Qualified Free Zone Person
The Qualified Free Zone Person status allows eligible free zone companies to benefit from corporate tax incentives, provided specific conditions are met. Many businesses assume free zone status automatically qualifies them, which is incorrect. Failure to meet QFZP criteria can result in unexpected tax liabilities.
Zama provides QFZP advisory services to help free zone companies assess eligibility, maintain compliance, and structure operations correctly.
Business Problems This Service Solves
Incorrect assumption of tax benefits
Failure to meet qualifying criteria
Poor documentation
Risk of losing free zone incentives
Compliance uncertainty
Our Scope of QFZP Services
Eligibility assessment
Review of qualifying income
Transaction level tax guidance
Compliance requirement evaluation
Documentation guidance
Ongoing advisory support
Who This Service Is For
Free zone companies
Businesses relying on tax incentives
Companies with related party transactions
Growing free zone entities
How Zama Delivers QFZP Services
Zama reviews your operations, income streams, and compliance position. We assess whether QFZP criteria are met and advise on corrective actions if needed.
Why Businesses Choose Zama
Deep understanding of QFZP rules
Clear eligibility assessment
Reduced tax risk
Ongoing compliance clarity
Frequently Asked Questions
1. Is QFZP status automatic?
No. Specific criteria must be met.
2. Can QFZP status be lost?
Yes. Non compliance can result in loss.
3. Does QFZP apply to all free zones?
Eligibility depends on activity and structure.
4. Is ongoing monitoring required?
Yes. Compliance must be maintained.