Trust Isn’t Claimed. It’s Audited. Get Statutory Audit Services in Dubai

A statutory audit isn’t just a legal requirement; it’s your financial credibility on the line. With 10+ years of experience, we deliver precise, regulatory-compliance audits that go beyond numbers, making sure your financial statements stand up to scrutiny. No shortcuts. No compromises. Just accuracy.

Statutory Audit by Capital Plus – 10,000+ Audits Delivering Accuracy

Looking for top-tier statutory auditors in Dubai who go beyond compliance to enhance stakeholder trust and financial transparency? Capital Plus Auditing of Accounts is your trusted partner for audit excellence, with 10,000+ successful audits conducted across UAE businesses. Our experienced statutory auditors ensure accurate financial reporting, in-depth risk assessments, and a transparent audit process that aligns with UAE regulations. We help safeguard your business from regulatory risks while strengthening investor confidence through verified financial statements that reflect your true financial position. Partner with Capital Plus today for audit precision, compliance assurance, and business growth

Two professionals collaborating in a bright office, reviewing financial charts and data on a laptop and paper reports.

What is a Statutory Audit?

A statutory audit is a legally required review of a company’s financial records by an independent auditor to ensure compliance with UAE laws and IFRS standards. Governed by the UAE Commercial Companies Law (Federal Law No. 32 of 2021), it is essential for public companies, financial institutions, and free zone businesses. The audit process verifies financial statements, enhances transparency, detects fraud, and strengthens investor confidence, ensuring businesses meet regulatory requirements.

Capital Plus Statutory Audit Services

Regulatory Compliance & VAT Audits

Financial Statement Audit

We conduct independent audits to verify balance sheets, income statements, and cash flow statements, ensuring compliance with International Financial Reporting Standards (IFRS). Our audits help detect financial misstatements, errors, and fraud indicators, maintaining accuracy in financial reporting.

Operational & Compliance Audits

Corporate Tax & VAT Compliance Audit

Our statutory audits include a corporate tax and VAT compliance check, ensuring alignment with UAE’s tax laws. We cross-check VAT filings, tax provisions, and deferred tax balances to prevent compliance risks and maintain accurate financial records.

Financial Audits & Fraud Detection

Compliance with UAE Commercial Companies Law

We ensure businesses adhere to UAE Federal Law No. 2 of 2015, conducting mandatory audits for LLCs, public & private joint-stock companies, and branch offices. Our statutory audits verify corporate governance and financial reporting obligations to keep businesses aligned with legal standards.

Corporate Governance & Ethics Audits

Shareholder & Investor Assurance Audit

We help businesses strengthen investor and lender confidence by ensuring financial transparency. Our audits support funding decisions, corporate governance requirements, and financial disclosure obligations, allowing companies to maintain trust with stakeholders.

Internal Control Framework Development

Free Zone & Mainland Statutory Audits

Capital Plus Auditing provides statutory audits for companies operating in free zones such as DMCC, DAFZA, JAFZA, DDA, and others. We ensure businesses meet the financial compliance requirements for license renewals, regulatory submissions, and operational transparency in both mainland and free zone jurisdictions.

Wage Protection System (WPS),

Risk Assessment & Internal Control Review

We conduct comprehensive risk assessments to identify high-risk areas, financial errors, and potential fraud. Our team evaluates internal controls and recommends strategic improvements to enhance financial security and operational efficiency.

Continuous Audit & Monitoring Services

Statutory Audit for Business Mergers & Acquisitions (M&A Audits)

Capital Plus Auditing ensures businesses meet UAE legal requirements for mergers and acquisitions by conducting statutory audits. We verify company value, liabilities, and risks, providing regulatory bodies with the necessary audit reports for smooth mergers, acquisitions, or restructuring.

VAT compliance checklist with verification

Liquidation & Business Closure Audit (Final Statutory Audit)

For companies undergoing liquidation or business closure, we prepare final audit reports to verify liability settlements, asset disposals, and regulatory compliance with the Dubai Economic Department (DED) and Free Zones.

