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September 2, 2024Insights

Qualifying Free Zone Person: How to Keep the 0% UAE Tax Rate

A Qualifying Free Zone Person (QFZP) can keep a 0% UAE corporate tax rate on qualifying income, while non-qualifying income is taxed at 9%. The 0% rate is not automatic with a free-zone licence — it depends on meeting a defined set of conditions.

The five conditions

To be a QFZP, a free-zone entity must: maintain adequate substance in the UAE; derive qualifying income; not elect to be taxed at the standard rate; comply with transfer-pricing rules and documentation; and prepare audited IFRS financial statements. Miss any one, and the entity is taxed at 9% on all its income for that period and the following four.

The de minimis limit

A QFZP can earn some non-qualifying income without losing status, provided it stays within the de minimis threshold — the lower of 5% of total revenue or AED 5 million in a tax period. Exceed it, and the 0% rate is lost. Qualifying income broadly covers transactions with other free-zone persons and defined qualifying activities; excluded activities and most mainland-sourced income are not qualifying.

Key figures

  • 0% on qualifying income; 9% on non-qualifying income (UAE Federal Tax Authority)
  • De minimis limit: lower of 5% of total revenue or AED 5 million
  • Audited IFRS financial statements and transfer-pricing compliance are mandatory conditions

Frequently asked questions

Can a UAE free-zone company still pay 0% corporate tax?

Yes. A Qualifying Free Zone Person can retain 0% on qualifying income if it maintains adequate substance, meets transfer-pricing requirements, prepares audited IFRS financial statements, and keeps non-qualifying revenue within the de minimis limit — the lower of 5% of revenue or AED 5 million. Non-qualifying income is taxed at 9%.

What happens if I exceed the de minimis limit?

Exceeding the de minimis threshold causes the entity to lose Qualifying Free Zone Person status and be taxed at the standard 9% rate for that tax period and the following four tax periods.

By Vijay Dhawan, Managing Partner, LexVerge LLP. Last updated 2 July 2026. This article is general information, not tax advice; confirm the current position for your facts before acting.

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