UAE freelance permit holders cross the AED 375,000 corporate tax threshold faster than they expect. Pull client payments out of your ENBD PDF in seconds.
Convert your Emirates NBD statementIf you hold a UAE freelance permit — mainland through the Ministry of Human Resources, or free-zone through DMCC, IFZA, RAKEZ, or one of the other authorities — the 9% corporate tax that came in force in June 2023 applies to profits above AED 375,000. Below that threshold, the return is still required; it just shows zero tax. Either way the FTA wants P&L numbers tied to actual bank movements.
Emirates NBD is the largest retail bank in the UAE and the default salary account for a large share of expat professionals. That means freelance income lands in the same current account as Salik top-ups, DEWA bills, school fees, and grocery POS purchases. A converted spreadsheet lets you isolate client wires and qualifying business expenses in minutes.
Emirates NBD issues an English-dominant PDF with dates in DD/MM/YYYY format. Transaction labels are prefixed with channel codes: POS- for card purchases, ATM- for cash withdrawals, TRF- for transfers, IB- for internet banking. Foreign client wires arrive as 'INWARD REMITTANCE' followed by the sender's SWIFT BIC and the AED-converted amount alongside the original currency.
Multi-currency holders see AED and foreign currency columns side by side. The AED is pegged to the USD at 3.6725 since 1997, so USD wires land at a near-fixed rate — useful as a sanity check when you reconcile against a Stripe or Wise payout.
The FTA wants business revenue separated from personal flows and reimbursements. Pull out inbound client wires, qualifying business expenses, and any VAT-bearing supplier payments. Leave personal POS and family transfers in a separate bucket.
English-dominant PDF. Dates in DD/MM/YYYY format. Multi-currency statements show AED and foreign currency amounts in parallel columns. Digital QR code on official statements for authenticity. Transaction labels prefixed with channel codes: POS-, ATM-, TRF-, IB- (internet banking). Page breaks may split single transactions across pages in long statements.
| Label | Meaning |
|---|---|
| POS-PURCHASE- | Point-of-sale card payment at a merchant |
| ATM WITHDRAWAL | Cash withdrawal from ATM |
| SALARY CREDIT | Monthly salary deposited via WPS or direct transfer |
| SALIK | Dubai road toll deduction (Salik RFID system) |
| ETISALAT / du | Telecom bill payment to UAE mobile operators |
UAE freelance permit holders are subject to 9% corporate tax on profits above AED 375,000 (since June 2023); statements must distinguish service income from personal transfers to calculate taxable profit.
Download your Emirates NBD PDF
Open ENBD Mobile, go to Accounts, request a 12-month statement, and save the PDF. Drop it into Kashfbank. English-dominant statements with QR authentication codes are read directly — no OCR fallback needed.
Verify currency and period
Confirm AED as the base currency and that the date range covers your full tax period (calendar year for most UAE freelancers). If you also hold a USD or EUR sub-account, upload that PDF separately — each currency becomes its own sheet.
Filter to freelance income only
Sort by Category. Keep International Wire and Inbound Transfer rows. Drop POS purchases, Salik, DEWA, and family transfers unless you can defend them as business expenses. What remains is your gross freelance revenue.
Export to Excel or CSV
Download the filtered file. Columns match the Date, Description, Debit, Credit, Balance, Category layout that Zoho Books (UAE VAT edition) imports without remapping.
Common challenges
Does Kashfbank handle multi-currency Emirates NBD statements?
Yes. If your ENBD account holds AED, USD, and EUR, each currency becomes its own sheet in the output Excel file. The bank's printed FX rate stays on each row, so you can reconcile a USD client wire against the AED that landed.
I have a free-zone freelance permit. Does the 9% corporate tax apply to me?
Qualifying Free Zone Persons can still claim 0% on qualifying income if they meet the FTA's conditions, but the return is mandatory regardless. The converted statement gives you the revenue figure either way. We do not give tax advice — check with a UAE-registered tax agent for your specific situation.
Will the SWIFT sender name from an inbound wire stay in the export?
Yes. Emirates NBD prints the SWIFT BIC and sender name in the INWARD REMITTANCE description. Kashfbank keeps the full descriptor on the row, so each deposit can be matched back to a Stripe, Wise, Upwork, or direct client invoice.
Do I need to keep the original Emirates NBD PDF after converting?
Yes. The FTA requires source documents for at least seven years. Keep the original ENBD PDF with the QR authentication code alongside your CSV export and invoice records.
Tax Preparation
Convert PDF bank statements to clean spreadsheets for Zakat, VAT, corporate tax, and self-assessment filings across GCC and international markets.
Loan Applications
Prepare clean, lender-ready bank statement exports that prove stable income and responsible financial behavior for personal and business loan applications.
Mortgage Applications
Prepare 6–12 months of verified, structured bank statement data for mortgage underwriting — covering down payment seasoning, income stability, and GCC real estate requirements.
Regulator: Central Bank of the UAE (CBUAE)
Fiscal year: Jan 1 – Dec 31 (Gregorian)
Full country guide →Statement language: English