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Streamline Your Dubai Free Zone Business with Expert Accounting Solutions

Why Choose Thrust Management for Free Zone Accounting?

Operating a business in Dubai's free zones offers numerous advantages, such as 100% foreign ownership, zero corporate tax (in specific cases), and no customs duties. However, it also comes with unique regulatory and compliance requirements. At Thrust Management, we specialize in providing expert free zone accounting solutions to ensure your business remains compliant while you focus on growth.

Our Free Zone Accounting Services

We offer a comprehensive suite of accounting services designed specifically for Dubai free zone companies:

Flexible Pricing Plans Tailored to Your Free Zone Accounting Needs

Not Sure Which Plan Fits?

LET'S CHAT - Your Perfect Free Zone Accounting Solution Awaits.
Why Free Zone Accounting is Different

Free zones have specific regulations regarding taxation, financial reporting, and compliance. With over 50 operational free zones in the UAE, each with its own set of rules, navigating these complexities requires expertise. Our deep understanding of these requirements ensures that your business avoids pitfalls while leveraging the benefits of operating in a dynamic free zone environment

Benefits of Outsourcing Your Accounting to Us

Specialist Expertise

Our team has extensive experience in handling the unique requirements of free zone businesses across Dubai.

Time Efficiency

We take care of your accounting needs so you can focus on growing your business.

Cost Savings

Avoid costly penalties by ensuring timely compliance with all regulatory requirements.

Ease of Access

We use cloud-based accounting systems for real-time access to your financial data.

  • How long does it take to set up my company in IFZA?
    The trade license is usually issued within 3 to 5 working days upon receipt of all required documents.
  • Does the IFZA trade license enable me to operate throughout the UAE?
    The IFZA license enables you to operate within the free zone, located at Dubai Digital Park in Dubai Silicon Oasis, to provide digital services, to provide e-commerce services and to work with overseas clients. Should your company opt to work with mainland-based companies, it may be liable for UAE corporate tax.
  • What happens if I don’t want to renew my IFZA license when it expires?
    When you no longer need your IFZA license, it will be necessary to liquidate the company and cancel its registration with IFZA, rather than just letting it lapse, which will start to accrue late renewal fees over time. However, it is necessary to maintain the validity of your business license in order for your residence visa to remain valid.
  • Do IFZA free zone companies need to register for UAE corporate tax?
    Yes. All UAE free zone companies have to register for UAE Corporate tax and file an annual tax return. Providing you meet the conditions of the Free Zone Corporate Tax Regime you will be exempt from paying corporation tax. This means not conducting business with UAE mainland companies and demonstrating adequate substance in the free zone relative to the nature of your business and qualifying income.
  • Do IFZA free zone companies need to register for VAT in the UAE?
    IFZA-licensed companies can register for VAT in the UAE in two instances: Voluntary VAT registration: When the value of your IFZA company’s taxable supplies and imports into the UAE exceed AED187,500, it can opt to voluntarily register for VAT. Mandatory VAT registration: When the value of your IFZA company’s taxable supplies and imports into the UAE exceed AED375,000, it is required to register for VAT within 30 days of reaching this threshold amount.
  • Do IFZA free zone companies need to file accounts?
    Yes. IFZA-licensed companies are required to maintain their financial accounts and file them at the time of their license renewal.
  • Is it mandatory for free zone companies to maintain audited financial statements?
    Yes, most free zones require annual audited financial statements for license renewal. We assist in preparing these reports accurately and on time.
  • Do free zone companies need to register for UAE Corporate Tax?
    Yes, all free zone businesses must register for corporate tax even if they qualify for exemptions. We handle the entire registration and filing process.
  • What are the penalties for non-compliance with accounting regulations?
    Penalties can include AED 5,000 per month for delayed submission of audited reports or tax filings. Our services ensure you stay compliant.
  • Can I just get a visa without getting a trade license?
    No. The trade license is necessary as the free zone company will act as the sponsor for your residence visa. Therefore, all the time you want to have a residence visa in Dubai, it is necessary to keep you trade license valid.
  • How long does it take to process a visa in the IFZA free zone?
    After obtaining your trade license, applying for an Establishment Card takes about 3 to 5 working days. The visa application process typically completes within another 3 to 5 working days.
  • When do I get my Emirates ID card?
    Upon successful approval and completion of your residence visa application, your physical Emirates ID card will usually be issued within the next few days.
  • Do I have to have health insurance with an IFZA visa?
    No. Health insurance is not mandatory for Dubai free zone visas. If you want health insurance, we can arrange this for you for an additional free. Please note, that health insurance premiums are subject to a number of variables, including gender, age, any pre-existing conditions, and the level of cover required.
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