Let Capital Plus Handle Your Compliance and Accuracy with Confidence

Capital Plus – Auditing Excellence Across Industries

Free Zone Companies in UAE

Navigating free zone regulations can be complex, but we make it seamless. Our audits ensure full compliance, accurate financial reporting, and smooth business operations—keeping your company regulatory-ready at all times.

Banking & Insurance

In a sector where precision and compliance are non-negotiable, our audits help banks and insurance companies meet stringent financial regulations, enhance risk management, and safeguard financial stability.

Hospitality & Tourism

Fluctuating revenues and industry-specific regulations make financial management in hospitality and tourism challenging. Our tailored audit solutions compliance, financial accuracy, and sustainable growth for your business.

Publicly Traded Companies

Investor trust starts with financial transparency. Our audits ensure publicly traded companies meet stock exchange regulations, investor expectations, and financial reporting accuracy, reinforcing credibility in the market.

Joint Stock Companies

From corporate governance to regulatory compliance, we help joint stock companies streamline financial reporting, strengthen transparency, and maintain stakeholder confidence in every transaction.

Oil & Gas

The highly regulated oil and gas industry requires specialized financial oversight. Our expert auditors handle complex audits, risk assessments, and compliance checks, ensuring operational transparency and financial integrity.

The Power of Statutory Audits – Why Your Business Needs One

Stay Legally Compliant & Avoid Penalties

In highly regulated markets like the UAE, businesses must comply with tax laws and corporate regulations. Our audits have helped companies avoid hefty fines by ensuring full compliance with financial laws.

Strengthen Credibility & Stakeholder Trust

An independent audit report validates your financial statements, building trust among investors, creditors, and regulatory authorities—a key factor in attracting funding and growth opportunities

Detect & Prevent Fraud Before It Costs You

Fraud can silently drain business resources, but regular audits expose discrepancies before they escalate. One of our audits uncovered an internal fraud scheme, saving a client from major financial losses and legal trouble.

Optimize Financial Management & Reduce Costs

A deep dive into your financials can reveal inefficiencies, helping businesses cut unnecessary expenses. After an audit, we helped a client reduce overhead costs by 15% by identifying gaps in financial processes.

Boost Investor & Lender Confidence

Investors and financial institutions often require audited financial statements before making funding decisions. A statutory audit provides the assurance they need to invest with confidence.

Drive Smarter Strategic Planning

An audit isn’t just about looking at the past—it provides valuable insights into your company’s financial health, profitability, and areas of improvement, helping you make data-driven business decisions.

Increase Operational Efficiency

Audits often uncover inefficiencies in business operations, supply chains, and financial workflows, allowing companies to streamline processes and optimize performance.

Communicate Clearly with Stakeholders

A well-documented statutory audit report serves as a transparent communication tool, ensuring that shareholders, board members, and regulatory authorities have accurate financial insights into your business.

Statutory Audit Process – Simplified and Streamlined

Initial Consultation & Objective Setting

Planning & Preparation

We begin with a client meeting to understand the business, followed by a review of past audits and gathering necessary financial documents. We then define the audit scope to focus on the key areas.

Engagement & Planning

Risk Assessment

We assess risks tied to financial statements and internal controls, determine materiality, and evaluate the effectiveness of existing internal controls.

Data Collection & Evidence Gathering

Audit Strategy

Our team develops an audit plan, allocating resources based on expertise needed and project complexity.

Financial & Fraud Analysis

Fieldwork & Execution

We conduct internal control testing, substantive testing on transactions, and ensure assets and liabilities are accurate. Compliance with tax laws and regulations is thoroughly checked.

Documentation & Legal Compliance

Evaluation of Findings

We analyze results, discuss findings with management, and ensure all legal and regulatory compliance is met.

Reporting & Recommendations

Audit Report Preparation

We draft a comprehensive report, outlining findings, recommendations, and a management letter for internal improvements.

