DHCC Approved Auditors
We are Approved Auditors for Dubai Healthcare City Companies.
Approved Auditors for Dubai Healthcare City Companies
Farahat & Co. is an approved auditor for Dubai Healthcare City (DHCC), authorised to conduct statutory audits for clinics, hospitals, medical consultancies, wellness businesses and professional service companies registered in the free zone.
Established in 2002 and now governed under Dubai Law No. 16 of 2024, DHCC is the region’s largest dedicated healthcare free zone, home to more than 500 clinical and non-clinical partners.
Since 1 March 2021, every DHCC-registered Free Zone Limited Liability Company (FZ-LLC) has been required to submit audited financial statements annually as part of licence renewal.
Book a DHCC Audit ConsultationServices 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.
DHCC Audit Requirements and Regulations
Legal basis
Dubai Healthcare City is governed by Dubai Law No. 16 of 2024 on Dubai Healthcare City, with licensing and financial reporting requirements administered by the Dubai Healthcare City Authority – Regulatory (DHCR). Under DHCA Rule No. 1 of 2025, which replaced Rule No. 1 of 2018, licensed entities must maintain financial statements that include, at minimum, a balance sheet, income statement, statement of cash flows and statement of changes in equity, accompanied by the auditor’s report. The mandatory annual audit requirement for DHCC FZ-LLC entities has been in effect since 1 March 2021.
Who must comply
The audit requirement applies to entities registered as a Free Zone Limited Liability Company (FZ-LLC) in DHCC, including clinics, hospitals, laboratories, medical consultancies, wellness centres, and non-clinical professional service companies. Newly formed entities are also expected to prepare for their first audit at the end of their financial year, so financial records should be organised from the outset rather than left until renewal approaches. Companies without audited financial statements at the time of renewal can submit a Financial Statements Summary Sheet provided by DHCA-R as an interim alternative, though this does not remove the underlying requirement to prepare audited accounts.
Penalties for non-compliance
Since audited financial statements are submitted as part of the annual commercial licence renewal, failing to provide them, or the summary sheet alternative, can delay or prevent licence renewal. Given DHCC’s healthcare focus, delayed licence renewal can also affect a facility’s ability to maintain clinical operating approvals, making timely audit completion more consequential than in some other free zones.
Audit Process, Deadline and Documents Required
Filing deadline and submission process
Audited financial statements must be submitted at the time of the company’s annual commercial licence renewal, which falls one year from the previous renewal date rather than on a single fixed calendar date across all DHCC companies. Companies should confirm their specific renewal date and begin the audit process well in advance, since a completed audit typically takes around one to two weeks once records are organised and complete.
Step-by-step audit process
- Understand the business — the auditor reviews the business activity, licence type, ownership structure and financial reporting needs.
- Review accounting records — trial balance, general ledger and management accounts are checked for completeness.
- Verify supporting documents — bank statements, reconciliations, invoices, contracts and expense records are reviewed.
- Test key balances — revenue, professional fees, supplier payments, payroll and other balances are verified.
- Review tax compliance — VAT, corporate tax and other compliance records are checked where applicable.
- Prepare the audit report — the final audit report and financial statements are issued for licence renewal submission.
Documents required
DHCC trade licence, certificate of incorporation or registration documents, Memorandum and Articles of Association, shareholder, director and manager details, lease agreement, trial balance and general ledger, profit and loss statement, balance sheet, bank statements and reconciliations for the financial year, sales and purchase invoices, supplier and customer contracts where applicable, fixed asset register, payroll records, VAT registration certificate and returns where applicable, corporate tax registration details where applicable, and previous audited financial statements if available.
Why Choose Farahat & Co. as Your DHCC-Approved Auditor
Farahat & Co. is an approved auditor for Dubai Healthcare City and works with clinics, hospitals, medical consultancies and wellness businesses across the free zone. Healthcare-sector accounting carries specific considerations, including insurance reimbursement timing, professional fee structures, medical equipment depreciation and patient billing reconciliation, and our audit approach is built around these sector-specific transaction types rather than a generic commercial audit template.
Beyond DHCC, Farahat & Co. holds approvals across more than 20 UAE free zones, including DMCC, JAFZA and DIFC, giving healthcare groups with entities in multiple jurisdictions a single audit partner. Since DHCC audit submission is tied directly to annual licence renewal, and renewal dates vary by company, we track each client’s specific renewal date and begin audit preparation with enough lead time to avoid a last-minute filing.
About Dubai Healthcare City: Free Zone Profile
Dubai Healthcare City was established in 2002 to position Dubai as a global centre for healthcare, medical education and research. Now governed under Dubai Law No. 16 of 2024, DHCC is the region’s largest dedicated healthcare free zone, home to more than 500 clinical and non-clinical partners, including hospitals, clinics, diagnostic laboratories, medical education providers and wellness centres.
The zone’s regulatory structure differs from general commercial free zones because DHCC entities are subject to both financial compliance requirements, including the mandatory annual audit, and healthcare-specific regulation, including clinical licensing, medical liability coverage and patient data protection standards administered by DHCA. This dual layer of regulation means DHCC’s accounting and audit considerations often intersect with clinical governance requirements in ways that purely commercial free zones do not encounter.