Introduction
Masdar City Free Zone, located in Abu Dhabi, is a pioneering sustainable urban development that serves as a hub for clean technology and renewable energy businesses. Designed for sustainability and built on innovation, it offers an ideal launchpad for businesses seeking global reach with green credentials. In such a future-focused environment, financial transparency through approved auditing isn’t just a requirement — it’s a business imperative.
About Masdar City Free Zone: A Hub for Sustainable Innovation
Masdar City Free Zone (MCFZ) is more than just a location — it’s a vision for sustainable, tech-forward growth. Located in Abu Dhabi and only 10 minutes from the international airport, this Free Zone is engineered to attract companies in clean tech, AI, health sciences, space tech, and renewable energy.
Key Business Benefits:
100% foreign ownership
Zero corporate and personal income tax
No import/export duties
Access to global markets and talent
Smart infrastructure and green buildings
Whether you're a tech startup or an established multinational, setting up in MCFZ gives you prestige, infrastructure, and incentives you won’t find elsewhere in the UAE.
Who is Theta 7? Trusted Auditors Backed by Compliance and Integrity
AuditCo Times Auditors L.L.C, a fully licensed entity under the Theta 7 Group, is your go-to auditing partner in Masdar City. Our team of DED-approved, IFRS-compliant chartered accountants delivers precision, insight, and financial assurance across various industries.
What Sets Theta 7 Apart?
We don’t just audit — we empower. Our audits go beyond meeting mandatory rules; they become strategic tools that unlock opportunities and mitigate risk.
DED-Approved Audit License: Ensures credibility and adherence to UAE's Department of Economic Development standards.
Expert Team: Comprises seasoned professionals with extensive experience in various industries.
IFRS-Compliant Audits: Conducts financial audits in line with International Financial Reporting Standards, ensuring global compliance.
Customized Services: Offers tailored auditing solutions for SMEs, corporates, and complex business groups.
Focus on Compliance and Accuracy: Prioritizes meticulous auditing processes to ensure financial clarity and regulatory adherence.
Explore Our Auditing Services – Designed for Real Business Impact
Here’s what you get when you partner with Theta 7 in Masdar City Free Zone:
1. External Audit Reports
Ensure transparency and regulatory compliance with accurate annual financial statements tailored for submission to Free Zone and UAE authorities.
2. Internal Audits
Our team audits your processes and risk controls to improve governance, spot inefficiencies, and prevent fraud before it happens.
3. Compliance Audits
We help you stay ahead of changing rules with audits that measure your alignment with financial and legal obligations in Masdar City and beyond.
4. Agreed-Upon Procedures (AUPs)
We execute precise, pre-agreed financial procedures — perfect for business owners or stakeholders needing confirmation of specific items.
5. Financial Due Diligence
Planning an acquisition, merger, or partnership? Our thorough due diligence audits protect you from hidden liabilities and ensure informed decision-making.
6. Forensic Accounting
Uncover fraud, mismanagement, or legal inconsistencies. Our forensic specialists dive deep into data to reveal the facts with clarity and objectivity.
7. Special Purpose Audits
Whether it’s for shareholder disputes, project funding, or internal restructuring, we craft audits tailored to your unique scenario.
Who Needs an Audit in Masdar City Free Zone?
Any business operating within MCFZ is required to submit annual audits by an approved auditor. This includes:
Newly established companies submitting their first-year financials
Renewal applicants proving financial continuity
Firms undergoing expansion, restructuring, or exit planning
Theta 7 Makes Auditing Easy in Masdar City
Our auditors work directly with Masdar City Free Zone Authority. That means faster turnarounds, more relevant insights, and smoother audit approvals.
From startup to scale-up — our audits support every stage of your business lifecycle.
Benefits of Partnering with Theta 7 in Masdar City Free Zone
Regulatory Compliance: Ensures businesses meet the specific financial regulations of the Free Zone.
Enhanced Credibility: Audited financial statements bolster investor and stakeholder confidence.
Operational Efficiency: Identifies areas for improvement, leading to streamlined operations.
Risk Management: Helps in early detection of potential financial risks or irregularities.
