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Approved Auditor in Jumeirah Lake Towers, Dubai

Approved Auditor in JLT

Farahat & Co. is an approved auditor in Jumeirah Lake Towers, providing DMCC-compliant audit services to JLT-registered companies.

Jumeirah Lake Towers is regulated by the Dubai Multi Commodities Centre, and every company registered under DMCC, including those based in JLT, must submit audited financial statements prepared by a firm on DMCC’s Approved Auditors List. This applies whether the company traded during the year or not, and audited statements are required both for annual filing and at the time of trade license renewal. Our audit firm holds DMCC approval and prepares IFRS-compliant financial statements for JLT companies across trading, holding, and services structures.

  • DMCC Approved Auditors List status, authorised to sign audit reports for JLT-registered companies
  • IFRS-compliant audited financial statements submitted through the DMCC Member Portal
  • Support for dormant and zero-revenue companies, which still require an audit unless narrow exemption criteria apply
  • Renewal-aligned audit timing, so your audit report is ready ahead of your trade license renewal date
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Why JLT Companies Need an Approved Auditor

Under DMCC Authority Regulations No. 1 of 2020, every company registered under DMCC, which governs the JLT free zone, must have its financial statements audited by a firm on the DMCC Approved Auditors List before submission through the Member Portal.

Audited financial statements must generally be submitted within 90 days of the company’s financial year end, and where a trade license renewal date falls before that deadline, the audit report needs to be ready in time for renewal rather than the standard filing window. New companies, holding structures, SPVs, and companies with no revenue during the year are not automatically exempt, and are still expected to prepare IFRS-compliant statements and have them audited unless they qualify under the free zone’s specific dormant-entity provisions.

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Audit Services We Provide for JLT Companies

Our audit services for JLT-registered companies are structured around what DMCC actually requires for filing and renewal.

Statutory / External Audit

An independent examination of your financial statements to confirm they present a true and fair view under IFRS, prepared in the format DMCC requires for Member Portal submission.

Audits for Dormant and Zero-Revenue Companies

Even where a JLT company had no trading activity during the year, its financial statements generally still require audit and submission, and we prepare these efficiently for companies in this position.

Renewal-Aligned Audit Timing

We schedule the audit engagement around your specific trade license renewal date, so the audited report is ready in time even where renewal falls earlier than the standard 90-day filing window.

Internal Audit and Compliance Review

For JLT companies looking beyond the mandatory annual audit, we provide internal audit and internal control reviews to support broader financial governance.

Discuss Your JLT Audit Requirement

Documents Required for a JLT Audit

Having these documents ready before the audit begins helps keep the engagement on schedule ahead of your DMCC filing or renewal deadline.

Company and registration documents

JLT/DMCC trade license, Certificate of Incorporation, and Memorandum of Association.

Ownership and authorisation documents

Share certificates, passport and Emirates ID copies for directors, and formal proof of executive authorisation.

Financial records

Bank statements, trial balance, general ledger, and supporting invoices and contracts for the relevant financial year.

How Farahat & Co. Can Help

As an approved auditor on the DMCC Approved Auditors List, our team prepares IFRS-compliant audited financial statements for JLT companies and manages submission through the DMCC Member Portal. We work with trading, holding, and services companies across the free zone, including dormant entities that still need to meet their filing obligation, and we schedule engagements around your specific renewal date so the audit is never the reason a license renewal is delayed.

If your JLT company needs an approved auditor for its annual filing or license renewal, our team is ready to help.

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Important FAQs on Audit Services in JLT

Do all JLT companies need an approved auditor?

Yes. Every company registered under DMCC, which regulates the JLT free zone, must have its financial statements audited by a firm on the DMCC Approved Auditors List, regardless of company size or revenue.

Does a dormant JLT company still need an audit?

Generally yes. Companies with no revenue or trading activity during the year are still expected to prepare IFRS-compliant financial statements and have them audited, unless they qualify under DMCC’s narrow dormant-entity exemption criteria.

When must audited financial statements be submitted?

Audited financial statements are generally due within 90 days of the company’s financial year end, and must also be ready at the time of trade license renewal if that date falls earlier.

Is Farahat & Co. on the DMCC Approved Auditors List?

Yes. Our firm holds DMCC approval, authorising us to sign audit reports for companies registered in JLT and across DMCC.

How can Farahat & Co. help with my JLT company's audit?

Our team prepares your IFRS-compliant audited financial statements, manages submission through the DMCC Member Portal, and schedules the engagement around your specific renewal date. Contact us to get started.
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