Meydan Free Zone requires licensees to submit audited financial statements as part of annual licence renewal, and expects that audit to come from a recognised, approved auditor. VAT Accounting UAE holds approved status with Meydan Free Zone, so companies licensed there can appoint us directly and be confident the audit will be accepted without delay at renewal.
What's Included
We conduct your statutory audit against Meydan’s requirements, prepare the audited financial statements in Meydan’s expected format, and manage submission through Meydan’s designated process, tracking the filing through to confirmation.
Meydan licenses a wide range of business activities, from e-commerce and consulting to trading, and we scope each audit to the specific transaction patterns of your activity rather than a one-size-fits-all approach.
We also keep track of any changes Meydan makes to its audit submission process, so returning clients are never caught out by a procedural change from one renewal to the next.
Why an Approved Meydan Auditor Matters
Meydan expects audited financial statements from a recognised auditor, and an unfamiliar or unapproved firm risks delay at the exact moment your licence renewal has a deadline attached. Our approved status and direct experience with Meydan’s process removes that uncertainty.
Because Meydan is a comparatively newer and fast-growing free zone with a large share of digital and service-based businesses, we bring specific experience auditing the revenue-recognition and contractor-cost patterns common to those business models.
Holding your prior year’s working papers on file from an earlier engagement also tends to make each subsequent Meydan audit noticeably faster to complete than the first.
Who Needs This Service
Any Meydan Free Zone-licensed company approaching its annual renewal, and companies newly licensed in Meydan preparing for their first statutory audit.
What We'll Need From You
Your Meydan trade licence, prior year audit report if applicable, and your accounting records for the financial year.
Our Process
We conduct the audit against your records, prepare the Meydan-format audited financial statements, and submit through Meydan’s designated process, resolving any queries until the filing is confirmed.
Getting Started
Share your Meydan trade licence and renewal date, and we will confirm your exact submission deadline and begin the audit straight away.
If you already have a renewal date in mind, mentioning it upfront helps us prioritise your engagement correctly against our other Meydan clients’ deadlines that same period.
Meydan Company Types We Audit
Meydan’s licensee base leans heavily toward e-commerce, consulting, digital marketing and other services businesses, often with straightforward balance sheets but revenue recognition and contractor-cost patterns that need careful testing. We tailor our audit programme to these patterns rather than applying an approach built for asset-heavy trading companies.
Whatever category your Meydan licence falls under, we confirm the applicable audit scope with you before quoting, so the fee reflects your actual business rather than a generic assumption.
Working Alongside Your Meydan Company Secretary or PRO
Where your Meydan renewal is being coordinated by a company secretary, PRO or corporate services provider, we work directly with them to keep the audit timeline aligned with the rest of your renewal paperwork.
Meydan Audit Timeline and Deadlines
Meydan ties its audit submission requirement to your licence renewal date, and we plan the engagement backward from that deadline, giving enough time to resolve any records gap before your renewal window closes.
Meydan Audits for Consulting and Freelance-Style Businesses
A large share of Meydan licensees operate as small consulting or digital-services businesses, sometimes with a single shareholder handling most of the operational work themselves. We keep the audit proportionate to that simplicity, focusing testing on revenue recognition and expense classification rather than imposing an unnecessarily heavy process.
Meydan Audits for Group and Multi-Entity Structures
Where a Meydan entity operates as part of a wider group, including entities in other UAE free zones or overseas, we test intercompany transactions and balances specifically, ensuring disclosures meet Meydan’s expected format for the audited financial statements.
Switching to Us for Your Meydan Audit
If your current auditor is not recognised by Meydan, or you simply want a firm with more direct Meydan experience, switching is straightforward — we request the standard handover information from your outgoing auditor and can typically begin as soon as records are available.
Meydan Audit Fees
Meydan audit fees are quoted as a fixed amount based on your entity’s size, revenue and record quality, agreed with you before work begins so there are no surprises once the engagement starts.
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Frequently Asked Questions
Yes — VAT Accounting UAE holds approved-auditor status with Meydan Free Zone and can confirm this directly to you before appointment.
Yes — we regularly audit Meydan-licensed e-commerce, consulting and digital services businesses and understand their typical revenue and cost patterns.
Yes — we manage submission through Meydan’s designated channel and track it through to confirmation.
A late submission can delay your Meydan licence renewal, so we recommend starting well ahead of your renewal window.
A straightforward Meydan company audit is typically completed within one to two weeks of receiving complete records.