UAE Fixed Assets Accounting 2026: Depreciation & CT Treatment | Paci
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Bookkeeping · 2026 Guide

UAE fixed assets accounting: depreciation, disposal, and CT treatment 2026.

UAE fixed asset accounting requires a maintained fixed asset register, depreciation schedules that align with IFRS, and understanding of how disposal gains and losses are treated under Corporate Tax.

SI
Director of Finance & Advisory · Paci Finance
Updated 9 min read Verified to 2026 sources
UAE accountant maintaining fixed asset register for corporate tax compliance
UAE fixed asset register must track cost, depreciation, and carrying value — for CT depreciation deductions and disposal gain/loss calculations
Quick answer

UAE fixed assets: maintain a fixed asset register with cost, useful life, depreciation method, accumulated depreciation, and carrying value per asset. UAE CT allows deduction of depreciation per IFRS (no separate tax depreciation rates). Asset disposal gain = proceeds minus carrying value (not original cost) — taxable income if the asset was used in the business.

IFRS
Depreciation basis for UAE CT deductions
Carrying value
Base for disposal gain/loss calculation
Straight-line
Most common method for UAE SME fixed assets
7 years
Fixed asset records must be retained (CT Law)

What a UAE fixed asset register must contain

Field Notes
Asset descriptionMake, model, serial number where applicable
Asset categoryComputers, furniture, vehicles, leasehold improvements, etc.
Date of purchaseDetermines depreciation start date
Cost (AED)Purchase price + directly attributable costs (installation, transport)
Estimated useful lifeYears — set per IFRS / management judgement
Depreciation methodStraight-line or reducing balance (must be consistent)
Annual depreciationCost / useful life (straight-line); or carrying value × rate (reducing balance)
Accumulated depreciationTotal depreciation charged to date
Net carrying valueCost minus accumulated depreciation
Date of disposalIf asset sold, scrapped, or transferred
Disposal proceedsCash received (or market value for non-cash transfers)
Gain or loss on disposalProceeds minus carrying value at disposal date

Depreciation methods used in UAE

UAE Corporate Tax Law does not prescribe specific depreciation rates — it follows the taxpayer’s financial accounting treatment under IFRS (or the applicable accounting standard). Two methods dominate:

  • Straight-line method: Cost divided by useful life. A AED 100,000 computer with a 5-year life: AED 20,000/year. Simple, predictable, most common for furniture, equipment, and leasehold improvements.
  • Reducing balance method: Depreciation rate applied to the carrying value each year. A AED 100,000 vehicle at 25% reducing balance: Year 1 = AED 25,000; Year 2 = AED 18,750 (25% of AED 75,000). Front-loads depreciation — common for vehicles.
Consistent method is a CT requirement

Once you select a depreciation method for an asset class, you must apply it consistently. Switching from straight-line to reducing balance to accelerate deductions is not permitted without a genuine change in accounting policy with appropriate disclosure in the financial statements.

Asset disposal — CT treatment

When a UAE business disposes of a fixed asset (sells, scraps, or transfers), the gain or loss is:

  • Disposal proceeds minus carrying value = gain or loss. If the vehicle was fully depreciated (carrying value AED 0) and sold for AED 20,000, the gain of AED 20,000 is taxable income.
  • Gain on disposal: Included in taxable income in the period of disposal. Not a capital gain — UAE CT does not distinguish between capital and revenue gains for business assets.
  • Loss on disposal: Deductible as a business expense in the period of disposal.
  • VAT on disposal: The sale of a business asset is a taxable supply. If your business is VAT-registered, charge 5% VAT on the disposal proceeds (unless the asset is being transferred as part of a going concern).

UAE depreciation rate chart by asset class

Start with the point that trips most people up: the UAE has no statutory depreciation rate table. There is no equivalent of an Indian Companies Act schedule or a UK capital allowances regime. Corporate Tax follows your accounting treatment under IFRS, so the rate in your books is the rate you deduct — provided the useful life you chose is reasonable and you apply it consistently.

