7 September 2026 · What to Keep
Which Records You Must Maintain
You must keep all records that let the FTA verify your taxable income: financial statements, general ledgers and journals; invoices, contracts, receipts and bank records; records of assets, liabilities and provisions; and shareholding, related-party and connected-person records. The set should reconcile to your return and support every figure in it, so nothing in an FTA review is unexplained.
Exiloz Management & Tax Consultant · Dubai-based FTA-focused advisory · VAT, corporate tax & accounting
The financial records
The backbone of the file.
- Financial statements and trial balances.
- General ledgers and journals.
- Invoices, contracts and receipts.
- Bank statements and reconciliations.
Balance-sheet and ownership
The FTA looks beyond the P&L.
- Records of assets and liabilities.
- Provisions and adjustments.
- Shareholding and ownership records.
- Related-party and connected-person data.
Related guides
Frequently Asked Questions
For building a complete file.
Do I need to keep contracts?
Yes. Contracts, invoices and receipts all support the figures in your return and should be kept.
Do I keep related-party records?
Yes. Shareholding, related-party and connected-person records are part of the required set.
Should records reconcile to my return?
Yes. The records must let the FTA verify and reconcile every figure in your return.
Can Exiloz organise our records?
Yes. We build a complete, reconciled record set for corporate tax.
Keep the right records
Exiloz builds a complete, reconciled record set that supports your return.