Keeping accurate and up-to-date books is essential for operating a business in the UAE. Authorities may request financial records at short notice — inspections are common across both mainland and free zone jurisdictions.
In line with UAE law, companies must retain accounting records and supporting documents for at least 5 years. Proper bookkeeping is critical not just for compliance, but also for calculating and filing Value Added Tax (VAT) and Corporate Tax (CT) accurately.
At Exval, we prepare accounting records in line with International Financial Reporting Standards (IFRS) — the recognised financial reporting framework in the UAE. For eligible small and medium-sized enterprises (SMEs) with revenue up to AED 50 million, we can also apply IFRS for SMEs, a simplified standard designed to reduce compliance burden.
Our team ensures that your company’s bookkeeping meets all applicable regulations and is always up to date. We follow best practice by updating records monthly, using original invoices, bank statements, and customer instructions. If required, we can also prepare books on short notice to help you meet urgent regulatory deadlines.
To ensure a convenient and efficient customer experience, we offer an easy-to-use platform where clients can upload invoices and supporting documents securely. Our system also allows for the creation of compliant invoices directly from your customer dashboard.
At Exval, we ensure your company’s Value Added Tax (VAT) obligations are handled accurately, efficiently, and in line with the latest UAE regulations — so you can fully benefit from the standard 5% VAT rate.
If your company’s taxable turnover exceeds AED 375,000 per year, you are required to register for VAT with the Federal Tax Authority (FTA). Voluntary registration is also available from AED 187,500 and can be strategically beneficial in certain cases. Specific rules apply to how VAT turnover is calculated, depending on your company’s activities and purchases.
Once registered, your business must file VAT returns and make any related VAT payments within 28 days of the end of your tax period — either monthly or quarterly, depending on your turnover.
The Exval team provides hands-on support to ensure your VAT setup and processes are correct from day one — and remain compliant as regulations evolve. We assess whether and when your business needs to register for VAT, prepare and file accurate VAT returns on time, and implement proper record-keeping practices to keep your VAT books audit-ready. Where applicable, we help recover eligible input VAT and navigate sector-specific rules, such as those relating to exemptions or zero-rating.
Our team combines legal expertise with practical tax know-how, so you receive more than checkbox compliance — you gain clarity, efficiency, and peace of mind.
At Exval, we ensure your business stays compliant — and strategically positioned — under the evolving UAE Corporate Tax regime.
Corporate Tax applies to financial years starting on or after 1 June 2023, with the following rates:
0% on taxable profits up to AED 375,000
9% on profits exceeding AED 375,000
15% for multinational groups with global revenue above AED 3.15 billion, under the Domestic Minimum Top-Up Tax (DMTT) from 2025
Corporate tax is calculated based on your company’s accounting profits, with some adjustments as required by law. Returns must be filed within 9 months after the end of the financial year.
All businesses — including those eligible for a 0% rate — must register and file annually with the Federal Tax Authority (FTA). Free zone entities may benefit from 0% tax only if they meet strict conditions, such as conducting qualifying activities within the zone and maintaining adequate substance. Small Business Relief (SBR) applies to entities with annual revenue up to AED 3 million.
At Exval, we guide you through the full Corporate Tax lifecycle — from registration to reporting — with clarity and rigour. We help you register with the FTA, determine your taxable income, apply necessary adjustments, file accurate returns on time, and stay compliant with all record-keeping obligations.
For lean operations that want clean books and zero stress
For active businesses needing reliable monthly reporting
Fee quote upon request
Tailored for high-volume or multi-entity operations
* Our pricing is based on the number of accounting entries per month. Please note that, pursuant to the accounting standards, we use the double-entry accounting method, meaning each business transaction (e.g. a salary payment) is recorded as at least two entries. All annual packages apply to the financial year in which you subscribe, ending on that year’s closing date — not 12 months from the subscription date. If you subscribe to a monthly package at the very end of the financial year, an extra fee may be charged for the preparation of the annual report. All prices are subject to VAT, which will be added to your final quote or invoice (the UAE standard rate is 5%).
