DMCC Audit Deadline: 90 Days or 180? Explained

Introduction to DMCC Audits

The Dubai Multi Commodities Centre (DMCC) is a well-established center for trade and enterprise in Dubai, designed to provide a favorable and business-friendly environment for companies from various sectors. One critical aspect for companies operating within DMCC is adhering to the audit requirements, which can vary significantly based on the structure and performance of the business. Therefore, understanding the deadlines for DMCC audits is essential for compliance and proper business operation.

What is the Deadline for the DMCC Audit — 90 Days, 180 Days or Else?

When it comes to maintaining compliance and avoiding penalties in the Dubai Multi Commodities Centre (DMCC), one of the most critical questions businesses often ask is: "What is the deadline for the DMCC audit — 90 days, 180 days or something else?" As one of the leading chartered accountants in Dubai, Gupta Accountants is here to clarify this essential requirement and guide your business toward stress-free compliance.

Understanding the DMCC Audit Requirement

Every DMCC company is legally required to submit audited financial statements on an annual basis. This rule applies to all Free Zone companies operating within DMCC, regardless of size or industry. The audit must be conducted by a DMCC-approved auditor, ensuring that the financial statements are prepared in accordance with International Financial Reporting Standards (IFRS).

So, What Is the Deadline for the DMCC Audit?

According to the DMCC Authority, the deadline for submitting the audited financial statements is within 90 days from the end of the company’s financial year.

✅ That means: If your financial year ends on 31st December, you must submit your audit report by 31st March of the following year.

This 90-day period is a strict deadline, and failure to meet it can result in penalties, fines, and even a potential suspension of your license or access to DMCC services.

What Happens if You Miss the 90-Day DMCC Audit Deadline?

Missing the DMCC audit submission deadline can have serious implications:

• Financial penalties

• Non-renewal of business license

• Restrictions on company operations

• Negative compliance rating

That’s why timely submission is not just a recommendation — it’s a compliance necessity.

Why Not 180 Days?

The 180-day timeline often causes confusion because some jurisdictions (outside of DMCC) allow up to six months for audit report submission. However, DMCC regulations are different. They clearly mandate a 90-day submission period from the end of the financial year — not 180 days.

The DMCC Free Zone may, at its own discretion, give extra time to submit the audit report for a specific financial year. In other words, while the general rule is that DMCC companies must submit their audited financial statements within 90 days after the end of the financial year, DMCC has the right to extend the deadline in certain cases or general extension of the due date in the normal course.

✅ If you're unsure about the current year’s deadline or if any extension has been granted, here's what you can do:

• Log into the DMCC Member Portal

• Go to the Compliance Services or Audit Report Submission section

• Look for any announcements or notifications about changes to the AFS submission deadline

• Or contact DMCC Customer Care directly through the portal for confirmation

✅ For professional assistance with your DMCC audit, please contact Gupta Accountants — your reliable partner for comprehensive accounting and audit services in Dubai.

How Gupta Accountants Can Help

At Gupta Accountants, one of the top chartered accounting firms in Dubai, we specialize in providing DMCC audit support, financial statement preparation, and compliance advisory. Our team of certified auditors and accounting experts ensures:

• Timely audit report preparation

• Seamless coordination with DMCC-approved auditors

• Error-free submission before the deadline

• Full compliance with DMCC regulations

Whether you're a startup or an established business in DMCC, Gupta Accountants helps you stay ahead of deadlines and avoid costly compliance issues.