In today’s competitive business environment, ensuring compliance and financial transparency isn’t just a legal requirement — it’s the foundation for sustainable growth. At Theta 7, we take pride in being approved auditors in Ras Al Khaimah Economic Zone (RAKEZ), delivering reliable and comprehensive auditing solutions for businesses of all sizes. Through our licensed audit firm, AuditCo Times Auditors L.L.C, we combine technical expertise, regulatory compliance, and a client-first approach to provide financial clarity that drives smarter decisions.
RAKEZ is one of the UAE’s fastest-growing and most investor-friendly free zones, strategically located in the Emirate of Ras Al Khaimah. It’s home to more than 18,000 companies from over 100 countries, ranging from startups and SMEs to large multinational corporations.
What makes RAKEZ stand out among other free zones is its cost-effectiveness, sector diversity, and world-class infrastructure. Entrepreneurs and corporations choose RAKEZ because it offers:
Affordable setup packages compared to other UAE free zones.
Diverse license options covering industrial, trading, services, and educational activities.
Strategic connectivity with direct access to major highways, airports, and seaports.
Business-friendly regulations designed to attract global investment.
Sector-specific zones like industrial parks, business centers, and academic zones tailored to different industries.
RAKEZ distinguishes itself not only as a business hub but also by enforcing a clear and structured audit compliance framework to ensure financial transparency. Key audit requirements include:
Annual Audit Submission – Most RAKEZ companies are required to submit audited financial statements every year for license renewal.
Approved Auditors Only – Audits must be conducted by auditors approved and listed by RAKEZ (such as Theta 7), ensuring reports meet the free zone’s regulatory standards.
IFRS Compliance – All audits must follow International Financial Reporting Standards (IFRS), ensuring consistency and global credibility.
Timely Reporting – Companies must submit their audited accounts within six months of the financial year-end to remain compliant.
Tailored Application – The level of audit scrutiny depends on the company’s size, license activity, and sector, ensuring proportional compliance without unnecessary burden.
By setting these unique audit requirements, RAKEZ not only safeguards financial transparency but also enhances investor confidence, positioning itself as a global-standard free zone.
RAKEZ is one of the UAE’s most dynamic free zones, hosting thousands of companies from startups to multinational enterprises. Every registered business in RAKEZ is required to maintain accurate financial records and, in most cases, submit annual audited financial statements.
As an approved auditor in RAKEZ, Theta 7 ensures that your audit reports:
Comply with RAKEZ Authority requirements and the UAE Commercial Companies Law.
Are IFRS-compliant to meet global financial reporting standards.
Provide clarity for stakeholders such as investors, lenders, and regulators.
Support your license renewal and free zone compliance needs.
At Theta 7, we don’t just provide reports — we deliver insights that help businesses operate confidently within RAKEZ while unlocking growth opportunities.
AuditCo Times Auditors L.L.C is the officially licensed audit practice under the Theta7 Group. We specialize in providing independent and professional audit services tailored to UAE businesses.
What makes us stand out:
DED-Approved Audit License ensuring full compliance.
Experienced Chartered Accountants & Certified Auditors with deep local expertise.
IFRS-Compliant Financial Audits trusted internationally.
Tailored Solutions for Free Zone, Mainland, and Offshore entities.
Uncompromising Accuracy & Transparency in every report.
Working with us means gaining not only legal compliance but also access to actionable insights that help businesses scale confidently.
At Theta 7, we understand that no two businesses are the same. That’s why our audit services are tailored to meet the unique needs of companies operating in RAKEZ and beyond.
We provide comprehensive annual audits required for license renewal and regulatory compliance. These reports also enhance credibility with banks, investors, and stakeholders.
We design custom internal control reviews to help businesses minimize risks, detect inefficiencies, and improve overall governance.
Tailored audits designed for mergers, acquisitions, or specific financial transactions where deeper financial analysis is essential.
When businesses need independent verification of selected financial information, our AUP services provide exactly that — reliable, precise, and scoped to client needs.
We ensure that your operations align with RAKEZ regulations, UAE laws, and international financial frameworks.
For businesses considering mergers, partnerships, or investments, our due diligence services uncover risks, validate financial health, and safeguard decision-making.
We conduct specialized forensic audits to detect fraud, mismanagement, or irregularities — helping businesses protect assets and restore confidence.
Recognized and Approved by RAKEZ Authorities.
Deep Knowledge of Free Zone Regulations.
Client-Centric Philosophy – we customize our audits to your industry.
Transparency & Accuracy – no shortcuts, no compromise.
Strategic Value Beyond Compliance – we turn audits into growth tools.
All medium and large companies, along with entities holding certain license types, must submit audited financial statements for RAKEZ compliance. Learn more here.
Some micro-companies may be exempt, but most RAKEZ entities require audits. Always confirm based on your license category.
We adhere strictly to IFRS and UAE regulatory standards.
Our audits provide clarity for investors, improve access to financing, and uncover operational efficiencies.
Depending on company size and complexity, audits can take anywhere from 2 weeks to 2 months.
Only approved auditors like Theta 7 can submit valid reports to RAKEZ. Non-approved firms risk non-compliance and penalties.
Choosing Theta 7 means securing not only compliance but also strategic financial clarity. With AuditCo Times Auditors L.L.C under Theta7 Group, businesses in RAKEZ gain access to trusted, independent, and professional auditing services tailored to their unique needs.
Ready to secure compliance and unlock financial confidence? Partner with Theta 7 | Approved Auditors in RAKEZ today and experience tailored audit solutions designed to protect, enhance, and grow your business. Contact us now to book your consultation and let’s get your audit requirements handled seamlessly.
