IFZA Financial Statement Requirement

Starting 30 September 2025, submission of the most recent Audited Financial Statements (AFS) will be mandatory for IFZA license renewals, per Administrative Resolution No. 001/2025.

Exception
IFZA companies may submit non-audited Financial Statements (FS) if they meet both of the following:
1.⁠ ⁠Annual turnover is AED 3 million or less, and
2.⁠ ⁠⁠Nine or fewer employees at any time during the financial year.
If either condition is not met, AFS is required. Any UAE-registered auditor may prepare the AFS.

Note: Both AFS and FS must be signed by an authorized signatory (Manager, Director, or Shareholder).
Need assistance preparing your Financial Statements? Our team is here to help – get in touch today to ensure a smooth renewal process.

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