FTA Decision 7/2025: audited Tax Group financials
what is it about
Issued 16 July 2025, the Decision requires Tax Groups to prepare audited Aggregated Financial Statements under a special-purpose framework (IFRS/IFRS for SMEs basis with specified eliminations). Audit is mandatory, and submission to FTA is due within nine months of the tax period end (unless otherwise determined). It also sets principles on intra-group eliminations and how members exiting a group carry opening balances. The Decision applies for periods starting on or after 1 January 2025.
How we can help
Coordinate between your auditors and finance team, set the consolidation workbook, and prepare submission-ready packs in EmaraTax format.