Free Zone Qualifying Income Assessment (QFZP) in UAE
Assess whether your UAE Free Zone business may qualify for QFZP treatment with a structured review of your activities, income streams, transactions, substance, and Corporate Tax compliance requirements.
Comprehensive QFZP & Qualifying Income Assessment Services
Understand how UAE Corporate Tax rules may apply to your Free Zone business and identify whether your income and activities meet the relevant conditions for Qualifying Free Zone Person treatment.
Eligibility & Activities
Income & Transactions
Substance & Transfer Pricing
Records & Reporting
Uniqey vs In-House vs Freelancer
A side-by-side look at how working with Uniqey compares to running a QFZP and Qualifying Income assessment in-house or with a freelance consultant.
| Feature | Uniqey QFZP Advisory Best Value | In-House Team | Freelancer / Consultant |
|---|---|---|---|
| QFZP Eligibility Review | Structured | Internal team | Available |
| Qualifying Income Assessment | Detailed | Depends on expertise | Available |
| Activity Classification | Comprehensive | Internal responsibility | Scope dependent |
| Excluded Activity Review | Yes | Depends on resources | Available |
| De Minimis Assessment | Yes | Internal team | Scope dependent |
| Substance Review | Structured | Depends on expertise | Available |
| Transfer Pricing Review | Available | Specialist required | Varies |
| QFZP Compliance Roadmap | Actionable | Requires internal resources | Depends on arrangement |
Uniqey QFZP Advisory
Best Value- QFZP Eligibility Review
- Structured
- Qualifying Income Assessment
- Detailed
- Activity Classification
- Comprehensive
- Excluded Activity Review
- Yes
- De Minimis Assessment
- Yes
- Substance Review
- Structured
- Transfer Pricing Review
- Available
- QFZP Compliance Roadmap
- Actionable
In-House Team
- QFZP Eligibility Review
- Internal team
- Qualifying Income Assessment
- Depends on expertise
- Activity Classification
- Internal responsibility
- Excluded Activity Review
- Depends on resources
- De Minimis Assessment
- Internal team
- Substance Review
- Depends on expertise
- Transfer Pricing Review
- Specialist required
- QFZP Compliance Roadmap
- Requires internal resources
Freelancer / Consultant
- QFZP Eligibility Review
- Available
- Qualifying Income Assessment
- Available
- Activity Classification
- Scope dependent
- Excluded Activity Review
- Available
- De Minimis Assessment
- Scope dependent
- Substance Review
- Available
- Transfer Pricing Review
- Varies
- QFZP Compliance Roadmap
- Depends on arrangement
From Free Zone Review to QFZP Assessment Report
A structured, seven-step process that moves from understanding your Free Zone business through QFZP conditions, activities, and income streams to transactions, substance, and a clear action plan.
from review to assessment report
- 1Free Zone Business
Understand Your Free Zone Business
Review your Free Zone entity, licence, business activities, operating model, customers, locations, income sources, related parties, and existing Corporate Tax position.
- 2QFZP Conditions
Assess QFZP Conditions
Review the relevant conditions for Qualifying Free Zone Person status and identify the requirements applicable to your business based on its activities and circumstances.
- 3Activities
Classify Business Activities
Analyse your business activities against the applicable Qualifying Activities and Excluded Activities to determine how they may affect your QFZP position.
- 4Income Streams
Review Income Streams
Analyse revenue and other relevant income streams and classify them based on their nature, source, customer, transaction type, and applicable Corporate Tax treatment.
- 5Transactions & De Minimis
Assess Transactions & De Minimis Requirements
Review relevant transactions, including mainland and related-party dealings, and assess whether the business meets applicable de minimis requirements where relevant.
- 6Substance & Compliance
Review Substance & Compliance Requirements
Assess relevant substance, transfer pricing, financial reporting, record-keeping, and other requirements applicable to maintaining QFZP treatment.
- 7Findings & Plan
Provide Findings & Action Plan
Prepare a structured assessment highlighting potential qualifying income, areas requiring attention, compliance gaps, risks, documentation requirements, and recommended next steps.
Regulations & Requirements We Consider
A QFZP assessment considers the UAE Corporate Tax law, implementing decisions, and Federal Tax Authority guidance relevant to Qualifying Free Zone Persons.
UAE Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, as amended
Applicable UAE Corporate Tax implementing decisions and FTA guidance
Qualifying Free Zone Person (QFZP) conditions
Qualifying Income requirements
Qualifying Activities and Excluded Activities
De minimis requirements, where applicable
Adequate substance requirements, where applicable
Transfer pricing and related-party requirements, where applicable
Audited financial statement requirements, where applicable
Compatible with Leading Accounting, ERP & Tax Systems
QFZP assessments can be performed using financial and operational information maintained across commonly used accounting, ERP, spreadsheet, and UAE tax systems.
Questions About QFZP & Qualifying Income
Everything clients ask about QFZP eligibility, Qualifying Income, Qualifying and Excluded Activities, mainland transactions, and the de minimis requirement.
Ready to Assess Your QFZP Position?
Understand your Free Zone Corporate Tax position with a structured assessment of Qualifying Income, business activities, transactions, and QFZP compliance requirements.
