Dubai Outsource City Approved Auditors
We are Approved Auditors by Dubai Outsource City.
Audit Services for Dubai Outsource City Companies
Farahat & Co. is an approved auditor for companies registered in Dubai Outsource City (DOC), a business district regulated under the Dubai Development Authority (DDA).
Established in 2007 as Dubai Outsource Zone and later rebranded, DOC is the region’s only dedicated free zone for outsourcing and shared services businesses, home to more than 120 companies across BPO, call centre, IT outsourcing and back-office operations.
Every DOC-registered company must prepare and submit audited financial statements annually through the AXS portal, in line with DDA’s Private Companies Regulations.
Services We Offer as Dubai Outsource City Approved Auditors in UAE
As approved auditors for Dubai Outsource City, we deliver professional audit and financial compliance services for outsourcing and business process companies in the UAE. Our team keeps your DOC-registered business compliant and financially strong.
DOC Audit Requirements and Regulations
Legal basis
As a DDA-regulated business district, DOC companies are governed by DDA’s Private Companies Regulations under DDA Circular No. 421. Members must appoint an auditor at each annual general meeting, and the auditor’s report must confirm whether the accounts give a true and fair view of the company’s financial position, prepared using IFRS or another accounting standard approved by the Registrar. Financial statements and the auditor’s report are generally submitted through the AXS portal within six months of the financial year-end.
Who must comply
The requirement applies to all free zone LLCs and branches registered in DOC, across business process outsourcing, call centre operations, IT outsourcing, HR outsourcing, data processing and back-office services. Companies should retain financial statements and supporting records for at least eight years, consistent with DDA’s broader retention requirement.
Penalties for non-compliance
Late or missing submission of audited financial statements can delay trade licence renewal and create broader compliance issues with DDA. Given that many DOC companies operate as captive service centres for international parent groups, an incomplete or delayed audit can also disrupt group-level reporting and intercompany billing cycles.
Audit Process, Documents and Outsourcing-Sector Considerations
Audit process
- Confirm the company’s financial year and organise accounting and client billing records.
- Prepare financial statements in line with IFRS or another approved standard.
- Appoint an auditor and complete the audit.
- Receive the audit report and Financial Statements Report Summary Sheet.
- Submit through the AXS portal within six months of the financial year-end.
Outsourcing-sector audit considerations
- BPO and call centre operators: service-level contracts, seat-based or volume-based billing, and client-specific cost allocation.
- Captive service centres: intercompany service agreements, transfer pricing documentation, and cost-plus billing arrangements with the parent company.
- IT and data outsourcing providers: software licensing costs, data centre infrastructure expenses, and subscription-based client billing.
- HR and payroll outsourcing firms: client fund handling, payroll processing liabilities, and service fee recognition.
Documents required
Trade licence, Memorandum and Articles of Association, general ledger and trial balance, bank statements and reconciliations, client service agreements and invoices, intercompany agreements where applicable, payroll and WPS records, fixed asset register, VAT returns, corporate tax registration details, and previous audited financial statements where available.
Why Choose Farahat & Co. as Your DOC-Approved Auditor
Farahat & Co. supports Dubai Outsource City companies across BPO, call centre, IT outsourcing and HR outsourcing activities. Our audit approach reflects the service-level billing, intercompany arrangements and captive service centre structures common in this sector, rather than applying a generic commercial audit template.
Beyond DOC, Farahat & Co. holds approvals across more than 20 UAE free zones, including DMCC, JAFZA and DIFC, and supports companies across every other DDA-regulated business district, giving outsourcing groups with parent companies or sister entities elsewhere in the UAE a single, consistent audit partner.
About Dubai Outsource City: Free Zone Profile
Dubai Outsource City was established in 2007 as Dubai Outsource Zone, the region’s first free zone dedicated exclusively to the outsourcing industry, and was later rebranded to reflect its growth into a full-scale business community. Operated by TECOM Group and regulated under the Dubai Development Authority, DOC is home to more than 120 companies spanning business process outsourcing, call centre operations, IT outsourcing, HR outsourcing and back-office services.
Located near Emirates Road and Dubai Bypass Road, DOC gives outsourcing and shared services companies good connectivity for the large workforces these operations typically require, alongside purpose-built infrastructure including robust telecom connectivity and data centre facilities.