Corporate Tax Consultants in Dubai

With the UAE rolling out its Corporate Tax Law, businesses must now pay close attention to compliance and tax planning. This is where experienced corporate tax consultants in Dubai play a vital role.

Whether you’re a mainland company or operating in a Free Zone, the best corporate tax consultants in Dubai, like Shuraa Tax, can help you assess your tax obligations, prepare the necessary documentation, and navigate complex regulations with ease.

From understanding exemptions to calculating liabilities, corporate tax consultants in Dubai provide expert guidance to ensure you’re fully compliant while optimising your tax strategy. By working with the best corporate tax consultants in Dubai, businesses can avoid penalties, stay ahead of deadlines, and build more substantial investor confidence.

Now is the time to stay informed, stay prepared, and partner with the right experts to thrive in the UAE’s evolving tax landscape.

Corporate Tax Consultancy Services in UAE

As the UAE advances with its federal corporate tax regime, businesses must ensure they remain compliant, efficient, and informed. Corporate tax consultancy services in the UAE are designed to help companies navigate this evolving landscape, right from tax registration to complex audits and transfer pricing regulations.

Whether you’re operating on the mainland or within a Free Zone, working with an experienced corporate tax consultant in Dubai ensures that your business remains compliant and tax-efficient.

Key Corporate Tax Services

1. Corporate Tax Registration

The first step in compliance is registering your business for UAE Corporate Tax. A qualified corporate tax consultant in Dubai can handle the complete registration process and ensure your business meets all requirements set by the Federal Tax Authority (FTA).

2. Corporate Tax Assessment

Understanding your taxable income, applicable rates, and exemptions is essential. Expert corporate tax consultants in Dubai provide precise tax assessments, enabling you to plan more effectively and avoid potential legal issues.

3. Corporate Tax Return Filing

Filing tax returns accurately and on time is mandatory. A consultancy like Shuraa Tax ensures proper documentation and timely submissions, reducing the risk of penalties and errors.

4. Corporate Tax Audit

A corporate tax audit can be daunting without professional help. Reliable consultants assist in preparing audit-ready reports and liaising with tax authorities if needed.

5. Transfer Pricing Compliance

For companies involved in cross-border or related-party transactions, complying with the UAE’s transfer pricing regulations is crucial. The best corporate tax consultants in Dubai offer in-depth support in transfer pricing documentation and reporting.

Objective of Corporate Tax Consulting in Dubai, UAE

The main objective of corporate tax consulting is to ensure that businesses operate within the legal framework while optimising their tax liabilities. It involves strategic planning, risk assessment, and ensuring compliance with local and international tax laws.

By working with trusted firms like Shuraa Tax, businesses gain access to experienced advisors, the latest regulatory updates, and a personalised approach to corporate tax management.

Suppose you’re looking for the best corporate tax consultants in Dubai. In that case, Shuraa Tax brings a team of seasoned experts who specialise in corporate tax law, FTA compliance, and financial efficiency, making them a trusted name in the UAE’s tax consulting landscape.

Exceptions and Tax Benefits in the UAE Corporate Tax Regime

The UAE Corporate Tax regime offers various exceptions and tax benefits that can significantly impact businesses and individuals.

• Some individuals are exempt from corporate tax in the UAE
• Companies earning income outside the UAE can claim tax credits for taxes paid in other jurisdictions, effectively exempting them from UAE tax on those profits.

Who is Included in the UAE Corporate Tax Bracket?

1. Natural Persons: The UAE corporate tax regime includes sole establishments, proprietorships, and individual partners in unincorporated businesses. However, personal income remains tax-free.
2. Legal Persons: Legal Persons include UAE companies and entities incorporated in the UAE, as well as foreign entities with a permanent establishment or earning income in the UAE. This category encompasses Limited Liability Companies (LLCs), Private Shareholding Companies (PSCs), Public Joint Stock Companies (PJSCs), and other legally established entities. Businesses can consult corporate tax consultants in Dubai to understand corporate tax implications on their profits.

Navigating UAE Corporate Tax Filing Deadlines

Adhering to corporate tax filing deadlines is a vital part of corporate tax compliance. Missing deadlines can lead to penalties that affect your business’s finances and reputation. Timely and accurate filing is essential to avoid these risks.

Corporate tax consultants in Dubai specialise in keeping businesses on track with tax filings. They manage everything from preparing tax returns to submitting them on time. Their understanding of local and international tax laws ensures that your business stays compliant and avoids unnecessary fines. Working with a corporate tax advisory in the UAE provides peace of mind, knowing that all filing deadlines are met efficiently.

Benefits of Hiring Corporate Tax Consultants in Dubai

Hiring corporate tax consultants in UAE brings several benefits to businesses, especially with the new corporate tax regulations. These professionals provide personalised tax solutions, ensuring that your business optimises its tax liabilities while complying with the law.

Here are some key advantages:

1. Regulatory Expertise: Stay compliant with evolving UAE tax laws, including the latest corporate tax requirements. This ensures your business avoids penalties.
2. Custom Tax Strategies: Develop tailored strategies to optimise tax liabilities and maximise deductions.
3. Increased Efficiency: Outsource tax tasks to focus on core business operations.
4. Risk Mitigation: Identify and reduce potential tax risks and avoid costly mistakes.
5. Support for International Operations: Helps with international tax treaties and compliance for cross-border business.
6. Stay Updated: Keep informed about changes in tax legislation and new opportunities.
7. Financial Planning: Improve cash flow management through effective tax planning.
8. Dispute Representation: Get support in tax disputes with authorities.
9. Networking Opportunities: Gain access to valuable industry connections.
10. Cost-Effectiveness: Save on taxes and penalties, making it a wise investment.

Corporate tax consultants enhance compliance, reduce liabilities, and support business growth in Dubai’s competitive market.

Corporate Tax Consulting Service in UAE

Shuraa Tax Auditing offers a comprehensive suite of corporate tax services in the UAE to meet the diverse needs of businesses. Our specialised services cover all aspects of corporate tax management, ensuring accurate handling of tax liabilities.

Our expert tax consultants assist with the following:

• