Meydan Approved Auditors | Audit Report for License Renewal – Starting AED 1,499 | Fastlane
📞 +971 055 127 3479 ✉️ MoE-Registered Auditors 📍 Dubai, UAE
✅ Meydan Approved Auditors

Meydan Approved Auditors —
Audit Report for License Renewal

Fastlane makes Meydan Free Zone audits simple, compliant, and affordable. As MoE-registered approved auditors, we deliver IFRS-compliant audit reports in the exact format required by Meydan — ensuring smooth, penalty-free license renewals.

AED 1,499 — Starting Price, No Hidden Fees
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🏛️ MoE-Registered Auditors 📊 IFRS / UAE FRS Compliant 🏢 1,000+ UAE Businesses Served ⚡ Fast Turnaround 🔒 No Hidden Fees

Who We Are

Meydan Free Zone Approved Auditors

Every company registered in Meydan Free Zone is required to submit audited financial statements to the authority as part of the annual license renewal process. The audit must be conducted by an auditor from Meydan's approved list — a report from an unapproved firm will be rejected, causing delays and potential penalties.

Fastlane Management Consultancy is a Ministry of Economy (MoE) registered audit firm recognised to conduct audits for Meydan Free Zone companies. Our team of experienced auditors understands the exact documentation format, timelines, and compliance requirements specific to Meydan.

We handle everything — from collecting your accounting records to delivering the final signed audit report, ready for submission to Meydan — so you can renew your license without delays.

What Meydan Companies Must Know

  • Audited financial statements are mandatory for all Meydan Free Zone entities
  • The audit must be performed by a Meydan-approved auditor
  • Reports must follow IFRS or UAE FRS accounting standards
  • Financial statements must be submitted within 90 days of the financial year-end
  • Late submission may result in fines or license suspension
  • Fastlane is an MoE-registered auditor recognised by Meydan Free Zone
  • We deliver complete reports ready for Meydan authority submission

2025 Compliance

What Every Meydan Company Must Comply With

Meydan Free Zone companies face several overlapping compliance requirements. Here is the full picture for the current year.

📋 Audit & Financial Reporting

  • Mandatory audited financial statements for all Meydan-registered entities
  • Financial statements must follow IFRS or UAE FRS standards
  • Audit must be performed by a Meydan-approved auditor
  • Reports must include balance sheet, P&L, cash flow, and disclosures
  • Submission deadline: 90 days after financial year-end

🧾 VAT Obligations

  • Register for VAT if annual turnover exceeds AED 375,000
  • File VAT returns quarterly or monthly based on turnover
  • Issue VAT-compliant tax invoices for all taxable supplies
  • Maintain accurate financial records for FTA review
  • Audited accounts support clean VAT filings and FTA inspections

🏦 Corporate Tax (CT)

  • Register for UAE Corporate Tax within 90 days of license issuance
  • Free Zone entities may qualify for 0% CT rate — audit is mandatory to prove qualification
  • Qualifying Income rules require proper accounting records
  • CT returns must be filed within 9 months of the tax period end
  • Maintain transfer pricing documentation if applicable

📦 Economic Substance & AML

  • File Economic Substance Regulation (ESR) report if applicable
  • Maintain AML compliance policies if you are a DNFBP
  • Keep UBO (Ultimate Beneficial Owner) records updated
  • Retain all financial records for a minimum of 5 years
  • Audited accounts provide the foundation for all the above filings

Our Deliverables

What Your Meydan Audit Report Includes

Fastlane delivers a complete, submission-ready audit pack prepared to Meydan's exact requirements.

📄

Independent Auditor's Report

Signed opinion from an MoE-registered auditor, meeting Meydan Free Zone's specific requirements for the approved auditor's stamp and credentials.

⚖️

Balance Sheet

A complete statement of financial position showing assets, liabilities, and equity — prepared in line with IFRS and UAE FRS standards.

📈

Profit & Loss Statement

Detailed income statement covering revenues, costs, and net profit or loss for the financial period under review.

💸

Cash Flow Statement

Statement of cash flows showing operating, investing, and financing activities — required for IFRS-compliant financial statements.

📝

Notes & Disclosures

All supporting notes and accounting policy disclosures required to give a complete and transparent picture of the company's finances.

✅

VAT, ESR & CT Compliance Check

As part of our audit process, we flag any compliance gaps with the FTA, MoE, and Ministry of Finance — so you stay penalty-free across all obligations.

Step-by-Step Process

How We Complete Your Meydan Audit

Our streamlined process is designed to minimise the burden on you and maximise speed to submission.

1

Get in Touch & Receive a Quote

Contact Fastlane via phone, WhatsApp, or our website form. We provide a clear, fixed-fee quote based on your company's size and transaction volume — no surprises.

2

Submit Your Documents

Share your financial records, bank statements, invoices, and accounting data with us. We provide a full document checklist so you know exactly what is needed.

3

We Prepare Your Financial Statements

Our accountants compile and reconcile your accounts, preparing IFRS-compliant financial statements that meet Meydan's format requirements.

4

Audit & Independent Opinion

Our MoE-registered auditors conduct an independent examination of the financial statements and issue a signed audit report with their professional opinion.

5

Report Delivered — Ready for Meydan

You receive the complete, signed audit report in the exact format Meydan requires. Submit it directly to the authority for your license renewal — zero back-and-forth.

Transparent Pricing

Meydan Audit Report Pricing

Clear, upfront pricing with no hidden fees. The right package for your Meydan company.

