Approved Auditors

Dubai Internet City
Approved Auditors

Alya Auditors helps Dubai Internet City (DIC) technology and digital-services companies file DDA-compliant audited financial statements within the six-month AXS portal deadline.

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Why Alya

Why DIC Companies Choose Alya Auditors

DDA-Approved Audit Firm

On the Dubai Development Authority’s official approved auditor list.

Tech & ICT Experience

Familiar with the technology, software, and digital-services businesses DIC is built around.

Fast Turnaround

A structured process built to comfortably beat the DDA’s six-month filing window.

AXS Portal Filing Support

We prepare your report and Summary Sheet ready for AXS portal submission.

Transparent, Fixed-Fee Pricing

One clear quote before we start — ideal for growing tech companies.

Dedicated Audit Manager

One point of contact from document collection through submission.

Audit Requirements

Who Needs a DIC Audit?

Dubai Internet City is commercially operated by TECOM Group, but audited financial statements are regulated by the Dubai Development Authority (DDA) — the same authority that oversees Dubai Media City, Dubai Design District, Dubai Knowledge Park, and other DDA free zones.

Under DDA Circular 421 (Private Companies Regulations 2016), every FZ-LLC and branch office registered in DIC must prepare and submit an audited financial statement, together with a Financial Statements Report Summary Sheet, through the DDA’s AXS portal.

At a Glance
Regulated by the DDA
DIC follows Dubai Development Authority audit rules, not a separate DIC-specific regulator.
Filed via the AXS Portal
Audited statements and a Summary Sheet are submitted through the DDA’s AXS portal.
DDA-Approved Auditor Only
Report must be signed by an auditor on the DDA’s approved list.
Applies to FZ-LLCs & Branches
Covers FZ-LLCs and branch offices, including a company’s first financial year.
Documents Required

What You’ll Need for Your DIC Audit

To keep your DIC audit and AXS portal filing moving quickly, have the following ready:

  • DIC 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 DDA Six-Month Rule

Under DDA Circular 421 (Private Companies Regulations 2016), DIC companies must submit their audited financial statements and Summary Sheet through the AXS portal within six months of their financial year end — the same six-month window applies to a company’s very first financial year.

Because the AXS portal filing depends on a completed, signed audit report, it pays to start well before the six-month mark rather than waiting until it is close.

WhatDetail
Filing window6 months from financial year end
First yearSame 6-month rule applies from your first financial year end
Where filedDDA’s AXS portal
SourceDDA Circular 421
Penalties

What Happens If You Miss the Deadline

The DDA sets and updates these penalties itself — confirm current fine amounts with the DDA or your auditor before relying on any figure you see quoted online.

Administrative Fines

Missing the AXS portal deadline can trigger administrative fines under DDA rules.

Renewal Delays

A missing or late audit can restrict or delay your trade licence renewal.

AXS Portal Restrictions

Non-compliance can lead to account blocks and a flagged compliance record.

Our Process

Our DIC Audit Process

01
01

Initial Consultation

Understand your DIC activity, sector, and financial year end.

02
02

Document Collection

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

03
03

Audit Planning

Scope the audit against DDA requirements and IFRS.

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 DDA-approved auditor.

06
06

AXS Filing & Support

Prepare your Summary Sheet and support your AXS portal submission.

Industries

Industries We Audit in DIC

Dubai Internet City is MENA’s largest ICT hub — our audit experience follows the same technology-led sectors.

Software & IT Services
Cloud & Telecommunications
E-Commerce & Digital Services
Cybersecurity
IT Consultancy
Hardware & Electronics
Startups & Scale-Ups
Global Tech Enterprises
Case Study

How Alya Auditors Helped a DIC SaaS Company File Two Months Early

10 days
Audit Completed

550+
Transactions Reviewed

2 months early
Filed Before Deadline

Renewed
Trade Licence

Company Background

A DIC-registered software-as-a-service company serving regional enterprise clients, growing quickly and preparing for its next licence renewal.

The Challenge

With the DDA’s six-month AXS portal deadline approaching, the company’s finance team — stretched thin by rapid hiring — hadn’t yet engaged an approved auditor.

Our Solution

  • Reviewed and organized a full year of accounting records
  • Reconciled bank accounts and recurring-revenue billing records
  • Verified vendor invoices and payroll across a growing headcount
  • Prepared IFRS-compliant financial statements
  • Delivered a signed audit report and completed Summary Sheet ready for AXS portal filing

The Outcome

  • Audit completed in 10 working days
  • Filed roughly two months ahead of the DDA’s six-month deadline
  • Trade licence renewed without delay
  • Client engaged Alya Auditors for ongoing annual audits

Representative example based on typical DIC engagements.

FAQ

DIC Audit FAQs

Is an annual audit mandatory in Dubai Internet City?

Yes. Every FZ-LLC and branch office registered in DIC must submit audited financial statements under DDA regulations.

Is DIC audited by TECOM or the DDA?

DIC is commercially operated by TECOM Group, but audited financial statement submission is regulated by the Dubai Development Authority (DDA) — DDA sets the rules and approves the auditors.

What is the audit submission deadline for DIC companies?

Audited financial statements and a Summary Sheet must be filed via the AXS portal within six months of your financial year end (DDA Circular 421).

What happens if I miss the deadline?

You may face administrative fines, AXS portal restrictions, and delays to your trade licence renewal. Confirm current fine amounts directly with the DDA.

Are you approved auditors for DIC?

Yes — Alya Auditors is on the DDA’s approved auditor list, covering DIC and other DDA-regulated free zones.

How much does a DIC 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 DIC audit take?

Most DIC audits are completed within one to two weeks once records are ready, well inside the six-month AXS portal window.

What documents do I need for my DIC audit?

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

Get Started

Ready for Your
DIC Audit?

Don’t risk fines or a delayed licence renewal. Work with a DDA-approved auditor who understands technology businesses.

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