Approved auditors
JebelAlifreezone
Since 20179 Since 2017
- On the zone's approved auditor list
- FTA approved tax agency
- Signed in time for renewal
Talk to a specialist
Tell us your licence expiry and we will tell you what the zone needs and by when.
- Reply in 24h
- FTA approved
- Direct to a specialist
Vigor is a registered auditor for Jebel Ali free zone
Licensed by JAFZA. Logistics, manufacturing and trading, next to Jebel Ali port and the region's oldest free zone.
Overview
Auditors registered in Jebel Ali free zone
Vigor Accounting and Taxation is an authorized entity via the Audit Division to practice statutory audit functions as demanded by management, government bodies and banks free zones. Unlike traditional auditors, not only do we study and confirm numbers but more importantly provide insights for business enhancement as well as identify the risks that lie beneath. Vigor Accounting and Taxation with unparalleled human talent have the practical experience which makes them ideal to hold you in successful wading through today's complex economic condition. We are certified individuals with over 2,000 audits under our belt and we adhere to the highest standards of integrity,objectivity and professionalism.
Here at Vigor Accounting and Taxation, we strive to embody our company mission of making "Happy Customers" through exceptional service in helping businesses evolve. That is why we gladly show them in our visual testimonials (over 15+ clients proudly showcase our catalog as a sign of trust). We work tirelessly to add more happy customers in marketing our homeland by being the best at what we do.
We offer this added advantage as registered auditors in Jebel Ali Free Zone (JAFZA) to deliver the audit reports essential for your license renewal. External Audit Services in the UAE.
5,000+
Audits completed
20
Zones approved in
9
years, since 2017
What the zone requires
Three rules that decide your renewal
Audited statements at renewal
Most free zone licences require audited financial statements before the authority will renew. The window and the format are set by the zone, so the date to work back from is your licence expiry.
Signed by an approved auditor
The zone will only accept a report from a firm on its own approved list. A report from a firm that is not listed is rejected at submission, whatever its quality.
Records kept for five years
Every UAE company must keep its accounting records for at least five years, which is separate from the audit itself and applies whether or not the licence requires one.
When to start
Count back from your licence expiry
The deadline is set by your renewal date, not by the calendar year, which is why two companies in the same zone can have completely different audit seasons.
90 days out
Engage the auditor
Scope and fixed fee agreed while there is still room to move.
60 days out
Records handed over
Books, statements and supporting documents. Backlog rebuilt first if there is any.
30 days out
Fieldwork and queries
Balances verified. Anything that does not reconcile is raised while it can still be corrected.
Renewal
Signed report submitted
Audited statements in the zone's format, in time for the licence.
Vigor’s working guidance for a straightforward set of accounts, counted back from your licence expiry. Jebel Ali free zone sets the submission deadline and the accepted format, so the date to plan from is your own renewal date rather than a fixed month in the year.
If it slips
- 01
The licence renewal stalls
The authority can hold the renewal until the audited statements are submitted. Everything below follows from that one thing.
- 02
Visas follow the licence
Residence visas and new hires are tied to a current licence, so a delay reaches the team before it reaches the accounts.
- 03
Banking gets harder
Relationship reviews and facility renewals ask for current audited statements. An expired licence turns a routine check into a problem.
- 04
The work does not get smaller
A late start compresses the same fieldwork into less time, and books that have drifted have to be rebuilt before any of it can begin.
How it runs
Four steps from engagement to a signed report
- 01
Engagement and scope
We confirm the zone, the licence type and the financial year, then issue a scope and a fixed fee in writing. Nothing starts before you have both.
- 02
Records and reconciliation
You send the books, bank statements and supporting documents. Where the books are behind, that backlog is quoted separately and rebuilt first.
- 03
Fieldwork and testing
Balances verified, controls tested, and anything that does not reconcile raised with you while there is still time to correct it rather than after signing.
- 04
Signed report for renewal
Audited financial statements in the format the zone accepts, signed by an auditor on its approved list, in time for the licence renewal window.
Engagement and scope
Talk to an approved auditor
Tell us your licence expiry in Jebel Ali free zone and we will tell you what is needed and by when.
Before we start
What we need from you
Tick what you already have. Most companies are further along than they think, and fieldwork can usually begin before the last of it arrives.
Tick what you already have
Most companies have more of this than they expect. Nothing here is sent anywhere.
What you receive
A signed report the zone accepts
Audited financial statements with an independent opinion, signed by a firm on the approved list for Jebel Ali free zone. That signature is what the authority is looking for at renewal, and it is the whole reason the engagement exists.
- An independent opinion, not a compilation
- In the format the authority accepts
- Signed in time for the renewal window
Independent auditor’s report
To the shareholders of a company licensed in Jebel Ali free zone
Opinion
Basis for opinion
Vigor Accounting & Taxation LLC
Registered auditors, Business Bay, Dubai
Government Agencies
We work closely with all Government Agencies
Company formation, licensing, visas, customs codes and tax registration all pass through these authorities. Start a company setup.
Answers
Questions about this zone
The six asked most often before an audit engagement starts.
01Is external audit mandatory for companies in Jebel Ali Free Zone?
Yes, most free zone licences, including those issued by JAFZA, require audited financial statements as part of the annual licence renewal. Whether your specific licence type is subject to this depends on the activity and package chosen when the company was set up, so it is worth checking the exact wording of your licence conditions.
02How much does an external audit cost for a JAFZA company?
Audit fees depend on the size of the company, the volume of transactions and the state of the underlying records, so they are quoted after reviewing the accounts rather than fixed in advance. A proposal is normally issued once the scope of the audit and the accounting period have been confirmed.
03By when do I need to submit audited accounts to JAFZA?
JAFZA sets its own renewal deadline tied to the licence expiry date, and the audited financial statements are usually required before or at the point of renewal. The exact date depends on the licence issue date, so it should be checked against the specific renewal notice received from the authority.
04What happens if I renew my JAFZA licence without an audit?
Free zones can refuse or delay licence renewal where audited financial statements have not been submitted, which can hold up trade licence activities and related approvals such as visas. The precise consequence depends on JAFZA's current renewal rules, so it is best confirmed directly with the authority or checked in the renewal notice.
05What documents does an auditor need from a JAFZA company?
An auditor typically needs the trial balance, bank statements, sales and purchase invoices, fixed asset registers, payroll records and the prior year financial statements if available. Additional documents may be requested depending on the nature of the business, such as inventory records or related party agreements.
06How long does an external audit of a JAFZA company take?
Timelines vary with company size and how organised the records are, but a straightforward audit with complete documentation is usually completed within a few weeks. Delays most often arise from missing invoices, unreconciled bank accounts or incomplete supporting schedules, so preparing records in advance shortens the process.
Not here? Ask Vigor, and a specialist picks it up from there.
