IFZA Approved Auditors
in Dubai
Since IFZA made audited financial statements mandatory for licence renewal in September 2025, every IFZA company needs a UAE-licensed auditor it can rely on. Alya Auditors helps IFZA companies file on time, every renewal.
Why IFZA Companies Choose Alya Auditors
UAE-licensed and registered with IFZA, so our reports are accepted for licence renewal.
We track IFZA’s September 2025 audit mandate closely, so you’re never caught off guard.
A streamlined process built to beat IFZA’s 3-month filing window.
Full or Simplified Financial Statements, prepared correctly the first time.
One clear quote before we start — ideal for IFZA’s many small and growing businesses.
One point of contact from document collection through renewal.
Who Needs an IFZA Audit?
Since 30 September 2025, IFZA has required every licensee — Free Zone Companies (FZCOs) and branches alike, across commercial, consultancy, and industrial licences — to submit a financial statement for the previous financial year before renewing their trade licence.
Smaller companies may qualify for a Simplified Financial Statement instead of a full audit if annual turnover is AED 3 million or below and the company had nine or fewer employees during the year — worth checking before assuming you need the full process.
Applies to every IFZA licensee, without exception.
Full statements follow International Financial Reporting Standards.
For turnover ≤ AED 3M and 9 or fewer employees.
Your auditor must be recognized by IFZA to file on your behalf.
What You’ll Need for Your IFZA Audit
To keep your IFZA audit moving quickly, have the following ready:
- IFZA 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 financial statement (if available)
The IFZA 3-Month Window
IFZA gives companies a 3-month (90-day) grace period after their financial year end to prepare and submit audited (or simplified) financial statements before renewal.
Because this requirement only started in September 2025, some IFZA companies are filing an audit for the first time — if that’s you, start earlier than you think you need to.
Your financial statement is checked as part of trade licence renewal, so a missing or late one can hold up renewal directly.
| What | Detail |
|---|---|
| Filing window | 3 months (90 days) from financial year end |
| Mandatory since | 30 September 2025 |
| Simplified route | Turnover ≤ AED 3M, ≤9 employees |
| Also checked at | Trade licence renewal |
What Happens If You Miss the Deadline
IFZA sets and updates these penalties itself — confirm current fine amounts with IFZA or your auditor before relying on any figure you see quoted online.
Late filing can trigger fines that grow the longer the delay continues.
IFZA will not process your trade licence renewal without a valid submission.
A lapsed licence can put linked employee and investor visas at risk too.
Our IFZA Audit Process
Initial Consultation
Understand your IFZA licence type, turnover, and financial year end.
Document Collection
Gather trial balance, bank statements, invoices, and supporting records.
Audit Planning
Confirm whether a full audit or Simplified Financial Statement applies.
Financial Review
Test and verify transactions, balances, and disclosures.
Report Preparation
Prepare and sign the financial statement as your registered auditor.
Submission & Support
Submit ahead of renewal and support you through the process.
Industries We Audit in IFZA
IFZA covers 800+ approved activities — our audit experience spans its most common sectors.
How Alya Auditors Helped an IFZA Company File Its First Audit in 7 Days
Company Background
An IFZA-registered e-commerce FZCO with a small team, filing a financial statement for the very first time after IFZA’s September 2025 mandate came into effect.
The Challenge
The company qualified for IFZA’s Simplified Financial Statement route but wasn’t sure how to confirm eligibility or what records it needed, with renewal a few weeks away.
Our Solution
- Confirmed eligibility for the Simplified Financial Statement based on turnover and headcount
- Reviewed bank statements and e-commerce platform sales records
- Reconciled supplier and marketplace payouts
- Prepared and signed the financial statement as the company’s registered auditor
- Guided the client through submission ahead of renewal
The Outcome
- Statement completed in 7 working days
- Filed comfortably within the 3-month window
- Trade licence renewed without delay
- Client now on Alya Auditors’ annual renewal reminder list
Representative example based on typical IFZA engagements.
IFZA Audit FAQs
Is an audit mandatory for IFZA companies?
Yes, as of 30 September 2025. Every IFZA licensee must submit a financial statement for the previous financial year to renew its trade licence.
Who can sign an IFZA financial statement?
A UAE-licensed auditor registered with IFZA. Alya Auditors is registered to prepare and sign IFZA financial statements.
What is the IFZA audit submission deadline?
IFZA allows 3 months (90 days) after your financial year end to submit your financial statement, ahead of licence renewal.
Do all IFZA companies need a full audit?
Not necessarily. Companies with annual turnover of AED 3 million or below and nine or fewer employees may qualify for a Simplified Financial Statement instead.
What happens if I miss the IFZA deadline?
You may face escalating fines and IFZA will not process your trade licence renewal without a valid submission, which can also put linked visas at risk. Confirm current fine amounts directly with IFZA.
How much does an IFZA audit cost?
Cost depends on whether you need a full audit or qualify for the Simplified Financial Statement, plus your transaction volume. Request a free quote for a figure specific to your business.
How long does an IFZA audit take?
Simplified Financial Statements are often completed in about a week; full audits typically take one to two weeks depending on record readiness.
What documents do I need for my IFZA audit?
Typically your trade licence, MOA/AOA, trial balance, bank statements, sales and purchase invoices, VAT records, and payroll records.
Can I renew my IFZA licence without submitting a financial statement?
No. Since September 2025, IFZA checks for a submitted financial statement as part of trade licence renewal.
Ready for Your
IFZA Audit?
Whether it’s your first IFZA filing or your fifth renewal, get it right and on time with a registered auditor who knows IFZA’s requirements.
🔒 Confidential · No obligation · UAE licensed firm