Taxation &
Compliance

Professional Taxation and Compliance Services in Dubai

Taxation and Compliance hub, your compass through the intricate landscape of tax and regulatory matters. In the ever-evolving world of fiscal responsibilities, staying compliant and optimizing your tax strategies is paramount.

Whether you’re a business owner, an individual taxpayer, or a financial professional, our platform is your go-to resource. Our goal is to simplify the complexities of taxation and compliance, offering expert guidance and solutions that empower you.

Join our community of tax-savvy individuals, and together, let’s navigate the path to financial security and peace of mind. Explore our extensive resources and insights to ensure you’re on the right side of the tax code.

Following government laws and policies are mandatory for the smooth flow of business. Similarly, taxation and compliance are mandatory for a company, and delays or errors in these areas can cost you havoc.

But no worries, our expert team knows all the taxation and compliance laws and requirements that can help your business run smoothly and we’re highly committed to being a part of your stress-free business journey.

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VAT & Excise :

UAE has entered the universe of Taxes late in 2017. While Excise Tax (particularly on tobacco products and energy/carbonated drinks) was presented with impact from October 2017, Value Added Tax (VAT) has followed through from January 2018 with a much wider application.

Companies have since confronted challenges while actualizing VAT as an integral part of their business and making themselves fully VAT-compliant.

Our experienced team is always available to assist in training our clients and timely advising them with required changes and applications, designing and maintaining all required data and records. We also assist in the smooth processing of registration, preparation, and filing of periodic VAT and Excise returns.

We also do a VAT health check for your Company to ensure proper accounting procedures are being adhered to, VAT returns have been properly completed and submitted in time, and reconciliations of Input and Output VAT between accounts and VAT submissions.

Corporate taxation :

The Ministry of Finance in the UAE announced the introduction of a federal Corporate Tax (CT) on business profits effective for the financial year starting on or after 1 June 2023.

Entities must be compliant with the new tax regime and this requires accurate identification of tax implications and proactive modifications in the corporate structure and critical documents and agreements. We strive to provide the best and most efficient solutions for your business to allow ease of implementation of corporate tax and can help you to understand and evaluate the impact of UAE CT on your business and transactions and prepare your company and yourself better for the challenges that lie ahead.

The right strategy for your business is just a click away.

UAE has been one of the global leaders and is ever-changing as far as the regulatory and statutory reporting requirements are concerned. In the recent past, a number of regulations have become effective eg. ESR, AML, and CBCR reporting, which needs expert guidance. We have the knowledge, expertise, experience, and a trained team of professionals that focus on making your business compliant with the local regulatory and statutory requirements, hence streamlining your efficiency and easing the compliance process.

FAQ

Frequency Asked Question

There is no corporate tax in Dubai for most businesses, especially those in free zones. However, certain sectors, like oil and banking, may be subject to taxes.

Businesses in Dubai must comply with local regulations, including filing annual financial statements, conducting annual audits, and renewing licenses.

Compliance with ESR requires that your business conducts substantial activities within the UAE. You must maintain adequate records, submit annual notifications, and undergo an annual economic substance test.

Yes, businesses in Dubai are required to maintain proper records and accounts for at least five years. It includes invoices, receipts, and other financial documents.

Businesses with an annual turnover exceeding the mandatory registration threshold (AED 375,000) are required to register for VAT. Smaller businesses can choose to register voluntarily if their turnover is below the threshold.