Legal Proceedings & Court Representation

Presentation & Conclusion

We present the final report to management, discuss corrective actions, and file the report with relevant regulatory bodies if required.

Follow-Up & Risk Mitigation

Post-Audit Follow-Up

We assist with implementing recommended changes and provide ongoing support for continued compliance and financial health.

Documents Required for Statutory Audit

Financial Documents

These documents are essential for assessing a company’s financial health and ensuring accurate reporting:

Operational Records

These records focus on daily business activities and internal operations:

Tax Records

Tax-related documents ensure compliance with local and federal regulations:

Why Settle for Less When You Can Have Precision, Expertise, and Trust?

Selecting the right audit firm is more than a regulatory requirement; it is a strategic decision. We deliver audits that strengthen compliance, minimize financial risks, and build investor confidence with precision and expertise.
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What Our Clients Say

Discover what our valued clients have to say about our professional services. Their trust and satisfaction reflect our commitment to excellence and reliability.

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5.0
Based on 14 reviews
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09:17 18 Feb 25
Quality service, fast and very professional attitude. 100 % recommended.
CAPITAL PLUS provided excellent service—professional, detail-oriented, and always on time. Their insights and reliability make them highly recommended!
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07:17 03 Feb 25
I had an excellent experience with Capital Plus Auditing of Accounts when incorporating my company in Dubai. From the very first contact, the team demonstrated a high level of professionalism, efficiency, and transparency throughout the entire process.I especially want to thank Zeeshan Ahmed, who assisted me every step of the way with patience and clarity. He was always available to answer my questions and ensured that everything was handled smoothly. Thanks to his support, I was able to obtain my business license and residence permit without any complications or unnecessary delays.I highly recommend their services to anyone looking to establish a business in Dubai. They are reliable, efficient, and provide comprehensive support. Five stars without a doubt!
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07:27 22 Jan 25
Capital Plus Auditing firm is a highly a professional company. They operate with ethics and integrity. Throughout our dealings with them, they were always prompt, kept us informed on progress, and never failed to answer any of our queries whether by phone call or message.I would highly recommend them to any company as they are an added asset to any organization.
The audit was clear and efficient, providing helpful insights and recommendations. It highlighted areas for improvement and confirmed our strengths. A valuable process overall.
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Frequently Asked Questions

A statutory audit is typically required annually, depending on the type of business entity and its regulatory requirements. Some companies may also conduct interim audits for better financial oversight.

While statutory audits are mandatory for public joint-stock companies, financial institutions, and certain free zone companies, other businesses may also require them based on shareholder agreements, lender requirements, or internal governance policies.

Failure to conduct a statutory audit can result in penalties, fines, business license suspension, and difficulties in obtaining financing or attracting investors.

No, statutory audits must be conducted by an independent, licensed audit firm registered with the relevant UAE authorities. The firm should comply with UAE laws and International Financial Reporting Standards (IFRS).

The duration of an audit depends on the complexity of the business, the size of financial records, and the responsiveness of the company. Generally, it can take anywhere from a few weeks to a couple of months.

A statutory audit is a legally required financial review by an independent auditor, focusing on compliance and financial accuracy. An internal audit, on the other hand, is an internal review conducted to improve processes, risk management, and operational efficiency.

Yes, statutory audits help identify inconsistencies, financial misstatements, and potential fraud. However, their primary goal is to ensure compliance and financial accuracy rather than serve as a forensic audit.

Yes, many free zones in the UAE, such as DMCC, JAFZA, and DAFZA, mandate statutory audits for license renewal and regulatory compliance. The exact requirements vary by free zone authority.

Contact with us

Phone

+971567396770

Email

info@capitalplusauditing.ae

Address

Office 605, Parklane Tower - Business Bay - Dubai

Business Hours

Monday to Friday: 9:00 AM – 6:00 PM
Saturday: 9:00 AM–2:00 PM

Capital Plust Auditing of Accounts provides services in following free zone

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