Startup / Dormant

AED 1,499 / year

For newly formed or dormant Meydan companies with minimal transactions

  • IFRS-compliant financial statements
  • Independent auditor's report
  • Balance sheet, P&L & cash flow
  • Notes & disclosures
  • Meydan-ready submission format
  • VAT & CT compliance check
Get Started
Most Popular

Active Trading Company

Custom Quote

For active Meydan companies with regular transactions, employees, or VAT registration

  • Everything in Startup package
  • Full bookkeeping reconciliation
  • Multi-currency accounting support
  • VAT audit trail review
  • Corporate Tax compliance check
  • ESR filing assessment
  • Priority turnaround
Request Quote

Full Compliance Bundle

Custom Quote

Audit report plus VAT filing, corporate tax registration, and ongoing compliance support

  • Meydan audit report included
  • VAT return filing
  • Corporate Tax registration & filing
  • AML compliance review
  • Ongoing monthly accounting
  • Dedicated account manager
Contact Us

Document Checklist

What You Need to Provide

Preparing these documents before we start saves time and speeds up your audit. Missing documents are the most common cause of delays.

📋

Copy of your current Meydan trade license

🏦

Bank statements for the full financial year

📊

Trial balance or accounting records (QuickBooks, Xero, Excel, etc.)

🧾

Sales invoices and purchase invoices

🪪

Passport copy and Emirates ID of shareholder(s)

📄

MOA / AOA and certificate of incorporation

💰

Details of opening capital and shareholder loans, if any

📦

Expense records and payroll data (if employees are on the payroll)

💡 Tip: If your company has never traded and has zero activity, the process is significantly simpler and faster. Contact us and we will advise you on the quickest path.

Why Fastlane

Why 1,000+ UAE Businesses Choose Fastlane

12+

Years of Experience

Led by CEO Nithin with 12+ years in UAE finance, accounting, and compliance

1,000+

Businesses Served

Trusted by over 1,000 UAE businesses across free zones and mainland

AED 0

Hidden Fees

Clear, fixed-fee pricing quoted upfront — what you see is what you pay

100%

MoE Registered

Fully registered with the Ministry of Economy and recognised by Meydan Free Zone

FAQs

Meydan Approved Auditors — Frequently Asked Questions

Are approved auditors mandatory for Meydan Free Zone companies?
Yes. All companies registered in Meydan Free Zone are required to submit audited financial statements prepared by an approved auditor as a condition of their annual license renewal. Engaging an auditor that is not on Meydan's approved list will result in the audit report being rejected, and you will need to repeat the process — incurring additional cost and delays.
Is Fastlane on the Meydan approved auditors list?
Yes. Fastlane Management Consultancy is registered with the Ministry of Economy (MoE) as a licensed audit firm and is recognised by Meydan Free Zone to conduct statutory audits for companies operating within the free zone. You can verify our MoE registration directly with the authority.
What is the deadline for submitting audited financial statements to Meydan?
Meydan Free Zone requires companies to submit their audited financial statements within 90 days from the end of the financial year. This is typically aligned with the license renewal cycle. We recommend starting the process at least 4–6 weeks before your deadline to allow sufficient time for document collection, preparation, and any queries.
What accounting standards does the Meydan audit report need to follow?
Meydan Free Zone requires financial statements to be prepared in accordance with International Financial Reporting Standards (IFRS) or the UAE Financial Reporting Standards (UAE FRS), which is the IFRS for SMEs framework. Fastlane prepares all financial statements to these standards as a matter of course.
How much does a Meydan audit report cost?
Fastlane's Meydan audit reports start at AED 1,499 for dormant or newly formed companies. The final price depends on the size and complexity of your company's accounts, the volume of transactions, and whether you need additional services such as bookkeeping, VAT filing, or corporate tax registration. We provide a fixed-fee quote before you commit — no hidden charges.
How long does the Meydan audit process take?
The typical turnaround is 7–14 working days from the date we receive all required documents. For dormant or newly formed companies with minimal transactions, we can often complete the process faster. The key variable is how quickly the documents are gathered — preparing your checklist in advance significantly reduces the timeline.
Can Fastlane help if my accounts are not in order?
Yes. Many clients come to us with incomplete or disorganised accounting records. Our team offers bookkeeping and accounting reconstruction services — we can prepare your financial statements from scratch using your bank statements and invoices, then complete the audit. This is included as part of our all-in-one service.
Does my Meydan company need an audit even if it has no transactions?
Yes. Even dormant Meydan companies with zero activity are required to submit audited financial statements for license renewal. However, a nil-activity audit is quicker and more straightforward — and Fastlane's starting price of AED 1,499 is specifically designed for dormant and newly formed companies.
What is the penalty for not submitting an audit report to Meydan?
Failure to submit an audited financial report to Meydan by the required deadline can result in penalties, fines, difficulty renewing your trade license, and potentially the suspension or cancellation of your license. It can also create complications with the Federal Tax Authority regarding VAT and Corporate Tax compliance.
Can Fastlane help with VAT and Corporate Tax as well?
Yes. Fastlane is a full-service accounting and compliance firm. In addition to audit reports, we handle VAT registration, quarterly VAT returns, Corporate Tax registration, CT return filing, AML compliance, ESR reports, and ongoing bookkeeping. We can bundle these services for a streamlined, all-in-one compliance solution for your Meydan company.

Ready to Get Your Meydan Audit Report?

Talk to our team today. We will advise you on exactly what is needed and provide a fixed-fee quote — no obligation, no hidden costs.

📞 Call Us: +971 055 127 3479 💬 WhatsApp Us

Fastlane Management Consultancy · Office No 33, 2nd Floor, Sheikh Rashid Building, Al Souq Street, Dubai

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