solutions
solutions
solutions
princing
get started
sing in
Services
About Us
Blog
Conatct
Services
About Us
Blog
Contact
Book a Tax Consultation
SERVICES

Professional Accounting and
Tax Services for UAE Businesses

Get In Touch
contact@one-centive.com
+971 50 727 9570
Office 508, The Binary by Omniyat, Business Bay, United Arab Emirates

Accounting Solutions
for UAE Businesses

Although bookkeeping obligations have long existed under UAE Commercial Company Law, it is only in recent years with the introduction of VAT in 2018 and Corporate Tax in 2023 that accurate accounting has become a non-negotiable requirement for every company operating in the country. Regulatory bodies now demand detailed, transparent, and consistent financial reporting.

At Onecentive, we offer end-to-end accounting support that aligns with this evolving landscape. From implementing and configuring your accounting system to reconciling historical data, migrating from previous platforms, and maintaining accurate records monthly, our services are tailored to both startups and established firms across all UAE jurisdictions.

We ensure your financial records comply with:

  • International Financial Reporting Standards (IFRS)
  • UAE Corporate Law
  • Federal Tax Authority (FTA) VAT requirements
  • Corporate Tax Law (CT Law)

Every entry we post and every report we deliver is structured for compliance, audit readiness, and strategic decision-making. Whether you are managing a single Free Zone company or a complex group structure, our accountants keep your operations clear, compliant, and future-ready.

Comprehensive VAT Solutions for Your Business
Our VAT services go beyond standard registration and filing. We help businesses evaluate whether they meet the AED 375,000 mandatory registration threshold or qualify for voluntary registration at AED 187,500. For eligible businesses, we also support applications for VAT exceptions, including non-registration and de-registration for qualifying entities.

We specialize in handling Designated Zone operations, where the zero-rating of certain transactions requires nuanced planning and accurate documentation. Our team ensures your invoicing, reverse charge mechanisms, and supply chain setup comply with FTA audit expectations. We also review whether your business may qualify for exempt or out-of-scope activities, ensuring you are not overpaying or underreporting. For every client, we provide quarterly VAT filings, maintain FTA-compliant records, and proactively monitor risks.
Navigating Corporate Tax Benefits in the UAE
The UAE’s Corporate Tax regime applies a 9% rate on net profits exceeding AED 375,000, with 0% on the first AED 375,000 for standard businesses. However, with the right structuring, some companies may benefit from reliefs or exemptions. We work closely with clients to determine whether they qualify for:
  • Small Business Relief (for taxable revenue below AED 3 million, until 2026).
  • Qualifying Free Zone Person (QFZP) regime, eligible for 0% CT on qualifying income.
  • Exempt status for investment holding companies, public benefit entities, pension or social security funds, and regulated family trusts and foundations.
We assess the nature of your income, prepare documentation for QFZP elections, and ensure your business structure meets all substance requirements. Our compliance services include CT registration, quarterly provision planning, tax return filing, and group structuring advice. We also support transition periods and historical profit reviews to minimize your tax exposure going forward.

Why Choose Onecentive Accounting & Taxes

In today’s UAE tax environment, accurate accounting is the backbone of compliance. At Onecentive, we combine technical expertise with hands-on support - setting up systems, reconciling data, and ensuring full alignment with VAT and Corporate Tax laws - so your business is always compliant, audit-ready, and financially optimized.

Full-Spectrum Accounting & Tax Support
From setting up your accounting system and reconciling historical data to monthly bookkeeping, VAT/CT compliance, and tax return filings - we cover every aspect of your financial management.
Deep Knowledge of UAE Regulations
We operate under IFRS standards, UAE Commercial Companies Law, VAT Law, and the Corporate Tax Law, ensuring your records are always compliant and audit-ready.
Strategic Tax Optimization
Our team goes beyond filings - we advise on VAT exceptions, designated zones, QFZP status, Small Business Relief, and structuring for family funds and trusts, helping you minimize liability legally.
Certified Expertise You Can Trust
As certified Zoho Books partners and FTA Tax Agents, we bring both technology and regulatory authority to the table, giving you confidence in accuracy, efficiency, and compliance.
Accounting System Setup, Historical
Reconciliation & Monthly Bookkeeping
VAT & Corporate Tax Compliance,
Tax Return Filings, and Strategic Planning
Financial & Management Statements,
Internal Audits

Frequently Asked
Questions

Is VAT registration mandatory for all UAE companies?

Yes, every company operating in the UAE must assess whether their revenue qualifies as taxable supply under the VAT Law. If taxable supplies exceed AED 375,000 in the past 12 months (or are expected to exceed this in the next 30 days), VAT registration becomes mandatory. If you expect revenue between AED 187,500 and AED 375,000, voluntary registration is permitted and often advisable.

In cases where revenue is not subject to VAT (e.g., outside-scope or exempt supplies), we assist clients in applying for a VAT exception. Failure to submit the registration on time can result in significant administrative penalties. Our team ensures that assessments are done accurately, and registration deadlines are met without risk.

What are the VAT obligations for companies in Designated Zones?

Designated Zones are treated as outside the UAE for VAT on certain goods, but not for all transactions. Misclassification can lead to penalties. We help ensure your contracts, invoices, and goods movement align with Designated Zone rules, and that your VAT filings accurately reflect zero-rated, exempt, and taxable transactions.

Do all companies need to register for Corporate Tax in the UAE?

Yes, all businesses, whether taxable or not, are required to register for Corporate Tax (CT). Even if you qualify for Small Business Relief or are below the AED 375,000 profit threshold, registration and annual filing are mandatory. We handle registration, prepare your tax returns, and guide your compliance strategy.

What is a Qualifying Free Zone Person (QFZP), and how do I become one?

A QFZP is a Free Zone company that earns qualifying income and meets specific conditions such as having adequate substance, audited accounts, and electing for the 0% regime. Not all Free Zone businesses automatically qualify. We assess your eligibility, optimize your activities, and manage your CT compliance to secure and maintain this status.

Can I benefit from Small Business Relief under Corporate Tax?

If your revenue is below AED 3 million during the relevant financial year (until 2026), you may apply for Small Business Relief, which allows you to be treated as having no taxable income. We help you make this election properly and ensure it aligns with your broader tax strategy and reporting obligations.

What if I operate a holding company or family fund, do I still pay tax?

Certain holding structures, regulated trusts, foundations, and family funds may be eligible for exemption, provided they meet specific licensing, activity, and regulatory criteria. We design ownership and group structures that protect your assets while minimizing your tax exposure, within full legal boundaries.

Start Your Business
Journey in the UAE Today

Our consultants are here to guide you through every step of setting up your UAE company.
Let's Have a Talk

Information

Home

About Us

Blog

Services

Business Setup

Liquidation & Exit

Immigration Services

Accounting & Taxes

Tax Consulting

Restructuring & Corporate Changes

AML Compliance

Escrow Services

Asset Protection

© 2025 Onecentive. All rights reserved.
TermsPrivacyGoverning Law