TAX UAE

Corporate Tax Consultant in Dubai, UAE

Corporate Tax Consultant in Dubai, UAE

UAE TAX By  July 13, 2022 0 2
Corporate Tax Consultant in Dubai

Corporate Tax Consultant in Dubai : Our company assists businesses in the UAE in complying with their corporate tax obligations. Our team of tax professionals has extensive experience in helping businesses understand and comply with the tax laws. Our Corporate tax consultants provide you with clear and current advice on business tax issues in Dubai, UAE. As a result of our experience and knowledge in this field, we are trusted by our clients with their CT compliance requirements.

Our team of experts examines your company, its products and services, and your business transactions in detail. Our company performs company tax calculations based on what we know, and we ensure that they are in compliance with the law. Since we have worked with clients in a variety of industries and are focused on achieving results, we are able to ensure that your business pays the right amount of taxes.

Corporate Tax Consultant in Dubai – Corporate Tax in UAE

The Ministry of Finance has announced the introduction of a 9% federal corporate tax in the UAE on business profits with a threshold of AED 375,000. This comes into effect from the financial year beginning 1st June 2023.

UAE Corporate Tax is amongst the most competitive in the world and the lowest in the GCC. The UAE CT is a Federal tax and will therefore apply across all Emirates and The Federal Tax Authority will be responsible for the administration, collection, and enforcement of UAE CT.


Corporate Tax Consultant in Dubai : FAQ

What is Corporate Tax?

Corporate Tax is a form of direct tax levied on the net income or profit of corporations and other businesses.

Corporate Tax is sometimes also referred to as “Corporate Income Tax” or “Business Profits Tax” in other jurisdictions.

Why is the UAE introducing CT?

A competitive CT regime based on international best practices will cement the UAE’s position as a leading global hub for business and investment, and accelerate the UAE’s development and transformation to achieve its strategic objectives

Introducing a CT regime reaffirms the UAE’s commitment to meeting international standards for tax transparency and preventing harmful tax practices

Will any income be exempt from UAE CT?

Dividends and capital gains earned by a UAE business from its qualifying shareholdings will be exempt from UAE CT


Contact us: +971 4 4518600 | info@dubaivat.com

Related: VAT UAE

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About Us

Saif Chartered Accountants is a reputable firm of Chartered Accountants based in Dubai, specializing in auditing, accounting  and Tax Services establishment in 1994, we have expanded our presence with offices in Dubai, Abu Dhabi, Sharjah, the UK, and India.

We provide a comprehensive array of UAE tax services, including specialized desks for corporate tax and VAT, catering to the specific needs of businesses.

Dubai
Abu Dhabi

Tax, Accounting, & Auditing Solutions

Contact

+971 4 4518 600

 

  +971 2 6756 726

Reach out to us today!