Companies operating in DMCC Free Zones are required to undergo annual audits in compliance with the DMCC Authority Company Regulations. As per Regulation 71 of DMCCA, company directors must prepare and approve yearly financial statements by International Financial Reporting Standards (IFRS).
Maintaining transparent and accurate financial records that reflect a true and fair view of the company’s profit, loss, and financial standing is mandatory.
Requirement | Details |
---|---|
DMCC Audit Submission Deadline | September 30, 2025 |
Applicable To | All companies registered with DMCC |
Financial Year End | December 31, 2024 |
Submission Requirement | Audited financial statements must be submitted to DMCC Authority |
The DMCC audit submission deadline for 2025 is September 30, 2025. All companies registered with the Dubai Multi Commodities Centre (DMCC) must submit their audited financial statements for the financial year ending December 31, 2024, by this date.
Companies registered in the DMCC Free Zone must submit audited accounts within 180 days of the end of their financial year. The reports should be submitted through the DMCC member portal, including both the financial statements and summary sheet.
To remain compliant, DMCC-registered companies must:
Failure to submit by September 30, 2025, can result in:
During the audit process, auditors may request the following documents to assess the company’s financial health:
According to Regulation 77, audit firms must submit a report to the company with the following key declarations:
Complying with the DMCC audit requirements serves multiple purposes:
As outlined in Section 22 of the DMCCA Company Regulations, companies that:
Hiring a DMCC-approved audit firm in the UAE is essential to ensure regulatory compliance and maintain stakeholder confidence. Professional audit firms can simplify the audit process and help companies avoid costly penalties.
As per Regulation 76 of DMCCA, every DMCC-registered company must appoint an audit firm in the UAE to examine its financial statements. These auditors must be registered and approved by the DMCC Authority and follow the latest approved auditor rules issued by the DMCC.
Need assistance? Our expert auditors are here to support your business. Contact us today to schedule your consultation and ensure a smooth audit process.