DHCC Approved Auditors in Dubai
Dubai Healthcare City (DHCC) is one of the UAE’s most regulated free zone environments, serving healthcare providers, clinics, medical consultancies, wellness businesses, professional service companies, and branches of local and foreign entities. Companies operating in DHCC are expected to maintain proper accounting records and ensure that their financial statements clearly reflect their business activity.
For DHCC companies, audit is not just a routine accounting requirement. It supports financial transparency, licence renewal, shareholder reporting, banking requirements, tax compliance, and regulatory confidence. Businesses that maintain updated financial records are better prepared to respond to authority requests, tax reviews, and internal management decisions.
Farahat & Co. provides audit services for companies registered in Dubai Healthcare City. Our auditors assist DHCC businesses with accounting record review, financial statement preparation, document verification, audit reporting, and compliance support in line with UAE regulatory expectations.
About Dubai Healthcare City
Dubai Healthcare City is a specialised free zone in Dubai focused on healthcare, medical services, wellness, education, research, consultancy, and supporting professional services. Due to the nature of the sector, companies operating in DHCC are expected to maintain high standards of governance, recordkeeping, and financial clarity.
A healthcare or professional service business may deal with patient-related services, professional fees, insurance reimbursements, supplier payments, staff costs, equipment purchases, licensing expenses, and related operational transactions. Proper audit and accounting records help ensure that these activities are recorded accurately and supported by reliable documents.
Talk to Our DHCC Audit ExpertsServices We Offer as DHCC Approved Auditors in UAE
As approved auditors in Dubai Healthcare City, we understand the specific regulatory and financial requirements of healthcare businesses in the UAE. Our services are tailored to help DHCC-registered companies maintain compliance and financial integrity.
Why Audit Matters for DHCC Companies
An audit helps DHCC companies confirm that their financial statements are accurate, complete, and supported by proper accounting records. It also gives business owners, shareholders, banks, and regulators greater confidence in the company’s financial position.
The major benefits of audit for DHCC companies include:
- Improved financial transparency and governance
- Better preparation for licence renewal and authority requests
- Clearer view of income, expenses, assets, and liabilities
- Stronger credibility with banks, investors, and shareholders
- Reduced risk of accounting errors and unsupported balances
- Better readiness for VAT and Corporate Tax compliance
- Improved internal controls for healthcare and professional service operations
Our Audit Services for DHCC Companies
External Audit: Our external audit services help DHCC companies review financial statements, accounting records, bank transactions, invoices, and supporting documents to ensure the accounts present a reliable view of the business.
Financial Statement Audit: We examine the company’s financial statements and assess whether they are supported by proper records and aligned with applicable accounting standards.
Internal Audit: Our internal audit support helps DHCC companies review internal controls, billing processes, expense approvals, cash handling, procurement, and financial reporting practices.
VAT and Corporate Tax Review: Our auditors review tax records, VAT returns, invoices, ledgers, and Corporate Tax-related documents to identify possible gaps before submission or review.
Accounting Record Review: We assist businesses in checking whether bookkeeping records, ledgers, reconciliations, and financial reports are complete and audit-ready.
Audit Process for DHCC Companies
The audit process for a DHCC company should be organised and properly documented. A structured process helps reduce delays and ensures the audit report is supported by sufficient evidence.
- Understanding the business activity, licence type, ownership structure, and financial reporting needs
- Reviewing accounting records, trial balance, general ledger, and management accounts
- Checking bank statements, reconciliations, invoices, contracts, and expense records
- Verifying revenue, professional fees, supplier payments, payroll, and other key balances
- Reviewing VAT, Corporate Tax, and other compliance records where applicable
- Identifying accounting gaps, missing documents, or inconsistent balances
- Preparing the audit report and final financial statements for the relevant purpose
Documents Required for DHCC Audit
DHCC companies are usually required to provide the following documents for audit or financial review:
- Valid DHCC trade licence
- Certificate of incorporation or registration documents
- Memorandum and Articles of Association
- Shareholder, director, and manager details
- Lease agreement or office-related documents
- Trial balance and general ledger
- Profit and loss statement
- Balance sheet
- Bank statements for the financial year
- Bank reconciliation statements
- Sales invoices and revenue records
- Purchase invoices and expense records
- Supplier and customer contracts, where applicable
- Fixed asset register and depreciation details
- Payroll records and staff cost details
- VAT registration certificate and VAT returns, if applicable
- Corporate Tax registration details, if applicable
- Previous audited financial statements, if available
Stay Audit-Ready with Farahat & Co.
Farahat & Co. helps DHCC companies maintain audit-ready financial records and prepare reliable financial statements. Our audit team reviews your accounting records, identifies missing documents, checks key balances, and assists in preparing the audit report required for compliance, renewal, banking, or shareholder purposes.
We support DHCC companies with practical audit guidance, clear documentation, and professional reporting so that your business remains compliant and financially organised.
Frequently Asked Questions (FAQs)
Is audit required for DHCC companies?
DHCC companies are generally expected to maintain proper financial records and may be required to prepare audited financial statements for compliance, renewal, shareholder, banking, or authority purposes.
Who can audit a DHCC company?
The audit should be carried out by a qualified and licensed audit firm that understands UAE free zone requirements and financial reporting standards.
What documents are needed for a DHCC audit?
Common documents include the DHCC trade licence, incorporation documents, accounting ledgers, bank statements, invoices, contracts, expense records, payroll details, and tax documents where applicable.
Can a small DHCC company also need audited accounts?
Yes. Even small companies may need proper accounts or audited financial statements for licence renewal, banking, shareholder reporting, tax compliance, or authority review.
How long does a DHCC audit take?
The timeline depends on the company’s transaction volume and record readiness. If books are updated and documents are complete, the audit can usually be completed faster.
Can Farahat & Co. help before the audit starts?
Yes. Farahat & Co. can review accounting records, identify missing documents, reconcile balances, and help prepare financial statements before the audit process begins.