SKM International is a RAKEZ approved auditor for companies in the Ras Al Khaimah Economic Zone. We prepare IFRS-compliant audited financial statements for RAKEZ companies — free zone and non-free-zone entities alike — and get them ready in good time for your annual trade-licence renewal, so it is never held up. Delivered by a Big Four-experienced team that has audited UAE companies since 2006.
Every company incorporated in RAKEZ must prepare and submit audited financial statements each year — and RAKEZ accepts reports only from firms on its approved auditors list. SKM International is on that list.
SKM International is a RAKEZ approved auditor — on the Ras Al Khaimah Economic Zone Authority's approved list, and authorised to audit and sign off the accounts of RAKEZ companies. Led by Managing Partner CA Sushil Malhotra (FCA, CIA-USA, CISI-UK), with Big Four experience at KPMG and Deloitte Dubai and EY Saudi Arabia.
Every company incorporated in RAKEZ must have its annual accounts audited — and RAKEZ accepts a report only from a firm on its approved list. Here is what that means for you, at a glance:
The core audit obligations for Ras Al Khaimah Economic Zone companies. Get any one of these wrong and your trade-licence renewal can be held up.
Always confirm a firm is approved before you engage it. Publicly circulating PDF lists are often years out of date — so verify against the current RAKEZ source.
The RAKEZ approved auditors list is maintained by the Ras Al Khaimah Economic Zone Authority. Only firms assessed and approved by RAKEZ may audit and sign off a RAKEZ company's accounts. You can confirm any firm's status directly with the Authority; SKM International is on the approved list, under the details below.
Choosing between dozens of names on the RAKEZ list? Speak to us first — we'll confirm your audit scope and your licence-renewal timeline, and quote a fair fixed fee based on your turnover and transaction volume, so you deal with one approved firm from engagement to submission.
RAKEZ audit fees depend on your turnover and transaction volume — so we quote a fair 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.
Having these ready before fieldwork begins is the single biggest factor in a fast, query-free RAKEZ audit. We'll send a tailored checklist when you engage us.
What separates SKM from a generic audit firm — the approval, the credentials, and the team behind every RAKEZ engagement.
Four phases, mapped to the RAKEZ filing cycle. Clear deliverables at each step.
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.
If you are winding up rather than renewing, a RAKEZ-approved auditor is also needed for the liquidation. As licensed liquidators, we handle company closure end to end.
The questions RAKEZ companies ask most before engaging an approved auditor. Need something specific? Speak to our team.
A RAKEZ approved auditor is an audit firm authorised by the Ras Al Khaimah Economic Zone Authority to audit the financial statements of companies registered in RAKEZ. Only firms on the RAKEZ approved auditors list may examine and sign off a RAKEZ company's annual accounts — a report from any other firm will not be accepted by the Authority. Approval requires a valid UAE audit licence, qualified partners and proven audit experience.
An audit firm must apply to RAKEZ and meet the Authority's criteria — including a valid UAE auditing licence, qualified and experienced partners, and competence in IFRS and ISA. RAKEZ assesses each application and enrols approved firms on its list under the Authority's implementing regulations. SKM International is on the RAKEZ approved auditors list.
Yes. SKM International is on the RAKEZ approved auditors list, listed as "SKM International — Chartered Accountants." We are authorised to audit and sign off the financial statements of Ras Al Khaimah Economic Zone companies and to support submission to the Authority. You can confirm any firm's status directly with RAKEZ.
RAKEZ companies must have their financial statements audited after each financial year-end, and the audited accounts are required for your annual trade-licence renewal. The exact filing date depends on your licence cycle rather than a single fixed calendar date, so we confirm yours with you. We recommend starting your audit 2–3 months before your renewal so there is time for approval and submission.
In most cases, yes. RAKEZ requires audited financial statements for every financial year for companies incorporated in the zone. The first audit period depends on your incorporation date and the financial year set in your Memorandum of Association. Send us your trade licence and we will confirm in writing what your company needs to do.
Under the RAKEZ Violations Code, failure to submit audited financial statements after completing your financial year means RAKEZ holds the renewed licence and applies a financial fine of AED 2,500, with a 3-month deadline to rectify, followed by suspension of services. RAKEZ will not accept an audit from a non-approved firm either — so using an approved auditor and filing on time both matter. These figures are set by the Authority and can be revised, so we confirm the current position for your company. This is why we manage the timeline and submission with you. (Source: RAKEZ Violations Code, rakez.com — verified June 2026.)
Contact the RAKEZ Authority directly, or ask the firm to confirm its approval, before you engage anyone. Only firms on the RAKEZ approved auditors list can sign off RAKEZ company accounts, so it is worth checking first. SKM International is on the RAKEZ approved list and is happy to confirm its status.
RAKEZ 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 fair, transparent fixed-fee proposal up front, with no surprises. Send us your trade licence and last year's accounts for a quote.
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