We conducted a comprehensive audit of a UAE Free Zone company’s compliance with the criteria for maintaining Qualifying Free Zone Person (QFZP) status under the UAE Corporate Tax Law. Our review identified compliance gaps and potential risks that could jeopardize the client’s eligibility for the 0% Corporate Tax rate. We developed a tailored defense file, including the preparation of necessary supporting documents, explanatory notes, and missing internal records. Additionally, we recommended corrective steps to minimize risks during potential FTA audits.
