What annual compliance items must a free zone company track to stay eligible for 0%?

A Qualifying Free Zone Person has to confirm every year that its qualifying income genuinely comes from activities on the approved list, that non-qualifying income stays under the de minimis threshold, and that it has real economic substance (office, staff, operating expenses) in the free zone itself — not just a mailing address. Missing any one of those conditions disqualifies the entire year, not just part of it.

There are also parallel obligations to track regardless of tax eligibility: renewing the trade license on time, filing an Economic Substance Regulations (ESR) notification if the activity is in scope, and keeping UBO (ultimate beneficial owner) details updated. At RASEEKH, we build you a personal annual tracking list based on your specific activity and license, to review every quarter instead of discovering a gap at filing time.