Management Reporting

Yes. UAE company law expects the books to show the position at any time, not only at the balance sheet date. Article 26 of Federal Decree Law No. 32 of 2021 on Commercial Companies requires every company to keep accounting records that give a clear picture of its financial position at any specific point in time and let the partners or shareholders verify that the accounts are properly kept. The free zone regimes say the same: section 375 of the ADGM Companies Regulations 2020 requires records sufficient to disclose with reasonable accuracy, at any time, the company's financial position, and Regulation 74 of the RAKEZ Companies Regulations 2023 is worded alike. Monthly management accounts are how a board meets that standard in practice.

Sources: UAE Legislation (Ministry of Justice) — Federal Decree Law No. (32) of 2021 on Commercial Companies; Abu Dhabi Global Market — Companies Regulations 2020 (Consolidated Version) (accessed 24 October 2026)

Directly. Article 20 of Federal Decree-Law No. 47 of 2022 makes the Tax Period's Accounting Income the base figure, adjusted for exempt income, reliefs, deductions, related-party transactions and losses, and the FTA's Tax Returns guide (CTGTXR1) describes Accounting Income as the starting point for Taxable Income and asks for a line-by-line breakdown of the income statement and statement of financial position. The return and payment are due within nine months of the end of the Tax Period. If the ledger is closed monthly, with accruals and intercompany balances reconciled, the year-end figures are already tax-ready and the adjustments can be tracked through the year rather than discovered at filing. That is how we design our management packs.

Sources: Federal Tax Authority — Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses; Federal Tax Authority — Tax Returns — Corporate Tax Guide CTGTXR1 (November 2024) (accessed 24 October 2026)

Because the 0 per cent rate depends on a revenue test measured per Tax Period. The FTA's Free Zone Persons guide (CTGFZP1), citing the Ministerial Decision on qualifying activities (now No. 229 of 2025), states that the de minimis requirement is met only where non-qualifying revenue in a Tax Period does not exceed the lower of 5 per cent of total revenue or AED 5,000,000. The same guide confirms that a company failing any condition ceases to be a Qualifying Free Zone Person from the beginning of that Tax Period and for the four subsequent Tax Periods. Our management reports split revenue by qualifying activity and counterparty so the board sees the headroom monthly.

Source: Federal Tax Authority — Free Zone Persons — Corporate Tax Guide CTGFZP1 (May 2024) (accessed 24 October 2026)

Because two reliefs switch off at that line. The FTA's Small Business Relief guide (CTGSBR1), based on Ministerial Decision No. 73 of 2023, allows a resident business to elect relief if revenue is at or below AED 3,000,000 for the relevant Tax Period and all previous Tax Periods, for Tax Periods ending on or before 31 December 2026; the business must still register, file a simplified return and be able to evidence its revenue to the FTA. Ministerial Decision No. 114 of 2023 uses the same AED 3,000,000 figure as the ceiling for cash-basis accounting. Cross the line once and both are lost for that period, so revenue needs watching against the threshold month by month, not after year-end.

Sources: Federal Tax Authority — Small Business Relief — Corporate Tax Guide CTGSBR1 (August 2023); Ministry of Finance — Ministerial Decision No. 114 of 2023 on the Accounting Standards and Methods for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (accessed 24 October 2026)

The FTA's Tax Returns guide (CTGTXR1) sets the thresholds. The Related Party transactions schedule must be completed where the aggregate value of all transactions with all Related Parties, recorded in the financial statements or at market value, exceeds AED 40 million in the Tax Period; once over that line, each category of transaction whose aggregate exceeds AED 4 million is disclosed, with income and expenditure reported separately. The Connected Persons schedule applies where payments or benefits to a Connected Person, together with its Related Parties, exceed AED 500,000. Dividends are excluded from the tests. Hitting these figures accurately needs intercompany and owner transactions tagged in the ledger from day one, which is how we set up management reporting for groups.

Source: Federal Tax Authority — Tax Returns — Corporate Tax Guide CTGTXR1 (November 2024) (accessed 24 October 2026)

Within thirty days for transfer pricing information, and on demand during an audit. Article 55 of Federal Decree-Law No. 47 of 2022 requires master file and local file documentation, and any information supporting the arm's length nature of related-party dealings, to be submitted within thirty days of the FTA's request unless the FTA allows longer. Under Federal Decree-Law No. 28 of 2022 on Tax Procedures, the FTA may access original records or copies during a tax audit, and the person audited must provide all facilities and possible assistance to the tax auditor. A reporting system that reconciles monthly and files its support documents as it goes can meet those deadlines; one rebuilt at year-end usually cannot.

Sources: Federal Tax Authority — Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses; UAE Legislation (Ministry of Justice) — Federal Decree-Law No. (28) of 2022 on Tax Procedures (accessed 24 October 2026)

Several, and they are measured on the revenue in your financial statements, not on cash collected. AED 3,000,000 is the ceiling for cash-basis accounting and Small Business Relief. AED 50,000,000 is where IFRS for SMEs stops being available under Ministerial Decision No. 114 of 2023, where audited financial statements become mandatory under Ministerial Decision No. 84 of 2025, and where Ministerial Decision No. 244 of 2025 moves a business into the first e-invoicing phase; that decision defines revenue as gross income in the most recent accounting period based on the financial statements. AED 200,000,000 triggers transfer pricing master and local files. A dashboard that tracks revenue on the IFRS basis, with headroom to each line, lets the board plan the extra compliance before it arrives.

Sources: Ministry of Finance — Ministerial Decision No. 244 of 2025 on the Implementation of the Electronic Invoicing System; Ministry of Finance — Ministerial Decision No. 84 of 2025 on Audited Financial Statements for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (accessed 24 October 2026)