31 August 2026 · How To
How to Elect the Relief
Business restructuring relief is not automatic; you must elect it. The election is made and documented in connection with the corporate-tax return for the period of the transfer, and the business is transferred at its tax written-down value so no gain or loss arises. Keep full documentation of the transfer, the values, and the commercial reasons in case of an FTA review.
Exiloz Management & Tax Consultant · Dubai-based FTA-focused advisory · VAT, corporate tax & accounting
The election
You must choose the relief.
- Elect Article 27 relief for the transfer.
- Document it with the corporate-tax return.
- Transfer at tax written-down value.
- No gain or loss arises on transfer.
Records to keep
Evidence protects the relief.
- Transfer agreement and valuations.
- Commercial-reasons memo.
- Continuity of ownership evidence.
- Post-transfer monitoring for the clawback.
Related guides
Frequently Asked Questions
For making the election correctly.
Is the relief automatic?
No. You must elect Article 27 relief and document it with the corporate-tax return.
At what value is the business transferred?
At its tax written-down value, so no gain or loss arises on the transfer.
What records should I keep?
The transfer agreement, valuations, commercial-reasons memo and ownership continuity evidence.
Can Exiloz make the election?
Yes. We prepare and document the election and the supporting file.
Elect it correctly
Exiloz makes and documents your Article 27 election with a full support file.