QFZPs Engaged in Distribution Activities – New Compliance Requirements
There is a new update on Corporate Tax for Qualifying Free Zone Persons (QFZPs) engaged in the Distribution of Goods in the UAE. The additional compliance procedures require obtaining an approval letter from government registered tax agents. So, trading companies in the Designated Zones must get an ‘Agreed-Upon Procedures (AUP) Report’ from the independent government-approved external tax auditor. The company...










