Zero Penalty Assurance is The Accountants Factory’s written promise that, where your data reaches us by the agreed cut-off dates, no FTA penalty arises from late or incorrect filing. If a penalty does arise from a mistake in our submission, we bear the fine. The cut-offs are the 5th for monthly data, the 15th after the period closes for VAT, and an agreed date for Corporate Tax.
What is the Zero Penalty Assurance, word for word?
This is what the assurance says:
Where your data reaches us by the agreed cut-off dates, we assure that no FTA penalty will arise from late or incorrect filing. Should a penalty arise from a mistake in our submission, we bear that fine, and we confirm this assurance to you in writing.
It is a promise about the filings we prepare and submit. It is not a promise about tax you owe; tax due is still tax due. What it covers is the fine that comes from a late return, a wrong return or a missed deadline.
The three cut-offs
| Work | Your data reaches us by | Why this date |
|---|---|---|
| Monthly accounting | The 5th of the following month | Books are closed, reconciled and reviewed in time for the month’s reporting. |
| VAT return | The 15th of the month after the VAT period closes | Leaves time to review and file before the FTA due date, with room for questions. |
| Corporate Tax | A date agreed with you | Tax periods differ between companies, so the date is set against your own return deadline. |
For quarterly VAT filers, the next return is for July to September and is due on 28 October 2026. For that period, your documents should be with us by 15 October. If you are reading this after that date, message us and we will tell you what can still be filed on time.
How the automatic reminders work
A promise depends on the process behind it. Reminders go out automatically ahead of every cut-off, so nobody has to remember to chase you and nobody has to chase us. You send sales, purchases, invoices, receipts, vouchers and bank statements to us online or by WhatsApp. Once they arrive, the books move forward and the filing is prepared by a CA-led team. We work in Tally in house, and we also support Odoo, Zoho, Xero and QuickBooks if you already use one of them.
Who pays a fine in each case?
This is the part owners ask about most, so here it is case by case.
| Situation | Who bears the penalty |
|---|---|
| Your data reached us by the cut-off and we filed late or wrongly | We do. This is the written assurance. |
| Your data reached us by the cut-off and we made a mistake in the submission | We do. |
| Your data reached us after the cut-off | The assurance does not apply. We still work to file on time and tell you the options at once. |
| The data you sent was incomplete or wrong, and the return reflected it | The assurance covers mistakes in our submission, so this sits outside it. We flag gaps when we reconcile, which is why the early cut-offs exist. |
| A penalty arrived from a period before you joined us | We assess it and, where it qualifies, apply for a waiver or reconsideration. |
The second last row is the reason the cut-offs are published and the reminders are automatic: they exist so a late or missing document is caught before it becomes a penalty.
Want the assurance in writing for your business? Message us on WhatsApp at +971 54 1721 823. Zero Penalty Assurance, in writing, comes with every package.
The track record behind the promise
We have 18+ years of practice and have served 572+ UAE businesses. We have had zero FTA penalties on our watch, and we have saved AED 13M+ in penalties. About 100 companies had the AED 10,000 late Corporate Tax registration penalty waived with our help. We do not publish client names or individual client results.
To see how the process works in practice, read how we prevent FTA penalties and VAT late-filing penalties. For the Corporate Tax side, see Corporate Tax late-filing penalties: the penalty is monthly, AED 500 per month for the first 12 months and AED 1,000 per month after (Cabinet Decision No. 75 of 2023), which is why a missed date costs more each month.
What this costs
Prices are fixed for the year, agreed in advance and set by the number of transactions you post each month. Packages cover VAT, Corporate Tax and books, and groups of two or three companies are quoted on request. Corporate Tax filing for sales under AED 3M is a fixed fee, quoted on request. The assurance comes with every package at no extra charge.
Why owners choose a firm that puts the promise in writing
Any accounting firm can say it keeps you compliant. The useful question is who pays, in writing, if something goes wrong. A written assurance changes the incentive: we have a reason to check each return twice and to chase your documents early. When you compare firms, ask for the terms in writing, ask for the cut-off dates, and ask who bears the fine. Our post on what to look for in an outsourced accounting firm lists more questions worth asking.
Setup takes a maximum of seven business days. We need your trade licence and the Emirates ID and passport of each shareholder. Our office is at 1503 Trident NeXus, Fahidi Heights, Bur Dubai, open Monday to Friday, 10 AM to 5 PM, and we visit clients onsite across the UAE.
Send us your documents and get a fixed price. Message us on WhatsApp at +971 54 1721 823. Zero Penalty Assurance, in writing, comes with every package.
Frequently asked questions
What is the Zero Penalty Assurance?
A written assurance that where your data reaches us by the agreed cut-off dates, no FTA penalty arises from late or incorrect filing, and that we bear any fine arising from a mistake in our submission.
What are the cut-off dates?
Monthly accounting data by the 5th of the following month, VAT data by the 15th of the month after the VAT period closes, and Corporate Tax data by a date agreed with you.
What if my documents arrive late?
The assurance applies to data that arrives by the cut-offs. If you are late we still work to file on time and tell you the options straight away.
Does the assurance cover tax I owe?
No. It covers FTA penalties for late or incorrect filing. Tax due remains payable.
Is The Accountants Factory FZE LLC the same as other firms with a similar name?
No. We are The Accountants Factory FZE LLC, 1503 Trident NeXus, Fahidi Heights, Bur Dubai, and our site is theaccountantsfactory.com.
