Approved auditors
DubaiGoldandDiamondParkAuditor
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 Dubai Gold and Diamond Park Auditor
Licensed by Dubai Multi Commodities Centre. Jewellery manufacturing and retail, gold and diamond trading.
Overview
Auditors registered in Dubai Gold and Diamond Park Auditor
Established by the Government of Dubai, DGDP benefits from a free zone status which encourages direct factory to retail transactions with negligible standards and controls on gold-trade. As a leading investor, business and service destination in the Middle East, DGDP is tagged as an ideal environment for investors with a wide range of support to potential entrepreneurs.
The firm is an approved auditor for several companies within the Dubai Gold and Diamond Park, providing auditing as well as accounting services of businesses situated in this specialized free zone. DGDP: Audited by an approved auditor for financial tracking and compliance with regulations across their jurisdiction of free zone operations.
Transparency and accuracy of your company's financial activities, on the part of registered auditors in Dubai Gold and Diamond Park. You can make sound decisions for future growth with specific understanding of what is happening on your books and financial status of the company by this way Vigor Accounting and Taxation.
Vigor Accounting and Taxation is here for auditing your business to adhere to United Arab Emirates laws and regulations. International cosmetology companies that operate within DGDP have to make sure they deliver accurate financial reports by approved auditors in order for them to take advantage of everything this haute free zone gives.
5,000+
Audits completed
20
Zones approved in
9
years, since 2017
What the zone requires
Three rules that decide your renewal
- 01
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.
- 02
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.
- 03
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. Dubai Gold and Diamond Park Auditor 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.
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 Dubai Gold and Diamond Park Auditor 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.
Plan it
Work out your own dates
When does your licence expire?
Pick the month and we will count the audit back from it. Nothing is sent anywhere.
Choose a month above to see the four dates that matter.
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 an external audit mandatory for companies in Dubai Gold and Diamond Park?
Most free zone licences, including those issued through DGDP, require audited financial statements as a condition of licence renewal. Whether your entity must submit one depends on the specific terms of your licence and the free zone authority's current renewal requirements, which your company secretary or auditor can confirm against your licence file.
02How much does an external audit cost for a DGDP business?
Audit fees depend on transaction volume, the state of your existing records and the complexity of your trade in gold, diamonds or precious stones, so they are quoted after a proposal rather than published as a fixed rate. The only fixed published pricing on this site covers bookkeeping, which starts at AED 599 per month for up to 50 transactions.
03When is the audit report due for DGDP licence renewal?
Audited financial statements are generally required before the licence renewal date each year, though the exact submission window is set by the free zone authority and can vary by licence type. Check your renewal notice or licence terms for the specific date that applies to your business, and arrange the audit well ahead of it.
04What happens if a DGDP company does not submit its audit on time?
A missing or late audit report can hold up licence renewal, since most DGDP entities need audited financial statements as part of that process. The exact consequence depends on the free zone authority's current policy, so a delayed audit should be treated as a renewal risk rather than a minor administrative gap.
05Do gold and diamond dealers in DGDP need to register for goAML?
Dealers in precious metals and stones fall within the designated non-financial businesses and professions category under UAE anti-money laundering rules, so goAML registration generally applies to them. Whether it applies to your specific activity depends on how your licence and trade are classified, which is worth confirming with your compliance adviser.
06What documents does an auditor need from a DGDP business?
An auditor typically needs your trade licence, bank statements, sales and purchase invoices, stock records, VAT returns, payroll records and prior year financial statements. Gold and diamond traders should also expect requests for inventory valuation records and supplier contracts, since stock movement and valuation are usually a key focus of the audit.
Not here? Ask Vigor, and a specialist picks it up from there.
