BWMC · Dubai, UAE
Statutory Audit Support in Dubai and the UAE
Clarify your entity’s legal audit obligation and prepare for the required report.
What this service covers
A statutory audit is an audit required by an applicable law or regulation. The first step is to identify which requirement applies to your UAE entity, the financial year concerned and the intended recipient. BWMC supports the preparation and coordination process, with the authorised independent auditor and engagement responsibilities confirmed in advance.
Company-law obligations, corporate tax audit requirements and free-zone rules can overlap without being identical. Do not assume that one turnover threshold or submission deadline answers every case. Use the current rules for the entity and reporting period, including amendments to the UAE Commercial Companies Law.
Support available
The proposal will confirm the services and deliverables included.
- Entity and jurisdiction requirement review
- Financial statement preparation support
- Year-end schedules and reconciliations
- Coordination with the appointed auditor
- Management responses to audit queries
- Submission and record-retention checklist
What to prepare
- Licence, memorandum and ownership information
- Reporting deadline or authority notice
- Current and comparative financial statements
- Year-end balances, contracts and tax records
We will confirm the checklist for your circumstances. Agree a secure way to share confidential documents with the team.
How the engagement works
STEP 1
Agree the scope
Confirm your objective, entity, reporting period, intended recipient and the work included in the engagement.
STEP 2
Review the records
Use the agreed document checklist to assess the facts, reconcile information and identify missing evidence.
STEP 3
Prepare the findings
Document the analysis, assumptions, unresolved matters and practical actions relevant to the agreed scope.
STEP 4
Discuss next steps
Explain the findings to your team and agree responsibilities, deadlines and any follow-up support.
Frequently asked questions
How does statutory audit differ from external audit?
Statutory describes why an audit is required: a law or regulation requires it. External describes the independent auditor’s relationship to the entity. A statutory financial statement audit is generally performed by an external auditor.
Is there one UAE statutory audit deadline?
No single deadline should be assumed for all entities. Check the applicable law, licensing authority, tax requirement and any contractual reporting obligations. Provide the actual authority notice or agreement when requesting a timetable.
Can a tax audit replace a statutory audit?
No. An FTA tax audit reviews compliance with tax legislation. A statutory financial statement audit has a different purpose and reporting framework.
Can an inactive company still need an audit?
Possibly. Low turnover or inactivity does not automatically remove company-law, licensing or contractual requirements. The entity’s circumstances and applicable exemptions need to be checked.
Can you guarantee a clean opinion?
No. The independent auditor’s opinion follows from the evidence and applicable standards. Management remains responsible for the financial statements and for addressing identified issues.
Official guidance and further reading
Content reviewed 14 September 2026. Requirements depend on your facts and the rules in force. Confirm the applicable position before acting.
Discuss your requirements with BWMC
Send us a Message
Related services
Start with a clear scope
Tell us about your business, the outcome you need and any deadline. BWMC will help identify the next steps and confirm a suitable scope and quotation.
Contact BWMCEmarat Atrium, 1st Floor, Unit 147, Sheikh Zayed Road, Dubai, United Arab Emirates+971 4 548 8184