Home Audit & Assurance DMCC Approved Auditors
DMCC Approved Auditors Panel (AAL)

DMCC Approved Audit Firm in Dubai — SKM International

SKM International is on the official DMCC Approved Auditors List (account no. 148679). We prepare IFRS-compliant audited financial statements for DMCC member companies in Jumeirah Lake Towers (JLT) and support submission through the DMCC Member Portal — a Big Four-experienced team that has audited DMCC companies since 2007 and held panel approval since the list was introduced in 2017.

Reporting Standards
IFRS ISA
Big Four Experience
KPMG Dubai Deloitte Dubai EY Saudi
DMCC is a high-volume trading hub — we know commodities, trading and holding-company audits inside out.
148679
DMCC List Account No.
2017
On the Panel Since Inception
2,500+
UAE Audits Delivered
15+
Years Auditing DMCC
DMCC Audit

DMCC Approved Auditors for JLT Member Companies

Every DMCC member company must file audited financial statements each year. The audit can only be signed by a firm on DMCC's Approved Auditors List — SKM is on that panel.

The Dubai Multi Commodities Centre (DMCC) is the UAE's largest free zone, based in Jumeirah Lake Towers (JLT) and home to over 25,000 member companies across commodities, trading, services and holding structures. Under the DMCCA Company Regulations 2024 (Amended), every DMCC company must prepare annual financial statements and have them audited by a firm on the DMCC Approved Auditors List. A report signed by a firm that is not on the panel will not be accepted by the Authority.

SKM International is on the official DMCC Approved Auditors List under account number 148679, and has been on the panel since it was introduced in 2017 — while auditing DMCC member companies since 2007, well before the formal list existed. Our practice is led by Managing Partner CA Sushil Malhotra (FCA, CIA-USA, CISI-UK), with Big Four experience at KPMG and Deloitte in Dubai and Ernst & Young in Saudi Arabia. We prepare your audited financial statements to IFRS, conducted to International Standards on Auditing (ISA), in the DMCC summary-sheet format — and support your upload through the DMCC Member Portal so your Certificate of Compliance issues without queries.

DMCC audits have their own rhythm: the accounts must be approved by the company's directors, then the audited statements submitted through the Member Portal within the window DMCC sets. New companies and those with zero turnover are not exempt — a NIL or dormant company still has to file, unless it qualifies under the narrow dormant-entity provisions in the regulations. We handle the full audit cycle for trading companies, single-owner FZCOs, branch structures and JLT holding companies — and we flag the current year's deadline to you in writing the moment we are engaged.

DMCC Audit Requirements

What DMCC Requires From Member Companies

The core obligations under the DMCCA Company Regulations. Get any one of these wrong and your Certificate of Compliance is held up.

Annual Audited Financials
Every DMCC company must prepare and submit audited financial statements every year — including new companies and those with nil turnover, unless they meet the narrow dormant-entity exemption.
IFRS-Compliant Statements
Financial statements must be prepared in line with IFRS and presented in the DMCC summary-sheet format — a balance sheet, profit & loss, cash flow and notes to the accounts.
Approved Auditor Only
The audit must be signed by a firm on the DMCC Approved Auditors List (AAL). Reports from non-approved firms are rejected — wasting both time and fees.
Approval at General Meeting
Under the regulations the accounts are approved by the shareholders, and the audited statements are then submitted through the portal within the timeframe DMCC specifies.
Member Portal Submission
The full package is uploaded via the DMCC Member Portal. Completing the audit but forgetting to upload before the deadline still counts as non-compliance.
Penalties for Late Filing
Missing the deadline can lead to fines, licence-renewal restrictions and, in serious cases, the company being struck off the DMCC register. The fix is simple: start early.
On the Official List

SKM International on the DMCC Approved Auditors List

Always confirm any firm is approved before you engage them. Here is how to check ours — and the publicly circulating PDF lists are often years out of date, so verify the current source.

How to verify a DMCC approved auditor

The DMCC Approved Auditors List is maintained by the DMCC Authority under the Approved Auditor Rules. Only firms on this list — assessed by the DMCC Approved Auditor Advisory Panel — may sign off a DMCC company's accounts. You can confirm any firm by searching its name on the official DMCC Approved Auditors directory; SKM International appears under the details below.

Listed NameSKM International — Chartered Accountants
Account Number148679
On the Panel Since2017 (inception)

Choosing a DMCC approved auditor rather than browsing a list of dozens? Speak to us first — we'll confirm your audit scope and the current deadline, and quote a fixed fee based on your turnover and transaction volume, so you deal with one approved firm from engagement to Certificate of Compliance.

Get a Fixed-Fee DMCC Audit Quote

DMCC audit fees depend on your turnover and transaction volume — so we quote a fixed fee upfront, with no surprises. Send your trade licence and last year's accounts and we'll come back with a clear price and timeline, usually the same business day. No obligation.

Call +971 55 278 9460 Mon–Fri 9–6:30 · Sat 9–3
What to Prepare

Documents Required for Your DMCC Audit

Having these ready before fieldwork begins is the single biggest factor in a fast, query-free DMCC audit. We'll send a tailored checklist when you engage us.

