RFP - Statutory Financial Statement Audit for the Financial
Magenta FZE
Last seen in the source feed: Oct 08, 2026.
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Posted
Oct 07, 2026
Location
Remote
Type
Full-time
Deadline
⏰ Oct 19, 2026
Job description
Role details
REQUEST FOR PROPOSALS
Statutory Financial Statement Audit for the Financial Year Ending 31 December 2026 in Accordance with International Standards on Auditing and UAQ Free Trade Zone Requirements.
To: Prospective Bidders
From: MAGENTA FZE
RFP Reference Number: RFP-151026
RFP Issue Date: 05/10/2026
RFP Closing Date: 19/10/2026
RFP Closing Time: 12PM GMT+3
Solicitation POC Name: Raya Ramo
Solicitation POC Email: [email protected]
1. Purpose of the Procurement
MAGENTA FZE (“MAGENTA” or “we” or “us”) is a commercial, for-profit Free Zone Establishment registered in the Umm Al Quwain Free Trade Zone (UAQ FTZ), United Arab Emirates, with a mission to create a world where people are empowered to make the best choices for a safe, healthy, and prosperous life. As part of accomplishing its mission, MAGENTA delivers services to certain governmental and not-for-profit organisations throughout the world. MAGENTA’s income includes service contracts and donor-funded grants, which are reflected in its financial statements.
As a Free Zone Establishment registered in the UAQ FTZ, MAGENTA is seeking a qualified, independent auditor approved by the UAQ Free Trade Zone Authority to carry out the statutory audit of MAGENTA’s financial statements for the financial year ending 31 December 2026. The audited financial statements will support trade licence renewal and MAGENTA’s UAE Corporate Tax obligations under Federal Decree-Law No. 47 of 2022. The audit must be conducted in accordance with International Standards on Auditing (ISA), on financial statements prepared under International Financial Reporting Standards (IFRS).
2. Eligibility to Respond and Receive an Award
To be eligible for consideration for an award resulting from this solicitation, respondents must pass all minimum qualifications included within the “Instructions for Submitting Proposals” section.
3. Questions
All questions regarding this procurement shall be directed to the Solicitation Point of Contact (POC) in writing. See the solicitation cover page for the POC’s name and contact information. MAGENTA will respond to questions via an amendment to this solicitation document, if necessary. No pre-proposal conference is planned or anticipated.
4. Key Dates
The following table summarises key dates within the proposal cycle. The dates may only be changed by MAGENTA via a written modification to the solicitation.
Clarification Questions Deadline: 09 October 2026
Proposal Submission Deadline: 19 October 2026
Project Start Date: 15 February 2027
Audit Report Issuance and Submission Deadline: 15 April 2027
5. Contract
MAGENTA anticipates awarding a fixed fee contract for the statutory audit of MAGENTA’s financial statements for the financial year ending 31 December 2026.
MAGENTA reserves the right, at its sole discretion, to cancel the procurement, reject all bids or proposals, and/or to issue no contracts or awards as a result of this process.
6. Option Periods
At MAGENTA’s sole discretion, the agreement with the audit firm may be renewed a maximum of three (3) times reflecting three (3) option periods.