Special Purpose Audit

Special Purpose Audit Services in Dubai,UAE

When accuracy matters and compliance is critical—choose AEY Auditing’s Special Purpose Audit services in Dubai. In today’s complex regulatory landscape, standard audits may not always meet specific business needs. That’s where Special Purpose Audit engagements come in. Whether it’s for FTA VAT audits, Free Zone license renewals, grant validations, or merger due diligence, AEY Auditing delivers tailored, focused audit reports designed for a defined purpose and audience.

What is a Special Purpose Audit?

A Special Purpose Audit is a non-statutory audit conducted to address a specific stakeholder requirement. Unlike statutory financial audits, this audit is:

Conducted under a defined scope agreed with the client

Tailored for a particular event, regulation, or entity

Delivered in a custom format with exact findings, confirmations, and disclosures

We execute these audits in line with International Standards on Auditing (ISA 800/805) and ensure all reports are UAE-compliant and regulator-ready.

When Does Your Business Need a Special Purpose Audit in the UAE?

Scenario

Purpose of Audit

FTA VAT Investigations

To verify the accuracy of VAT records before or after FTA assessments

Free Zone License Renewals

Some Free Zones mandate specific reports outside general audits

Investor/Partner Due Diligence

Validate contracts, capital contributions, receivables, assets

Bank or Loan Requirements

Financial snapshot or collateral verification as per lender’s format

Government Grant/Subsidy Audits

Confirm milestone delivery and fund usage

Liquidation or Exit Audit

Audited closure accounts for compliance and distribution of assets

Project-Based Financial Audits

Evaluate cost allocation and fund usage in large-scale projects

M&A Transactions

Validate transaction-specific metrics, liabilities, or revenue streams

Types of Special Purpose Audit Services We Offer

AEY Auditing of Accounts offers diverse audit solutions tailored to your specific objective:

🔹 FTA VAT-Focused Audit

Examine VAT returns, invoice accuracy, and tax codes

Prepare for FTA audits or disputes

🔹 Free Zone Compliance Audit

DMCC, DAFZA, DIFC, RAKEZ, ADGM-ready reports

Confirm legal structure, shareholding, and compliance clauses

🔹 Capital Confirmation Reports

Verify capital injection, partner contributions, or escrow movement

Used in JAFZA, IFZA, or Abu Dhabi business setups

🔹 Financial Snapshot for Bank Loans

Provide interim financials as per banking covenants

May include inventory valuations, receivables aging, and net worth confirmation

🔹 Exit or Liquidation Audit

Audit for voluntary liquidation filings

Align with DED, MOE, and Free Zone liquidation processes

Our Special Purpose Audit Process

1. Understanding the Objective

Clarify what’s required: format, timelines, audience

Distinguish between financial audit vs. specific confirmation

2. Scoping & Planning

Determine data sources and stakeholders

Define methodology: sample testing, confirmations, reconciliations

3. Fieldwork & Testing

Conduct targeted audit procedures

Interview relevant departments

Review controls, documents, ledgers

4. Reporting

Deliver clean, clear, and factual audit reports

Incorporate auditor’s opinion or qualified confirmation as needed

5. Post-Audit Support

Support with submission to FTA, Free Zone authorities, or lenders

Provide ongoing consulting if further verification is required

Transparent Pricing for Special Purpose Audit Services

Audit Type

Starting Fee (AED)

Timeline

FTA VAT Audit

4,500 AED

5–7 working days

Capital Verification

3,500 AED

3–5 working days

Liquidation Audit

5,000 AED

7–10 working days

Bank Loan Snapshot

4,000 AED

3–6 working days

Grant Verification

Custom

Scope-Based

Note: Custom quotes available for complex or multi-entity audit engagements.

Industries We Serve

Healthcare & Pharmaceuticals

Construction & Real Estate

Tech & E-commerce

Retail & Distribution

Hospitality & Tourism

Education & Government Grants

Family-Owned Businesses & Groups

Why Choose AEY Auditing for Special Purpose Audit in Dubai?

Feature

AEY Advantage

Licensed in Dubai & UAE

Registered with UAE regulatory authorities

Industry Expertise

Experience across real estate, healthcare, trading, logistics, tech

IFRS & ISA Standards

Reports issued in line with international audit standards

FTA & Free Zone Familiarity

Understand local authority formats and documentation needs

Fast Turnaround

Agile audits with detailed planning and streamlined delivery

Custom Reporting

Formats aligned with bank, investor, or government templates

Free Zones

We are approved auditors by the following UAE free zones

Get Started with us today

Your business is special. Let us calculate your dreams

FAQs on Special Purpose Audit in the UAE

No. A statutory audit reviews full financials and issues an overall opinion. A special purpose audit is narrow in scope, often focused on a single issue or requirement.

Yes, many Free Zones require or accept custom reports for compliance, license renewal, or capital verification.

Yes, when properly scoped, a special purpose audit can serve as supporting documentation for VAT or tax inspections.

Depending on complexity, most special purpose audits are delivered within 3 to 10 business days.
Absolutely. AEY’s audit reports are aligned with international standards and valid for UAE submissions.