Business setup Dubai: Accounting & Auditing Company Formation in the UAE
The establishment of an accounting or auditing business in the UAE is very complicated and requires a high level of regulation. It is a very controlled profession that has stringent licensing requirements, mandatory competencies and zero tolerance to lapses in compliance. When you intend to join this industry, you must do things according to the official regulations, not based on a personal assumption.
In FAR Consultancy Dubai, we facilitate the process of setup and at the same time make sure that all the necessary requirements of the regulatory bodies are met.
Why Set Up an Accounting or Audit Firm in the UAE?
- Great demand because of the mandatory audits of many companies.
- Good regulatory environment on transparency.
- Entry to the competitive and fast-growing business market of UAE.
- Professional credibility with a granted and recognized license.
Types of Licenses for Accounting & Auditing Firms
Accounting Firm Setup UAE
You need a Professional License to offer services such as bookkeeping, payroll processing, VAT filing, and financial reporting.
Key requirements include:
- Accountant has relevant degree.
- Evidence of experience (typically 1-3 years in various districts)
- Registration with the local authorities based on services provided.
- Space in the office (physical or flexi-desk based on the zone)
Audit Firm License Dubai
Audit firms are subject to tighter oversight because they are responsible for verifying and signing financial statements.
You need:
- Partner/principal with recognized accounting degree.
- Professional qualifications (ACCA, CPA, CA, CMA etc.)
- Minimal experience (3-5 years of auditing)
- Registration with Ministry of Economy (Moe)- required in case of audit firms.
- Depending on your structure, you may require approval from the relevant free zone authorities or the Department of Economic Development (DED).
- UAE-based office
Formation of Accounting & Auditing Company: Mainland or Free Zone?
Mainland (DED Dubai)
- Needs MoE approval of audit practice.
- Enables you to operate clients throughout the UAE.
- Office space mandatory
Free Zones (DMCC, IFZA, SHAMS, RAKEZ, etc.)
- Faster approvals
- Lower setup costs
- Approval of MoE is still required to sign statutory audits by audit firms.
- Perfect with only accounting firms.
Our Services for Accounting & Audit Firm Setup
Licensing & Approvals
We coordinate directly with the relevant authorities to ensure your application moves forward without delay.
- DED license
- Registration of the ministry of economy.
- Free zone approvals
- Checking professional qualifications.
Document Processing
We manage:
- Passport & EID validations
- Attestation of educational certificates.
- Reviews of experience certificates.
- External approvals and NOCs
Office Setup Assistance
Whether you require a flexi-desk in a free zone or a full office on the mainland, we assist with securing the appropriate workspace.
Compliance Regulatory Set-up.
We help you comply with:
- AML regulations
- Quality control requirement in audit.
- Standards of client onboarding and documentation.
- Record-keeping rules
- Continuing PRO & Compliance Services.
Because the UAE enforces strict penalties for firms that fail to renew licenses or violate regulatory obligations
Accounting or Audit Firm Start-Up Process in the UAE.
- Choose Mainland or Free Zone
- Provide qualification and experience papers.
- Apply for initial approval.
- Obtain approval of audit firms by Ministry of Economy.
- Lease office or flexi-desk.
- Issue the trade license.
- Incorporate the company with the appropriate authorities.
FAQs
Why FAR Consultancy Dubai ?
We have managed thousands of accountings and audit firm arrangements in the mainland and free zones. That is why we are your trusted partner for business setup in Dubai. Contact us today to get your accounting and auditing company set up in a quick and easy way.
+971 52 6922588
| Tel: +971 4 2500251
| E-mail: sales@farahatco.net