Approved Auditors in Dubai Humanitarian (DH)

Dubai Humanitarian (DH, formerly known as International Humanitarian City) is Dubai Humanitarian is the only non-profit, independent, humanitarian free-zone Authority hosting a community of around 80 members dedicated to helping humanity across the globe. They provide Warehouses, Offices, Showrooms & Open Yard facilities. In order for your humanitarian business to keep on providing to others, proper auditing is required.

–	Why is Auditing in DH required?
–	Requirements to hire an Auditor in DH
–	Documents required by an Auditor in DH
–	Documents required for Auditing Services in JAFZA
–	How can Mubarak Al Ketbi Chartered Accountants help you in Auditing your DH Company?

Why is Auditing required in Dubai Humanitarian?

All businesses in the UAE, even non-profit organisations, require accounting. It allows the organisations to see how many expenses have accumulated, how much money gained from sponsors & donors, if there is enough money left and can the business continue operations. However, it is very likely that mistakes can occur during the accounting process. This can be detrimental, as this may lead to a skewed financial image of the company. Auditing fixes these problems by detecting & removing errors from the accounting, ensuring a pure viewpoint of the company’s finance.

Requirements to hire an Auditor in Dubai Humanitarian:

When selecting an auditor, keep an eye out for these two requirements:

1.	Auditing must be done externally. While auditing needs to be completed externally by a different business, accounting may be completed both internally and outside (that is, from the finance department). This is due to the fact that auditing is a sophisticated area of accounting that needs formal education and certification.
2.	The free zone must approve this auditor. The auditor needs to be on the “approved auditors list” maintained by the Dubai Humanitarian Authority. Mubarak Al Ketbi Chartered Accountants is authorised by the DH Authority to audit your DH Company!

How can Mubarak Al Ketbi Chartered Accountants help you in Auditing your Dubai Humanitarian Company?

The auditing process can be quite difficult and must be done from an external auditor. This means that you must hire a quality auditor instead of hiring a cheaper one to save costs. One of the top auditing firms in the UAE is Mubarak Al Ketbi Chartered Accountants. We provide services in accounting, auditing, company liquidation, corporate tax & more. We have over 2000+ happy clients & 20+ years of experience working in the UAE. Contact us, and we promise you an excellent experience!

Documents required by an Auditor in Dubai Humanitarian:

The documents required are:

1.	Financial Statements
2.	Bank Statements.
3.	Credit/ debit confirmation for all transactions.
4.	Proof of bills and invoices.
5.	Memorandum of Association (MoA).
6.	Articles of Association (AOA).
7.	Trade License.
8.	Registration Details for VAT and Excise Tax.
9.	Books of Accounts.

Approved Auditors in Dubai Humanitarian (DH)

What’s the first step to get a VARA license in UAE?

The first step is sending a disclosure form to DET or a Freezone Authority, with business plans and documents, and then paying the first half of the fee.

What papers must I have for the VARA license?

You must prepare business certificates, owner lists, proof of capital, management plans, business forecasts, and insurance documents.

Can I start my business after initial approval?

No, you can only set up the company and hire staff. You can’t run any virtual asset activities until you get the VASP license.

How long does the VARA license process take?

The process time depends on how fast you send documents and answer VARA questions, but it usually takes several weeks to months.

How can Mubarak Al Ketbi (MAK) Auditing help my company?

MAK Auditing helps you gather documents, fill out forms, pay fees, and follow VARA rules so your company can run safely and legally.