TaxSavvyAE

Audit for a tax group

We formed a Corporate Tax group. Does the group need audited accounts?

The situation

Yes. Tax groups must prepare audited special purpose financial statements under Ministerial Decision 84 of 2025, with form and procedures to be set by the FTA.

The law

  • Ministerial Decision 84 of 2025: Audited special purpose statements for tax groups

What it means for you

Example: three UAE companies forming a tax group need combined special purpose statements audited, even if each is small. Factor the audit cost into the decision to group.

What to do

  1. Confirm the group members.
  2. Plan special purpose combined statements.
  3. Engage an auditor.
  4. Check FTA guidance on form.

We can do this for youBookkeeping, accounting standards and audited financial statements: what the FTA, free zones and banks require: AED 800

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