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Approved Auditor for Dubai Textile City

Dubai Textile City Approved Auditors — Textile Free Zone

SKM International is an approved auditor for Dubai Textile City, the emirate's specialised free zone for the textile and garment trade. We prepare IFRS-compliant audited financial statements for Textile City companies, ready for your annual trade-licence renewal — delivered by a Big Four-experienced team that has served the UAE since 2006.

Reporting Standards
IFRS ISA
Big Four Experience
KPMG Dubai Deloitte Dubai EY Saudi
Dubai Textile City is the emirate’s textile trade hub — we audit fabric importers, garment manufacturers, textile traders and re-export companies.
Approved
Auditor for Dubai Textile City
IFRS
Reporting Standard
2,500+
UAE Audits Delivered
2006
Serving the UAE Since
Textile City Audit

Approved Auditors for Dubai Textile City Companies

Companies licensed in Dubai Textile City are required to keep audited financial statements, prepared by an approved auditor, for their annual licence renewal. SKM International is an approved auditor for Dubai Textile City, with a Big Four-experienced team and close to two decades auditing UAE businesses.

SKM International is an approved auditor for Dubai Textile City — the emirate's specialised free zone for the textile and garment trade, in the Al Awir area near International City. We are authorised to audit and sign off the accounts of Textile City 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.

Dubai Textile City is a joint venture between TEXMAS (the textile merchants' group) and the Ports, Customs & Free Zone Corporation, built as a dedicated hub for fabric and garment trading, warehousing and re-export. Here is what the audit requirement means for a Textile City company, at a glance:

  • Who must audit: companies licensed in Dubai Textile City are generally required to have their annual financial statements audited.
  • Approved auditor: the audit must be carried out by an approved auditor — SKM International is approved for Dubai Textile City.
  • Standard: financial statements prepared to IFRS, audited to International Standards on Auditing (ISA).
  • Deadline: audited statements are required for your annual trade-licence renewal — we confirm your exact filing date and make sure you meet it.
  • Compliance: the audit also supports your Corporate Tax filing and, depending on your activity, your status as a Qualifying Free Zone Person.
  • We handle it end to end: fabric importers, garment manufacturers, textile traders and re-export businesses — with your renewal timeline confirmed to you in writing.
Textile City Audit Requirements

What Dubai Textile City Requires From Companies

The core audit obligations for Dubai Textile City companies. Get any one of these wrong and your trade-licence renewal can be held up.

Annual Audited Financials
Companies licensed in Dubai Textile City are generally required to prepare and submit audited financial statements for every financial year, in line with the rules of the free zone.
IFRS-Compliant Statements
Financial statements must be prepared in line with IFRS and audited to International Standards on Auditing (ISA) — balance sheet, income statement, cash flow and notes to the accounts.
Approved Auditor Only
The audit must be carried out by an approved auditor. SKM International is approved for Dubai Textile City and accepted for its company audits.
Corporate Tax & QFZP
Audited accounts support your UAE Corporate Tax filing and, depending on your activity, your status as a Qualifying Free Zone Person — relevant for textile traders and re-export businesses.
Renewal-Linked Deadline
Audited statements must be ready after your financial year-end, in time for your annual trade-licence renewal. Exact filing windows differ by company — miss the window and renewal stalls, so we track your date and prepare early.
Consequences of Late Filing
The audited financial statements are tied to your annual trade-licence renewal — without a compliant audit report, the free zone will not process renewal, and late submission can expose the company to administrative penalties. The fix is simple: start early, and we track your renewal date for you.
Approved & Verifiable

SKM International — Approved Auditor for Dubai Textile City

Always confirm a firm is approved before you engage it. SKM International is an approved auditor for Dubai Textile City — and our standing can be confirmed directly with the free zone.

How to verify a Dubai Textile City auditor

Audits for Dubai Textile City companies must be carried out by an approved auditor. SKM International is an approved auditor for Dubai Textile City. You can confirm any firm's standing directly with the free zone before engaging it, and SKM International is happy to confirm its approval. Our details are below.

Firm NameSKM International — Chartered Accountants
StatusApproved for Dubai Textile City
ReportingIFRS · ISA

We are also approved across most other major UAE free zones — so if your group spans more than one zone, you deal with one firm for all your audit filings. 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, from engagement to submission.

