ERP Software for UAE Businesses

UAE Corporate Tax took effect for financial years starting on or after June 1, 2023, applying a 9% rate on taxable income exceeding AED 375,000. This was a major shift for businesses accustomed to zero corporate taxation. ERP systems must now track taxable income, apply the correct thresholds, and maintain the documentation required under the corporate tax regime. Yukti handles corporate tax calculations and generates the supporting schedules needed for filing.

The Wage Protection System (WPS) is a mandatory payroll framework administered by the Ministry of Human Resources and Emiratisation (MOHRE). All employers registered with MOHRE must pay salaries through approved banks or exchange houses and submit a Salary Information File (SIF) that meets exact formatting standards. MOHRE monitors these payments electronically, and if salary payments are delayed past 17 days from the due date, the company's ability to issue new work permits is blocked. Yukti generates WPS-compliant SIF files and integrates with approved payment channels to ensure timely salary disbursement.

UAE e-invoicing becomes mandatory starting July 2026 for large companies with annual revenue above AED 50 million, with full nationwide rollout completing by January 2027. The system will require businesses to transmit invoices through FTA-accredited e-invoicing providers. Yukti is building integration with the FTA e-invoicing infrastructure ahead of the mandate deadline.

The UAE's position as a regional business hub means many companies operate across free zones and the mainland, each with different licensing and reporting requirements. Free zone companies may qualify for 0% corporate tax under specific conditions. Yukti supports multi-entity operations with separate reporting for free zone and mainland businesses within a single system.