Free Zone Companies: Few Free Zone Authorities like Jebel Ali Free Zone Authority (JAFZA), Dubai Multi Commodities Centre (DMCC), Dubai Air Port Free Zone Authority (DAFZA), Dubai International Financial Centre (DIFC), etc has made it mandatory to submit the audited financial statements to the authority for the renewing the trade license of the companies registered under them.   Liquidation of the Company: Audited Financial Statements are required to be submitted to regulatory authorities at the time of liquidating/cancelling the license of the company.   Third Party Requirement: Lenders such as banks and other financial institution or investors or the major customers customer insist the companies to get their books of accounts audited by a registered auditor in U.A.E to ensure the credit worthiness of companies to deal with them.