What businesses actually need, then, is a defensible benchmark. The rates below are the useful lives commonly applied by UAE companies under IAS 16 and accepted in practice by auditors. Use them as a starting point and document any departure.

Asset classTypical useful lifeStraight-line rateReducing-balance rate (indicative)
Computers, laptops, tablets3 – 4 years25% – 33.3%40% – 50%
Servers and network equipment4 – 5 years20% – 25%30% – 40%
Software and licences (capitalised)3 – 5 years20% – 33.3%Not commonly used
Office furniture and fittings5 – 10 years10% – 20%15% – 25%
Office equipment (printers, AV)4 – 5 years20% – 25%25% – 33%
Motor vehicles — cars4 – 5 years20% – 25%25% – 33%
Motor vehicles — commercial / heavy5 – 8 years12.5% – 20%20% – 25%
Plant and machinery — light5 – 10 years10% – 20%15% – 25%
Plant and machinery — heavy industrial10 – 15 years6.7% – 10%10% – 15%
Tools and small equipment2 – 4 years25% – 50%40% – 50%
Leasehold improvements / fit-outOver the lease term100% ÷ lease yearsNot appropriate
Buildings (owned, excluding land)20 – 40 years2.5% – 5%Not commonly used
LandNot depreciated
Investment property at fair value (CT election)Statutory rule, see below4% of original costNot applicable
These are benchmarks, not a legal schedule

Because there is no official UAE rate table, an auditor or the FTA will test whether your useful life is commercially reasonable for the asset and applied consistently across the class. A three-year life on a building or a fifteen-year life on laptops will be challenged. Write down the basis for each class once, in an accounting policy note, and you have your answer ready.

Working out the rate from a useful life

Straight-line rate = 1 ÷ useful life in years. A five-year life is 20% a year; a four-year life is 25%; a three-year life is 33.3%. Reducing-balance rates are higher for the same life because the charge falls each year — the asset is never quite written to zero, which is why a residual value or a final-year write-off is needed.

Worked example — depreciation and the Corporate Tax deduction

A Dubai company buys a delivery van in March 2026.

ItemAmount / basis
Invoice priceAED 120,000
Registration, delivery and fitting outAED 8,000
Capitalised costAED 128,000 (purchase price plus directly attributable costs)
Useful life chosen5 years
Residual value estimatedAED 18,000
Depreciable amountAED 128,000 − AED 18,000 = AED 110,000
MethodStraight-line
Annual depreciationAED 110,000 ÷ 5 = AED 22,000
Effective rate on cost17.2% per year
First-year charge (10 months, March to December)AED 22,000 × 10/12 = AED 18,333
Corporate Tax deduction, year 1AED 18,333 — the accounting charge, unchanged
CT saved at 9%About AED 1,650 in year 1
Depreciate from the date the asset is ready for use

Not the invoice date, and not the payment date. A machine delivered in November but not commissioned until January is depreciated from January. Getting this wrong is the most common first-year error, and it moves the deduction into the wrong tax period.

Note what does not happen here: there is no separate tax computation, no capital allowance pool and no adding back the accounting charge to substitute a statutory rate. Under UAE Corporate Tax the accounting depreciation is the deduction. The one significant exception is investment property held at fair value, below.

The one statutory rate: 4% on investment property at fair value

If your business holds investment property measured at fair value rather than at cost, you take no accounting depreciation at all — and until recently that meant no Corporate Tax deduction either. Ministerial Decision No. 173 of 2025 changed that, and it is the only place UAE Corporate Tax law puts an actual percentage on depreciation.

