RAKEZ - Amendment Financial Year - Free Zone

It is a formal statutory request submitted to the Ras Al Khaimah Economic Zone to officially change the start and end dates of a company's financial reporting period as recorded in the Memorandum of Association (MOA).

Businesses typically change their fiscal year to align with a foreign parent company's global reporting cycle, adapt to seasonal business models, or optimize internal financial auditing schedules.

Yes. To officially change your tax period with the Federal Tax Authority (FTA), you must submit an updated MOA and trade license from RAKEZ reflecting the new financial year alongside your formal board resolution.

Once RAKEZ issues your amended MOA, you must log into the EmaraTax portal, submit a "Change Corporate Tax Period" request, upload the updated corporate documents, and provide a valid commercial rationale.