Comply · CT-ready accounting
The tax computation starts from the profit in the financial statements, so the return is only as reliable as the books behind it. We keep the records, run the year-end close and prepare IFRS financial statements, audited where the law requires.
Comply
What we do
Monthly or quarterly bookkeeping in Zoho Books (we are a Zoho Advanced Partner) or your existing system, coded so the items corporate tax treats differently are visible: entertainment, interest, related-party transactions and payments to owners and directors.
Accruals, prepayments, fixed assets, inventory, and bank and intercompany reconciliations, closed to a timetable that leaves room for the tax computation and any audit before the nine-month deadline.
A full set of financial statements with notes, prepared under IFRS for the auditor, the bank, the board and the corporate tax return.
A schedule tying every line of the tax computation to a ledger balance, so each add-back, exemption and loss can be traced and defended.
Audits are led by Mustafa Ahmad, Partner, Assurance & Audit, and planned around the filing deadline. Where another firm is the auditor, we prepare the schedules and reconciliations it requests.
Special-purpose statements combining the members of a Tax Group on an IFRS or IFRS for SMEs basis, with intra-group items eliminated, ready for audit under International Standards on Auditing.
A filing structure that holds every record for seven years, with electronic copies meeting the standards in FTA Decision No. 4 of 2026.
How it works
Day 1
At no charge, we review how the books are kept today, the year end and whether an audit is required.
1 to 2 weeks
We review ledgers, reconciliations and the chart of accounts, and list what needs fixing before year end.
Varies
We bring the books up to date and keep them there, monthly or quarterly.
Typically 3 to 6 weeks
We close the year and prepare the IFRS financial statements with the book-to-tax bridge.
Varies
We plan the audit around the filing deadline, aiming for signed statements before the return is prepared.
What you get
Know the law
For tax periods starting on or after 1 January 2025, audited financial statements are required where revenue exceeds AED 50 million.
Ministerial Decision No. 84 of 2025
Every Qualifying Free Zone Person must prepare audited financial statements, whatever its revenue, as a condition of the 0% regime.
Ministerial Decision No. 84 of 2025; Federal Decree-Law No. 47 of 2022, Art. 18
Every Tax Group must prepare audited special-purpose financial statements that aggregate its members, whatever its revenue.
Ministerial Decision No. 84 of 2025; FTA Decision No. 7 of 2025
For tax periods starting on or after 1 January 2026, a QFZP distributing goods in or from a Designated Zone also needs an agreed-upon procedures report from an independent auditor.
FTA Decision No. 6 of 2026
Records must be kept for seven years after the end of the tax period they relate to.
Federal Decree-Law No. 47 of 2022, Art. 56
Failing to keep the required records costs AED 10,000 per violation, or AED 20,000 for a repeat within 24 months.
Cabinet Decision No. 75 of 2023
Electronic and photocopied records must meet the FTA's standards, including complete copies and access to encrypted systems.
FTA Decision No. 4 of 2026
For tax periods starting on or after 1 January 2025: any company with revenue above AED 50 million, every Qualifying Free Zone Person and every Tax Group. Periods that began before then still fall under Ministerial Decision No. 82 of 2023. Other companies do not need an audit for corporate tax, but the return must still be built on proper financial statements.
Yes, if it relies on the 0% rate. Every QFZP must prepare audited financial statements whatever its size, and failing a condition costs QFZP status for that tax period and the next four. That is why we plan the audit early in the year.
Seven years after the end of the tax period they relate to, covering ledgers, invoices, contracts and the working papers behind the computation. The period is two years longer where a refund is still unresolved. The FTA can audit or assess a period for five years after it ends, or 15 years in cases of tax evasion or failure to register.
The items corporate tax treats differently are coded separately as transactions are recorded: entertainment (only half is deductible), interest, related-party transactions and payments to owners and directors. Balances are reconciled monthly or quarterly. At year end, the computation starts from figures that can be proved rather than rebuilt.
Special-purpose statements that combine the group's members as if they were one entity, on an IFRS or IFRS for SMEs basis, with transactions between members eliminated. They must be audited under International Standards on Auditing. For tax periods from 1 January 2025, every Tax Group needs them, whatever its revenue.
Yes, and the earlier the work starts, the better. We review the ledgers and reconciliations, agree what needs correcting and bring the books up to date before the year-end close. Every week recovered there is time gained for the computation and any audit before the nine-month deadline.
Yes, if they meet the standards in FTA Decision No. 4 of 2026, in force since 30 July 2026. Copies must be complete, and the FTA must be able to access records held in encrypted systems. If the FTA asks for records in Arabic, they must be provided, or a penalty of AED 5,000 applies.
Often needed together
Talk to us
Send us the latest management accounts and we will set out what to fix before the close and whether an audit is required. The first consultation is free.
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