PointRule
What you can deductThe lower of 4% of the original cost of the property, or the tax written down value at the start of the tax period
PeriodPer 12-month tax period, prorated for a shorter period
PreconditionYou must elect the realisation basis for gains and losses under Article 20(3) of the Corporate Tax Law
Scope of the electionApplies to all qualifying investment properties held at fair value, not property by property
Is it reversible?No. The election is irrevocable
When to make itIn the return for the first applicable tax period, the period the property is first acquired, or the first period after leaving Small Business Relief
Miss the deadline?Eligibility is permanently lost
On disposalThe total depreciation claimed under the election is added back to taxable income, unless the transfer falls within the Tax Group or Article 26 / 27 reliefs
Applies fromTax periods starting on or after 1 January 2025
Irrevocable, and the deadline is unforgiving

This is a one-shot election made in a specific return. Property-holding companies that measure at fair value should decide before filing, not afterwards — there is no mechanism to go back and claim it later. Model the add-back on disposal too: the deduction is a timing benefit, not a permanent one.

Vehicle depreciation in the UAE — and the VAT trap

Vehicles get asked about more than any other asset class, partly because the depreciation is straightforward and the VAT treatment is not.

Depreciation

Passenger cars are typically depreciated over 4 to 5 years, giving 20% to 25% a year on a straight-line basis. Commercial and heavy vehicles run longer, 5 to 8 years. Residual values matter more for vehicles than for most classes — a car with a real resale value of AED 30,000 at the end of five years should not be depreciated to zero, and doing so overstates the deduction now and creates a taxable gain on sale later.

The VAT trap

Vehicle situationInput VAT on purchaseInput VAT on running costs
Car available for private use by staffBlockedBlocked in the same proportion
Pool car, business use only, kept at the premisesRecoverable if genuinely no private availabilityRecoverable
Commercial vehicle (van, truck, bus)RecoverableRecoverable
Vehicle held as trading stock by a dealerRecoverableRecoverable
Vehicle used for a taxi or driving-school businessRecoverableRecoverable
‘Available for private use’ is the test, not actual private use

The FTA looks at whether the vehicle could be used privately, not whether it actually was. A car that goes home with an employee each night is available for private use even if every trip is a business trip. If you intend to recover the input VAT, the vehicle needs to stay at the premises and you need a policy and a log that show it.

The VAT position does not change the depreciation. Where input VAT is blocked, it forms part of the capitalised cost of the vehicle and is depreciated along with the rest of it.

Seven fixed-asset mistakes that cost money at audit

The mistakeWhy it costsWhat to do instead
Expensing assets below an arbitrary threshold with no written policyInconsistent treatment across years draws an audit querySet a capitalisation threshold in writing (commonly AED 3,000 – 5,000) and apply it
Depreciating from the invoice dateDeduction lands in the wrong tax periodDepreciate from the date the asset is ready for its intended use
Depreciating landOverstates the deduction; land has an indefinite lifeSplit the land and building components on any property purchase
Zero residual value on everythingOverstates depreciation now, creates a taxable gain on disposalEstimate residual value for vehicles and heavy plant
Never removing disposed assets from the registerGhost assets keep generating a deduction that does not existReconcile the register to a physical count once a year
Switching methods to accelerate the deductionNot permitted without a genuine policy change and disclosureChoose per class at the outset and stay with it
Leasehold improvements written off over a standard 5 yearsWrong where the lease is 3 years or 10 yearsDepreciate over the lease term, or the useful life if shorter
The annual physical verification is the control that pays for itself

Walk the office once a year with the register in hand and tick off what is actually there. Most UAE businesses running this for the first time find between 5% and 15% of the register no longer exists — assets scrapped, lost or replaced without anyone telling finance. Every one of those was still being depreciated.

Fixed asset register out of date?

We rebuild and maintain UAE fixed asset registers, calculate depreciation, and advise on CT and VAT treatment of disposals. Fixed fee.

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Frequently asked questions

Does UAE have separate tax depreciation rates?

No. The UAE Corporate Tax Law follows the taxpayer’s financial accounting treatment (IFRS or applicable standard). There are no separate capital allowance rates or tax depreciation tables like those in some other jurisdictions. The depreciation rate in your accounts is the CT deduction.

Is a gain on selling a business asset taxable in UAE?

Yes. Gains from selling business fixed assets (e.g., selling a fully depreciated vehicle for AED 30,000) are included in taxable income. UAE CT does not have a separate capital gains tax — all disposal gains from business assets are income.