Get a Fair, Fixed-Fee Textile City Audit Quote

Textile City 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.

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

Documents Required for Your Textile City Audit

Having these ready before fieldwork begins is the single biggest factor in a fast, query-free Textile City 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

Approved. Big Four Pedigree. On Time.

What separates SKM from a generic audit firm — the registration, the credentials, and the team behind every Textile City engagement.

Approved for Textile City
SKM International is an approved auditor for Dubai Textile City, authorised to audit and sign off the accounts of companies licensed in the free zone.
Big Four Background
Managing Partner CA Sushil Malhotra: FCA, CIA (USA), CISI (UK) — with multinational audit experience from KPMG, Ernst & Young and Deloitte.
Trading Sector Knowledge
Textile City is built for fabric and garment trading, warehousing and re-export. We understand inventory and stock valuation, import/export flows, and intercompany balances in exactly these trading structures.
Filed On Time
We track your Textile City licence-renewal timeline, agree a schedule in writing, and get the audited statements ready in time for submission and renewal — every year.
Our Process

How a Textile City Audit Works With SKM

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

1
Engagement & Deadline Check
Free consultation. We confirm your financial year-end and licence-renewal date, calculate your filing timeline, 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 Textile City-specific risk areas — online revenue, settlements and inventory.
3
Audit & IFRS Statements
Substantive testing and review to ISA standards. We prepare your IFRS-compliant financial statements ready for approval and the auditor's opinion.
4
Sign-Off & Submission Support
Signed audit report delivered, and we support submission to the Authority in good time for your licence renewal so it proceeds without queries.

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.

DMCC JAFZA DAFZA DSO Hamriyah (HFZA) RAKEZ Dubai CommerCity Dubai Textile City (this page)

Closing a Dubai Textile City Company?

If you are winding up rather than renewing, an approved auditor is also needed for the liquidation. As licensed liquidators, we handle company closure end to end.

FAQs

Dubai Textile City Audit — Common Questions

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

What is a Dubai Textile City approved auditor?

A Dubai Textile City approved auditor is an audit firm approved by the free zone to audit the financial statements of companies licensed in Dubai Textile City. The audit must be carried out by an approved audit firm holding a valid UAE audit licence, qualified partners and proven audit experience. SKM International is an approved auditor for Dubai Textile City.

Is SKM International approved for Dubai Textile City?

Yes. SKM International is an approved auditor for Dubai Textile City. We are authorised to audit and sign off the financial statements of Textile City companies and to support submission to the free zone. You can confirm any firm's standing directly with Dubai Textile City.

Which companies in Dubai Textile City need an audit?

Every company licensed in Dubai Textile City is required to prepare audited financial statements for each financial year, prepared to IFRS and audited to International Standards on Auditing (ISA). This applies across fabric importers, garment manufacturers, textile traders and re-export businesses. Send us your trade licence and we will confirm in writing what your company needs to do.

What is the Dubai Textile City audit deadline?

Audited financial statements are required after your financial year-end, in time for your annual trade-licence renewal. Exact filing windows differ by company, so rather than rely on a generic figure, we confirm your precise date with you and recommend starting the audit 2–3 months before the deadline so there is time for approval and submission.

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

In most cases, yes. Dubai Textile City requires audited financial statements for every financial year for companies licensed 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.

What happens if my Textile City company misses the audit deadline?

For a Dubai Textile City company, the audited financial statements are tied to your annual trade-licence renewal — without a compliant audit report, the Authority will not process your renewal, which in turn can hold up visa processing, banking and other approvals. Late or missing submissions can also expose the company to administrative penalties. The simplest way to avoid all of this is to start the audit early — we track your renewal date and make sure your report is ready in good time, and confirm the current requirements and any applicable deadlines with you for your specific licence.

How do I verify a Dubai Textile City auditor?

Contact Dubai Textile City directly, or ask the firm to confirm it is an approved auditor for the free zone, before you engage anyone. Textile City company accounts must be signed off by an approved auditor, so it is worth checking first. SKM International is approved and happy to confirm its standing.

How much does a Dubai Textile City audit cost?

Textile City 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.

Need an Approved Dubai Textile City Auditor? Let's Talk.

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