The current UAE Corporate Tax regime is full of complexities, which is why navigating it can be a gruesome task However, with Xpert Tax, you can rest assured about facing any difficulties in any tax-related matters. We offer clear and comprehensive Corporate Tax services in Dubai UAE to make sure your business is 100% compliant.
By submitting this form you agree to our Privacy Policy. We will contact you via email or phone for scheduling or marketing purposes.
Corporate Tax in UAE refers to the direct tax imposed on the overall income/profit of businesses and corporations that are operating in any of the Emirates. This crucial change in the financial system of the UAE aligns the region with global standards. This makes it very important for all UAE businesses to understand every tax obligation put forth by the authorities.
A vital distinction exists for businesses and companies that are operating within the numerous free zones of UAE. While all free zone businesses are required to register themselves for Corporate Tax in UAE, a QFZP (Qualifying Free Zone Person) can reap benefits from 0% rate on their “Qualifying Income”.
Obtaining and maintaining this status demands numerous important prerequisites, such as having enough substance in the Gulf country and generating adequate qualifying income.
Developing a deep understanding about your tax liability begins with knowing what the Corporate Tax rate in UAE is and the entities they are applicable to. Here is a detailed look:
Compliance with UAE Corporate Tax is much more than merely paying the due tax. Following are the key requirements:
Every business entity, including those operating in the free zones, are mandated to register with the FTA (Federal Tax Authority) to acquire a TRN (Tax Registration Number).
Businesses must properly prepare and file or submit a Corporate Tax Return for every financial year within a period of nine months of the year’s end.
The maintenance of accurate & complete fiscal records as well as statements is a must. These official records must be kept for a minimum of seven years.
Every transaction with the related parties must be compliant as per the principle of “Arm’s Length” in addition to being supported by the right documentation.
At Xpert Tax, we provide an A-Z suite of Corporate Tax Services to ensure your business establishment seamlessly navigates the complex UAE tax regime. Here is a detailed look at our Corporate Tax services:
Our team handles the complete process efficiently to ensure you are properly registered with the Federal Tax Authority.
We ensure your Corporate Tax returns are precisely prepared and filed on time.
Our experts offer specifically-tailored advice as per your business’ requirements to ensure you make well-informed decisions and structurize your business in a way that is highly tax-efficient.
We aid in the development and maintenance of compliant transfer pricing policies.
Experienced tax professionals at Xpert Tax guide you in preparing for tax audits and are readily available to represent you before any authoritative body.
If and when any issue arises, we are there to help you in the management of penalties and navigating the appeals process.
Are you ready to make sure your business is fully compliant with the UAE Corporate Tax laws and regulations? Get in touch with us for a free-of-cost consultation and allow our team of experts to handle every one of your Corporate Tax requirements. Connect now to avail the best Corporate Tax Services in Dubai, UAE!
Yes. Any individual having a freelance permit have to pay Corporate Tax in the UAE if their income goes past the AED 375,000* threshold.
Yes. Getting registered with the FTA is compulsory for all businesses, including the ones located in UAE Free Zones, irrespective of their expected tax liability.
No, UAE Corporate Tax is a separate form of tax and it does not replace VAT (Value Added Tax) in any manner. All businesses must be compliant with both to operate smoothly in the UAE.
Qualifying Activities are referred to as certain business activities, including manufacturing, reinsurance, and specific fund management services, that permit an entity in the Free Zone to qualify for 0% Corporate Tax rate on its income from the mentioned activities.
Strategic Insights. Lasting Impact.
B8 Building – Office 502A, Level 5 – Al Barsha 1 – Dubai – UAE
