Corporate Tax & Accounting for IFZA Companies

FTA-approved tax agent supporting IFZA businesses in Dubai

Companies in IFZA must comply with UAE Corporate Tax, VAT and accounting rules just like any other business — and getting the free zone tax position right is especially important. IFZA is the International Free Zone Authority, one of the UAE's most popular and cost-effective free zones for a wide range of trading, services and holding activities. Safeway is an FTA-approved tax agent in Ajman that works with IFZA companies on registration, returns, accounting and audit-ready financial statements across the UAE.

Corporate Tax for IFZA companies

Every IFZA company must register for Corporate Tax, even if it expects to pay 0% as a Qualifying Free Zone Person (QFZP). The 0% rate applies only to qualifying income and only where the conditions are met — including earning qualifying income, maintaining adequate substance, meeting the arm's length and transfer pricing rules, and keeping audited financial statements. Income that does not qualify is taxed at 9%. We assess your QFZP status and help you keep it.

VAT and accounting in IFZA

IFZA companies within the scope of VAT must register, charge VAT correctly and file returns, and some designated zones have special rules for goods. Requirements vary by activity, and keeping audit-ready accounts protects your Qualifying Free Zone Person status. We keep your books clean and your returns accurate.

How Safeway helps IFZA businesses

  • Corporate Tax registration and QFZP status review
  • VAT registration and quarterly return filing
  • Bookkeeping and IFRS financial statements, prepared audit-ready
  • Transfer pricing documentation where required
  • Liaison with licensed auditors for renewal and Corporate Tax

Contact us for a tax and accounting review of your IFZA company.

Frequently asked questions

Do IFZA companies pay Corporate Tax?

IFZA companies must register for Corporate Tax. A Qualifying Free Zone Person can pay 0% on qualifying income where all conditions are met, and 9% on income that does not qualify. Registration is mandatory regardless.

Do IFZA companies need audited financial statements?

Requirements vary by activity, and keeping audit-ready accounts protects your Qualifying Free Zone Person status. Audited statements are also required under Corporate Tax for every Qualifying Free Zone Person, regardless of revenue.

Can Safeway act for my IFZA company from Ajman?

Yes. Tax registration and filing are handled through the FTA's EmaraTax portal, so we act for IFZA companies across the UAE.

Reviewed by Shihabudeen Pattasseri

FTA-Registered Tax Agent (TAAN 20056925) and Senior Tax Consultant at Safeway Accounting & Tax Consultancy FZE LLC. MBA (Finance) and holder of the ATT GCC VAT Compliance Diploma, with 17+ years of UAE tax, accounting and compliance experience.

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