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Industries · Trading

UAE trading, continuously reconciled.

Tax, accounting, and audit-readiness for UAE trading and distribution companies — DMCC, JAFZA, mainland importers, multi-currency operations, and re-export specialists.

Free 30-min review →See pricing

What we do for trading companies

IAS 2 inventory accounting

Continuous inventory valuation under weighted average or FIFO, slow-moving stock provisioning, landed-cost tracking including freight and duties.

Designated-zone VAT

Movement of goods between designated zones is out of scope. We track every transit, free circulation event, and recovery on overheads.

Reverse-charge mechanism

Imports of goods and cross-border services — reverse-charge entries, recovery timing, and reconciliation between customs records and VAT returns.

Multi-currency books

IAS 21 functional and presentation currency, monetary item revaluation, foreign-exchange gains and losses recognised correctly.

QFZP for free-zone traders

Continuous QFZP de minimis tracking. Non-qualifying income to mainland customers within 5% / AED 5M — monitored monthly, not at year-end.

Customs and duty reconciliation

Customs declarations matched to GL entries. Duty drawback claims for re-exports. WPS and labour-camp accounting where applicable.

The five risks we monitor for you

1
QFZP loss from mainland salesOne mainland invoice over the de minimis threshold and the entire free-zone entity loses its 0% Corporate Tax rate for the year. Tracked continuously.
2
Designated zone misclassificationMovement of goods physically within the same designated zone is out of scope. Movement to a different zone or to mainland may be a supply. Common audit finding.
3
Inventory write-down timingSlow-moving and obsolete stock provisioning must be IFRS-compliant. Year-end-only write-downs are an audit qualification trigger.
4
Reverse-charge under-reportingImported services attract reverse-charge VAT even with no cash movement. Most undeclared VAT findings on trading companies relate to this.
5
Foreign-currency revaluation gapsMonetary items in foreign currency must be revalued at each reporting date under IAS 21. Missed revaluations distort the P&L.

Free trading-company compliance review

Book a 30-minute call. We'll review your QFZP eligibility, VAT positions on designated-zone supplies, and reverse-charge declarations.

Book your free review →