Do UAE businesses charge VAT when selling fixed assets?

Yes — if VAT-registered. Selling a business asset is a taxable supply. Charge 5% VAT on the disposal proceeds. Exception: if assets are sold as part of a going concern transfer (entire business sale), a VAT relief may apply — advice specific to the transaction is recommended.

How long should UAE businesses keep fixed asset records?

7 years under the UAE Corporate Tax Law. The fixed asset register, purchase invoices, depreciation schedules, and disposal records must be retained. FTA auditors may review these to verify depreciation deductions in CT returns.

What is the useful life for common fixed assets in UAE?

Common IFRS/industry estimates: computers 3–5 years, office furniture 5–10 years, vehicles 3–5 years, leasehold improvements over the lease term, machinery 5–15 years. UAE businesses may use shorter useful lives if there is commercial justification.

What is the depreciation rate in the UAE?

There is no statutory UAE depreciation rate table. Corporate Tax follows your IFRS accounting treatment, so the rate you use in your books is the rate you deduct. In practice UAE businesses apply: computers 25% to 33.3% (3 to 4 years), office furniture 10% to 20% (5 to 10 years), motor cars 20% to 25% (4 to 5 years), plant and machinery 6.7% to 20% (5 to 15 years), and buildings 2.5% to 5% (20 to 40 years). Leasehold improvements are written off over the lease term. The single statutory percentage in UAE Corporate Tax law is the 4% rule for investment property held at fair value.

Is there an official depreciation rate chart in the UAE?

No. Unlike jurisdictions with a prescribed schedule or a capital allowances regime, the UAE Corporate Tax Law accepts the depreciation recorded in your financial statements under IFRS or the applicable standard. What is tested is whether the useful life you chose is commercially reasonable for that asset and applied consistently across the class. Documenting the basis for each asset class in an accounting policy note is what makes it defensible.

What is the depreciation rate for vehicles in the UAE?

Passenger cars are typically depreciated over 4 to 5 years, which is 20% to 25% a year on a straight-line basis. Commercial and heavy vehicles run 5 to 8 years, or 12.5% to 20%. Set a realistic residual value rather than depreciating to zero, otherwise you overstate the deduction now and create a taxable gain when you sell. Separately, input VAT on a car that is available for private use is blocked, and that blocked VAT is capitalised into the cost and depreciated with it.

Can I claim depreciation on investment property held at fair value?

Yes, since Ministerial Decision No. 173 of 2025, for tax periods starting on or after 1 January 2025. The deduction is the lower of 4% of the original cost per 12-month period or the tax written down value at the start of the period. You must first elect the realisation basis under Article 20(3), the election covers all your fair-value investment properties, it is irrevocable, and it must be made in the return for the first applicable period — miss it and eligibility is permanently lost. On disposal the depreciation claimed is added back to taxable income.

Straight-line or reducing balance — which should a UAE business use?

Straight-line for most asset classes: it is simpler, it matches how office assets actually give up value, and it is what auditors expect. Reducing balance suits assets that lose most of their value early, typically IT hardware and some vehicles. The choice matters less than the consistency — once you set a method for an asset class you must keep it, and switching to accelerate a deduction is not permitted without a genuine change in accounting policy and disclosure in the financial statements.

When does depreciation start on a new asset in the UAE?

From the date the asset is ready for its intended use, not the invoice date and not the payment date. Equipment delivered in November but commissioned in January is depreciated from January. The first year is prorated for the number of months in use, so an asset ready in March gives ten twelfths of a full year’s charge.

SI

Shreya Iyer, CA CFA

Director of Finance & Advisory · Paci Finance

Shreya is a Chartered Accountant and CFA charter-holder with a decade of Big-4 advisory experience across UAE, India and the UK. At Paci she leads bookkeeping, audit-prep, and strategic-finance engagements for SMEs and high-growth startups.

Your fixed asset register is a Corporate Tax document — not just a bookkeeping record.

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