Approved Auditors

DMCC Approved Auditors
in Dubai

Alya Auditors is an approved auditor for Dubai Multi Commodities Centre (DMCC) companies. We help free zone establishments, companies, and branches file IFRS-compliant audited financial statements before the 180-day DMCC deadline.

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Why Alya

Why DMCC Companies Choose Alya Auditors

DMCC-Approved Audit Firm

Registered on the official DMCC approved auditors list, so our reports are accepted without delay.

Commodities & Crypto Experience

Experienced with DMCC’s trading, gold & diamond, and Web3/crypto companies.

Fast Turnaround Before Your Deadline

Structured process built to beat the 180-day DMCC filing window, even for urgent renewals.

IFRS-Compliant Reporting

Financial statements prepared to the standard DMCC requires, first time.

Transparent, Fixed-Fee Pricing

A clear quote before we start — no surprise charges once the audit is underway.

Dedicated Audit Manager

One point of contact from document collection through DMCC portal submission.

Audit Requirements

Who Needs a DMCC Audit?

Every company registered with DMCC — Free Zone Establishments (FZE), Free Zone Companies (FZCO), and branches of UAE or foreign companies — must prepare and submit audited financial statements every year, regardless of how much trading activity took place.

Even a dormant or inactive DMCC entity is required to file an audit; DMCC does not offer an exemption for low or no activity.

At a Glance
Mandatory for Every Entity
FZEs, FZCOs, and branches — active or dormant.
IFRS Financial Reporting
Statements must follow International Financial Reporting Standards.
DMCC-Approved Auditor Required
Only firms on DMCC’s official approved auditor list can sign the report.
Governed by DMCC Company Regulations
Alongside the UAE Commercial Companies Law.
Documents Required

What You’ll Need for Your DMCC Audit

To keep your DMCC audit moving quickly, have the following ready:

  • DMCC 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 DMCC 180-Day Rule

DMCC requires audited financial statements to be submitted within 180 days of your company’s financial year end, uploaded via the DMCC Member Portal along with the signed and stamped Audited Financial Statements Summary Sheet.

Most DMCC companies default to a 31 December financial year end unless a different date was set at incorporation — check your licence if you’re not sure which applies to you.

Your audit is also checked as part of DMCC trade licence renewal, so a late or missing audit can hold up your renewal even if the 180-day window hasn’t technically closed yet.

WhatDetail
Filing window180 days from financial year end
Example (FY2025)31 Dec 2025 year end → due by ~29 Jun 2026
Submission channelDMCC Member Portal
Also checked atTrade licence renewal
Penalties

What Happens If You Miss the Deadline

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

Escalating Fines

Late filing triggers fines that increase the longer the audit remains outstanding.

Member Portal Suspension

DMCC can suspend your company’s access to the online member portal until you’re compliant.

Licence Renewal Blocked

DMCC will not process your trade licence renewal without a valid, submitted audit.

Risk of Further Action

Repeated or prolonged non-compliance can lead to further regulatory action by DMCC.

Our Process

Our DMCC Audit Process

01
01

Initial Consultation

Understand your DMCC entity type, activity, 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 DMCC Company Regulations 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 DMCC-approved auditor.

06
06

Submission & Support

Submit via the DMCC Member Portal and support you through licence renewal.

Industries

Industries We Audit in DMCC

DMCC is built around commodities and high-value trade — our audit experience follows the same sectors.

Commodities Trading
Diamonds & Gemstones
Crypto & Web3
Energy Trading
Agri-Commodities (Tea, Coffee, Cacao)
General Trading
Gaming & Esports
Professional Services & Consultancy
Case Study

How Alya Auditors Helped a DMCC Trading Company File in 12 Days

12 days
Audit Completed

900+
Transactions Reviewed

3 weeks early
Filed Before Deadline

Renewed
Trade Licence

Company Background

A DMCC-registered gold and precious metals trading FZCO, incorporated in 2019, handling multi-currency transactions with overseas suppliers and buyers.

The Challenge

With five weeks left before its 180-day DMCC deadline, the company’s accounting records were incomplete and it had never worked with a DMCC-approved auditor before.

Our Solution

  • Reviewed and organized a full year of accounting records
  • Reconciled multi-currency bank accounts
  • Verified commodity trade invoices and supplier contracts
  • Prepared IFRS-compliant financial statements
  • Submitted the signed audit report via the DMCC Member Portal

The Outcome

  • Audit completed in 12 working days
  • Filed three weeks ahead of the DMCC deadline
  • DMCC trade licence renewed without delay
  • Client retained Alya Auditors for its following financial year

Representative example based on typical DMCC engagements.

FAQ

DMCC Audit FAQs

Is a statutory audit mandatory for DMCC companies?

Yes. Every DMCC-registered FZE, FZCO, and branch must submit audited financial statements annually, even if the company had little or no trading activity.

Who can sign a DMCC audit report?

Only a firm on DMCC’s official approved auditors list can sign a report that DMCC will accept. Alya Auditors is a DMCC-approved audit firm.

What is the DMCC audit submission deadline?

Audited financial statements are due within 180 days of your company’s financial year end, submitted through the DMCC Member Portal.

What happens if I miss the DMCC audit deadline?

You may face fines that increase the longer the audit is outstanding, suspension of your DMCC member portal access, and a block on your trade licence renewal until you’re compliant. Confirm current fine amounts directly with DMCC.

How much does a DMCC audit cost?

Cost depends on your company’s size, transaction volume, and industry (commodities and crypto businesses can involve more complex checks). Request a free quote for a figure specific to your business.

How long does a DMCC audit take?

Most DMCC audits are completed within one to two weeks once records are ready, though this varies with transaction volume and how organized your documentation is.

Do dormant or inactive DMCC companies still need an audit?

Yes. DMCC does not exempt dormant or low-activity entities — an audit is still required every financial year.

What documents do I need for my DMCC audit?

Typically your trade licence, MOA/AOA, trial balance, general ledger, bank statements, sales and purchase invoices, VAT records, payroll records, and your previous audit report if available.

Can I renew my DMCC trade licence without submitting an audit?

No. DMCC checks for a valid, submitted audit as part of the trade licence renewal process.

Get Started

Ready for Your
DMCC Audit?

Don’t risk fines or a delayed licence renewal. Work with a DMCC-approved auditor who understands commodities, crypto, and trading businesses.

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