# Is an audit mandatory for my UAE company?

> For corporate tax, UAE businesses need audited financial statements if revenue exceeds AED 50 million or they want the 0% Qualifying Free Zone Person rate. Separately, many free zones and some licensing authorities require an annual audit for licence renewal regardless of size.

Interactive calculator: https://www.countify.ae/tools/audit-requirement-checker · Updated 2026-10-14 · Countify UAE

## When an audit is required

Mainland company, not a QFZP.

| Revenue | Audited financial statements required |
| --- | --- |
| AED 8,000,000 | No |
| AED 50,000,000 | No |
| AED 60,000,000 | Yes |

Free zone licence rules often require an audit at any size.

## The rules

Ministerial Decision No. 82 of 2023 requires audited financial statements for corporate tax from businesses with revenue above AED 50 million in the tax period and from all Qualifying Free Zone Persons. Free zone regulations (for example DMCC, JAFZA, DAFZA, RAKEZ) often require audited accounts every year, and banks and investors frequently ask for them too.

## Preparing for the audit

Auditors need reconciled books and IFRS financial statements. Our [audit preparation service](https://www.countify.ae/services/audit-preparation) gets everything ready so the audit runs on time and you avoid a qualified opinion, which could put QFZP status at risk.

## Legal basis

- Ministerial Decision No. 82 of 2023 on audited financial statements (https://mof.gov.ae/corporate-tax/)

## Frequently asked questions

### Is audit mandatory for mainland companies in the UAE?

For corporate tax, only above AED 50 million of revenue. Some mainland authorities and banks still require audited accounts.

### Do all free zone companies need an audit?

Qualifying Free Zone Persons do for corporate tax, and many free zones require it for licence renewal anyway.