Approved auditors
DubaiKnowledgeVillage
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 Knowledge Village
Licensed by Dubai Development Authority. Training providers, professional development and human resource companies.
Overview
Auditors registered in Dubai Knowledge Village
Dubai Knowledge Village which was established in 2003; is an education work club where universities and organizations can discuss the genuine working of human learning assets, particularly advanced instruction results professionally wise. An educational-based free zone delivers the world's best education facilities, HR management along with training and personal development. What began as just Knowledge Village has expanded into a multi-block campus with leading companies based out of different blocks on the premise
Vigor Accounting and Taxation was privileged to be appointed as one of the auditors in Dubai Knowledge Village. If this free zone is fully-bound with all business auditors and accountants, we undertake the complete responsibility for better auditing & accounting services. With numerous tax incentives and top-tier facilities available for businesses operating base here, it has become a growth powerhouse. As compared to the other usual free zones of Dubai, Knowledge Village Free zone in Dubai offers extra reliable business services and a strong support system. We deal with audit operations for your business to keep the continual growth and we are approved auditors.
Vigor Accounting and Taxation is a well-known auditing firm in the Dubai Knowledge Village, They have an Expert team of Auditors for providing High-Quality Services. Auditing Services , We offer
For any Company set-up in DKV, Vigor Accounting and Taxation is one of the very few approved auditors who can provide tailor-made solutions to streamline your organization finance & accounting process at an affordable cost.
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. Dubai Knowledge Village 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 Dubai Knowledge Village 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 Dubai Knowledge Village. 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 Dubai Knowledge Village
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 an external audit mandatory for companies in Dubai Knowledge Village?
Yes, most free zone licences, including those issued through Dubai Knowledge Village, require audited financial statements as a condition of licence renewal. Whether the requirement applies to a particular entity depends on its licence type and the specific free zone authority rules, so it is worth checking the renewal conditions attached to your own licence.
02How much does an external audit cost for a Dubai Knowledge Village company?
Audit fees are quoted after a proposal, since cost depends on company size, transaction volume, number of entities and the state of the underlying records. There is no fixed published rate for audit work, unlike our bookkeeping packages, which start at AED 599 per month for up to 50 transactions.
03When do I need to submit the audit report for licence renewal?
The audited financial statements are generally required before the licence renewal date, as part of the renewal application package submitted to the free zone authority. Exact deadlines vary by entity and renewal cycle, so it is best to confirm the specific date with your free zone authority well ahead of expiry.
04What happens if I renew my licence without submitting audited accounts?
Free zone authorities can delay, reject or place conditions on a licence renewal if the required audited financial statements are missing. Consequences vary by authority and case, so it is safer to arrange the audit early rather than close to the renewal deadline.
05Which documents does the auditor need from my company?
Typical requirements include bank statements, the trial balance, general ledger, sales and purchase invoices, contracts, fixed asset details and the prior year audit report if one exists. The exact list depends on the size and activity of the business, and any gaps in bookkeeping usually extend the time needed to complete the audit.
06How long does an external audit usually take?
Timing depends on company size, transaction volume and how complete the accounting records are when the audit begins. A business with organised, up to date bookkeeping can usually move through fieldwork and reporting faster than one where records need to be reconstructed or reconciled first.
Not here? Ask Vigor, and a specialist picks it up from there.
