miss the deadline?

Non-compliance can trigger a fine of up to AED 5,000 and licence suspension at the Registrar’s discretion. If it continues, DWTC can issue an order to cease business operations after a further one month’s notice (DWTCA Circular No. 15, 30 July 2024, Regulation 62).

Are you approved auditors in DWTC?

Yes — Alya Auditors is an approved auditor in DWTC and across other major UAE free zones.

How much does a DWTC audit cost?

Cost depends on your company’s size, sector, and transaction volume. Request a free quote for a figure specific to your business.

How long does a DWTC audit take?

Most DWTC audits are completed within one to two weeks once records are ready, well inside the 60-day notice window.

What documents do I need for my DWTC audit?

Typically your trade licence, MOA/AOA, trial balance, bank statements, sales and purchase invoices, VAT records, and payroll records.

Why hire professional auditors?

Professional auditors ensure accuracy, compliance, risk identification, and improved financial transparency — and, in DWTC’s case, a report the Registrar will actually accept.

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DWTC Audit?

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