Good records are your best protection in any FTA review. Missing records are usually the first problem found.

How long to keep records

• VAT: at least 5 years after the end of the tax period (longer periods apply to real estate).
• Corporate Tax: 7 years after the end of the tax period.

What to keep

• Sales and purchase tax invoices, credit notes and receipts
• Contracts, quotations and delivery documents
• Bank statements and payment proofs
• Accounting records: ledgers, trial balance and financial statements
• Import and export documents
• Copies of every tax return and the working papers behind it

Practical tips

• Store records digitally and in an organised way, by year and by month.
• Match every invoice to a payment and an accounting entry.
• Keep records accessible in the UAE and ready to share when requested.
• Review your records before filing each return, not after.

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Questions about your situation? Message us on WhatsApp or book a consultation. Fixed fees agreed upfront.

General information only, not advice for your specific situation.