Trade licence (current copy)
Memorandum of Association (MOA) & certificate of registration
Share certificate(s)
Lease / tenancy agreement for the audit period
Trial balance, profit & loss and balance sheet
Bank statements for all accounts, full period
Previous year's audit report (if any)
Passport copy of shareholder / manager
Why SKM

DMCC Approved. Big Four Pedigree. On Time.

What separates SKM from a generic JLT audit firm — the panel approval, the credentials, and the team behind every DMCC engagement.

On the DMCC Panel
SKM is on the DMCC Approved Auditors List — authorised to audit and sign off the accounts of DMCC member companies. No risk of a rejected report.
Big Four Background
Managing Partner CA Sushil Malhotra: FCA, CIA (USA), CISI (UK) — with multinational audit experience from KPMG, Ernst & Young and Deloitte.
DMCC Trading Expertise
JLT is built on commodities, trading and holding companies. We understand stock, intercompany balances and revenue recognition in exactly these structures.
Filed On Time
We track your DMCC deadline, agree a timeline in writing, and get the audited statements ready in time for portal submission — every year.
Our Process

How a DMCC Audit Works With SKM

Four phases, mapped to the DMCC filing cycle. Clear deliverables at each step.

1
Engagement & Deadline Check
Free consultation. We confirm your financial year-end, check the current DMCC portal deadline, and issue a written engagement letter and fee before any work starts.
2
Records & Planning
We request your trade licence, ledgers, bank statements and supporting documents, then plan the audit around your DMCC-specific risk areas — stock, intercompany and revenue.
3
Audit & IFRS Statements
Substantive testing and review to ISA standards. We prepare your IFRS-compliant financial statements in the DMCC summary format, ready for shareholder approval.
4
Sign-Off & Portal Support
Signed audit report delivered, and we support your upload to the DMCC Member Portal so your Certificate of Compliance issues without queries or callbacks.

Approved Across Other UAE Free Zones Too

Companies in more than one zone? We are on the approved auditor panels for these Free Zones as well — one firm for all your UAE audit filings.

FAQs

DMCC Audit — Common Questions

The questions DMCC member companies ask most before engaging an approved auditor. Need something specific? Speak to our team.

What is a DMCC approved auditor?

A DMCC approved auditor is an audit firm authorised by the Dubai Multi Commodities Centre Authority to conduct the statutory audits of DMCC member companies. Approval requires registration on the DMCC Approved Auditors List, assessed by the DMCC Approved Auditor Advisory Panel under the Approved Auditor Rules. Only a firm on this list may examine and sign off a DMCC company's annual financial statements — a report from any other firm will not be accepted by the Authority.

How does a firm get on the DMCC approved auditors list?

An audit firm must apply to DMCC under the Approved Auditor Rules and meet the Authority's criteria — including a valid UAE auditing licence, qualified partners and evidence of audit experience. The DMCC Approved Auditor Advisory Panel assesses each application, and once approved the firm is published on the list and must renew annually. SKM International has been on the list since it was introduced in 2017.

Is SKM International on the DMCC Approved Auditors List?

Yes. SKM International is on the official DMCC Approved Auditors List under account number 148679, listed as "SKM International - Chartered Accountants." We are authorised to conduct statutory audits for DMCC member companies and to support submission through the DMCC Member Portal, and have held panel approval since the list was introduced in 2017. You can confirm any firm's status on the official DMCC approved auditor directory.

What is the DMCC audit deadline?

The DMCC submission deadline is typically 30 June each year, but DMCC has extended it in some years — for example, the FY2024 deadline was moved to 30 September. Because the date can change, always confirm the current year's deadline on the DMCC Member Portal. We recommend starting your audit 8–10 weeks before the deadline so there is time for shareholder approval and portal upload.

Does a new or zero-turnover DMCC company still need an audit?

In most cases, yes. DMCC requires audited financial statements annually even for newly formed companies and those with nil turnover. There are narrow dormant-entity provisions in the DMCCA Company Regulations, but they do not apply to most trading companies. Send us your trade licence and we will confirm in writing whether yours needs to file.

What happens if my DMCC company misses the audit deadline?

Late submission can result in financial penalties, restrictions on your trade licence renewal and, in serious cases, the company being struck off the DMCC register. Completing the audit but failing to upload it to the Member Portal before the deadline still counts as non-compliance — which is why we manage the timeline and the upload with you.

How do I verify an auditor is on the DMCC approved list?

Log in to the DMCC Member Portal and search the approved auditor directory, or contact the DMCC Authority helpdesk directly. Only firms on the DMCC Approved Auditors List can sign off DMCC company accounts, so it is worth checking before you engage any firm. SKM International's name can be confirmed on the official AAL.

How much does a DMCC audit cost?

DMCC audit fees depend on the size and complexity of your company's financials — turnover, number of transactions, group structure and the state of your records all matter. We provide a tailored, transparent fee proposal up front, with no surprises. Send us your trade licence and last year's accounts for a quote.

Need a DMCC Approved Auditor? Let's Talk.

Mon–Fri 9:00AM–6:30PM  |  Sat 9:00AM–3:00PM  |  Office 102, Al Tawhidi Building, Al Mankhool, Dubai UAE