Federal Tax Authority

Ministerial Decision No. 84 of 2025 on Audited Financial Statements Requirements

Prescribes which categories of Taxable Persons must prepare audited (rather than merely reviewed) financial statements for Corporate Tax purposes, underpinning subsequent guidance such as Public Clarification CTP007 on Tax Group audited statements. Issued 25 March 2025, published on FTA's Official Gazette listing 10 October 2025 — flagged for date uncertainty.

What firms should do

Yes — taxable persons should confirm whether they fall within the mandatory audit thresholds

Regulator: Federal Tax Authority
Type: Ministerial Decision
Status: Final/In Force
Published: 10 Oct 2025
Reference: Ministerial Decision No. 84 of 2025
Topic: Corporate Tax
Impact: Medium

Read it on the regulator's website

Found automatically on the regulator's website and summarised by AI by Arakan Lexara. Not legal advice; check the official source before relying on it.

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Ministerial Decision No. 84 of 2025 on Audited Financial Statements Requirements

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