Annual SPV Plan | Accounting & Tax Compliance
Annual Accounts & Corporate Tax Filing for Special Purpose Vehicles
Annual Accounts & Corporate Tax filing for SPVs based in the UAE. All plans include bookkeeping. Get your tax return prepared and filed with the FTA by our expert team.
“Stay compliant. UAE SPVs are required to register, report, and maintain full records—no exceptions.”
Mandatory for all UAE SPVs
What Is Required for Your SPV to Stay Compliant
Failure to meet these requirements can result in serious penalties. All UAE SPVs must comply with FTA tax laws and maintain proper records as mandated by their Free Zone or jurisdiction.
Corporate Tax Registration
Register within 90 days of incorporation to avoid FTA penalties. Includes full portal setup.
Corporate Tax Return Filing
File within 9 months of the financial year-end, regardless of taxable income.
Annual Accounts Filing
File within 9 months of ARD or anniversary of incorporation—whichever comes first (for most freezones).
Event-Based FTA Updates
Report changes in shareholders, UBOs, signatories, or activities promptly to the FTA.
What happens next
Your Compliance Journey
Our process ensures your SPV meets FTA obligations accurately and on time, avoiding penalties and maintaining good standing.
“Professional service from start to finish. We handle everything while you focus on your business.”
Annual Pricing
Annual Accounting & Tax Compliance Plan Pricing
All plans include bookkeeping. Pricing is per financial period.
Basic
$1,395/per financial period
- Annual bookkeeping
- CIT calculation & FTA filing
- Draft annual accounts for ADGM filing
- FTA Tax Person records update (as required)
Basic Definition
Applies to SPVs with minimal complexity and low transaction volume.
- < 25 ledger movements per year
- Revenue < AED 3m
- No net losses to carry forward and offset against future taxable profits
- File as Small Business Relief (SBR)
- ≤ 1 ordinary share class
- ≤ 2 shareholder/inter-company loans
- No complex instruments (convertibles, SAFEs, derivatives)
- ≤ 2 passive assets
Standard
$1,595/per financial period
- Annual bookkeeping
- CIT calculation & FTA filing
- Draft annual accounts for ADGM filing
- FTA Tax Person records update (as required)
Standard Definition
Designed for straightforward holding or investment structures with low-to-moderate transaction volume.
- Standard Corporate Tax or Small Business Relief (SBR) filing
- ≤ 1 ordinary share class
- ≤ 2 shareholders
- ≤ 2 shareholder / inter-company loans
- No complex instruments (convertibles, SAFEs, derivatives)
- No foreign operations / single-currency
- ≤ 2 passive assets (equity, property)
- ≤ 50 ledger movements annually
Complex
$1,995/per financial period
- Annual bookkeeping
- CIT calculation & FTA filing
- Draft annual accounts for ADGM filing
- FTA Tax Person records update (as required)
Complex Definition
Built for higher-complexity structures requiring fuller disclosures.
- Multiple share classes
- Multiple shareholders
- > 2 shareholder / inter-company loans
- Complex debt or equity instruments
- Cross-border operations / multi-currency
- > 2 passive assets (equity, property)
- Fair-value / amortised-cost disclosures under IFRS
- 51 – 250 ledger movements annually
Documents Required
Documentation requirements differ for registration vs. filing; please select a category below for the breakdown.
SPV Data and Documents
Registration, tax filing, and bookkeeping each have specific document and regulatory requirements.
Substantiation
- Certificate of Incorporation or MOA or AoA
- Main trade license, including branch licenses associated with the main license
- Shareholders certificate, Business extract, Register of Members (if available)
- Emirates IDs. Passports and Trade Licenses of owners.
- Emirates IDs, Passports and Proof of Authorization of authorised signatories
Regulating Framework
- FTA Corporate Tax Law – Registration obligations under Federal Decree-Law No. 47 of 2022.
- Must register within 3 months of incorporation date.
FAQs
Frequently Asked Questions
Answers to the most common Corporate Tax filing service queries.
What does the SPV Annual Plan include?
All plans include Bookkeeping, Tax Impact Assessment, Tax Computations, Annual Corporate Income Tax Return Filing, and Compilation of Year-End Statement and Schedules. Optional add-ons include Tax Registration.
What documents do I need to provide for bookkeeping?
At a minimum: bank statements, capital confirmations, any loan agreements, and a summary of business activity. We'll also request invoices, contracts, and backup documentation for all material transactions.
Who will I work with?
You'll be assigned a dedicated account manager who coordinates document collection, accounting compilation, tax filings, and handles your queries throughout the engagement.
What is the term of engagement?
The minimum term is one (1) full financial period. Following the minimum term, the contract continues on an open-ended basis. Either party may terminate with thirty (30) days written notice after the minimum term has been completed.
Do I need to be registered with the FTA before signing up?
No. If your SPV is not yet registered, our team will handle your Corporate Tax registration and create your Tax Person profile on the FTA portal as part of the engagement.
How long does the process take?
Usually 5–10 business days from the date we receive complete records. Incomplete data may extend timelines. We recommend submitting early to avoid delays near FTA deadlines.
Do you provide support with board or shareholder resolutions?
Yes. If needed, we'll provide draft board or shareholder resolutions for approval of the financial statements or tax filings as part of your deliverables.
What's the difference between Basic, Standard, and Complex?
Basic is for minimal complexity: <25 ledger movements, revenue <AED 3m, SBR eligible. Standard matches the previous Simple tier for straightforward structures. Complex covers multi-class, multi-party, or cross-border structures requiring fuller disclosures.
Is this service available for all SPVs?
Yes—this plan is available to SPVs operating in the UAE. Annual Statements are prepared in accordance with FTA guidelines. Any Free Zone-specific filing requirements may need a separate engagement—see this link (https://kounted.ae/annual-accounts) for more information.
How are payments handled?
Pricing is per financial period. A fixed fee is payable per period. Payment terms depend on your selected service tier.
“With decades of combined experience, Kounted is uniquely positioned to support local and international businesses with their Tax requirements in the UAE.”
