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Approved Auditors in DAFZA: Theta7’s Licensed Expertise
May 22, 2025

Introduction

Dubai Airport Free Zone (DAFZA) is not just another economic hub — it's one of the most prestigious and strategically located free zones in the Middle East. Positioned adjacent to Dubai International Airport, DAFZA serves as a high-performance gateway for global trade, offering unparalleled access to international markets. Established in 1996, DAFZA has evolved into a magnet for innovation-driven enterprises, housing over 2,500 companies from more than 20 sectors, including aviation, aerospace, logistics, IT, telecommunications, pharmaceuticals, and high-tech manufacturing.

What sets DAFZA apart is its business-centric ecosystem — one that combines state-of-the-art infrastructure, end-to-end customs support, zero income tax, and 100% foreign ownership. It is engineered for fast-moving, globally oriented businesses that require seamless logistics and regulatory efficiency. For startups, SMEs, and multinational corporations alike, DAFZA offers a robust framework to accelerate expansion, attract foreign investment, and tap into the wider MENA and Asian markets.

However, operating in a world-class zone like DAFZA also means navigating a framework of strict regulatory compliance, particularly in the realm of financial transparency. All entities are mandated to submit audited financial statements annually, and these audits must be conducted by approved, DAFZA-recognized auditing firms in compliance with International Financial Reporting Standards (IFRS). These audits are not mere formalities — they are critical in maintaining operational licenses, ensuring investor trust, and positioning businesses for long-term success.

DAFZA Audit Requirements: What You Need to Know

All companies registered under DAFZA must prepare and submit audited financial statements within 90 days of their financial year-end. These audits must be executed by auditors approved by DAFZA, who are familiar with the free zone's operational regulations and industry-specific standards.

Audits are required to:

  • Demonstrate financial transparency and operational integrity.

  • Comply with UAE Commercial Companies Law and DAFZA directives.

  • Support license renewals and expansion approvals.

  • Foster trust with banks, partners, and investors.

Failure to comply can result in penalties, reputational risks, and business continuity issues — especially for companies involved in high-compliance sectors like logistics, aviation, and pharmaceuticals.

Theta7’s Licensed Auditing Services for DAFZA

Theta7 Group, through its licensed audit firm AuditCo Times Auditors L.L.C., delivers audit services designed to meet the stringent standards of DAFZA. As a DED-approved, IFRS-compliant audit partner, Theta7 offers a powerful combination of technical expertise, deep regulatory knowledge, and sector-specific insight.

Our DAFZA-Specific Audit Services

Theta7, through AuditCo Times Auditors L.L.C., provides auditing services tailored to meet the specific compliance standards and operational needs of businesses within Dubai Airport Free Zone (DAFZA).

  • External Audit Reports

Annual audits fully aligned with IFRS and DAFZA’s submission standards — essential for license renewals and regulatory compliance.

  • Internal Audits

Assess internal processes, controls, and risks to improve efficiency and ensure audit readiness.

  • Compliance Audits

Verify adherence to DAFZA’s legal, financial, and operational regulations — especially important for aviation, logistics, and tech sectors.

  • Agreed-Upon Procedures (AUPs)

Targeted audit tasks based on client-specified areas such as transactions, reporting, or partner evaluations.

  • Special Purpose Audits

Conducted for specific needs like restructuring, funding, or reporting to DAFZA authorities.

  • Financial Due Diligence

Detailed financial assessments for mergers, acquisitions, or investment readiness within the free zone.

  • Forensic Accounting

Investigate financial irregularities, resolve disputes, and support legal or regulatory proceedings.

Why Businesses in DAFZA Trust Theta7

Whether you're a growing startup, established corporation, or free zone entity, our independent auditing solutions offer more than just compliance — they provide the financial clarity, risk mitigation, and operational insight necessary to drive smarter decisions and scalable growth.

Why Theta7 is the Audit Partner of Choice in DAFZA:

  • DED-Approved License

We operate under a fully licensed audit practice, ensuring recognition by UAE regulatory authorities and free zones like DAFZA.

  • IFRS-Compliant Audit Reports

All audits are conducted in strict alignment with International Financial Reporting Standards (IFRS) and DAFZA's regulatory framework.

  • Industry-Experienced Professionals

Our team includes chartered accountants and certified auditors with in-depth experience across aviation, logistics, tech, and complex group structures.

  • Multi-Zone Coverage

We serve not only DAFZA but also other UAE free zones, mainland businesses, and offshore companies with equal precision and compliance assurance.

  • Tailored Audit Solutions

From SMEs to complex corporate groups, we design audit strategies that reflect your structure, risks, and goals.

  • More Than Just Compliance

Our audits unlock insights that support forecasting, planning, investor readiness, and strategic expansion.

Conclusion: Securing Growth Through Trusted Audit Compliance

DAFZA provides world-class opportunities for businesses ready to scale, innovate, and operate on a global stage. But with opportunity comes responsibility — especially when it comes to meeting financial and regulatory expectations.

Theta7, through AuditCo Times Auditors L.L.C., empowers your business to navigate DAFZA’s strict compliance landscape with confidence. Our DAFZA-approved audit services do more than fulfill a legal obligation — they deliver the insights, assurance, and financial transparency your business needs to grow with clarity and credibility.

When your financials reflect strength and structure, your business is ready for expansion, funding, or strategic partnerships. That’s the power of a trusted audit partner — and that’s what Theta7 delivers.

Let’s Talk Compliance — And Growth

Is your business due for a DAFZA audit? Whether it’s your first or you’re seeking a more strategic audit partner, Theta7 is here to help. Let’s align your audit strategy with your growth ambitions — accurately, on time, and fully compliant.

📞 Reach out now to schedule a consultation
🔗 Find out who needs an audit here

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The information provided on this site is for general guidance purposes only and may change based on updates to UAE laws and regulations. It should not be construed as financial, accounting, auditing, or legal advice, nor relied upon as the sole basis for making financial or compliance decisions. We recommend seeking specific professional advice tailored to your individual circumstances.

Theta7 is a trading name of THETA 7 Accounting & Bookkeeping L.L.C, an authorised and licensed accounting firm under the Ministry of Economy and the Federal Tax Authority of the United Arab Emirates. Audit services are provided exclusively through AuditCo Times Auditors L.L.C, a licensed audit firm operating under the Theta7 Group.
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