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.
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:
The core audit obligations for Dubai Textile City 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. SKM International is an approved auditor for Dubai Textile City — and our standing can be confirmed directly with the free zone.
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.
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.
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.
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.
What separates SKM from a generic audit firm — the registration, the credentials, and the team behind every Textile City engagement.
Four phases, mapped to the Textile City 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, an approved auditor is also needed for the liquidation. As licensed liquidators, we handle company closure end to end.
The questions Textile City companies ask most before engaging an approved auditor. Need something specific? Speak to our team.
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.
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.
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.
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.
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.
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.
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.
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.
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