Qualifying Free Zone Person (QFZP) Compliance Review
We now provide specialized services to help Free Zone businesses determine whether they meet the conditions to be treated as a Qualifying Free Zone Person (QFZP) under the UAE Corporate Tax Law. We conduct a thorough assessment of your business operations, income sources, and contractual arrangements to determine whether you meet the QFZP criteria. Our team identifies any gaps in compliance and provides practical solutions to help you align with the requirements, including matters such as substance, qualifying activities, and dealings with related parties and benefit from the 0% Corporate Tax rate where applicable. By identifying potential gaps early, we help you avoid penalties, reduce risks, and ensure smooth compliance with the Federal Tax Authority (FTA).This proactive review gives you clarity and assurance, enabling you to confidently claim the QFZP benefits.
Free zone entities in the UAE enjoy significant tax benefits under the Corporate Tax regime, but these advantages are conditional. To be recognized as a Qualifying Free Zone Person (QFZP), businesses must meet strict requirements set by the legislation. Any non-compliance, even unintentional, can lead to losing the QFZP status and being taxed at the standard corporate tax rate. Our Compliance Review service ensures that your business maintains its qualifying status while avoiding unnecessary risks and penalties.
Beyond assessment, we also support you with documentation, reporting, and ongoing monitoring, so that your business stays compliant year after year. By availing our QFZP Compliance Review service, you not only safeguard your tax benefits but also ensure that your business is operating within the framework of UAE Corporate Tax law—strengthening your credibility and financial efficiency.
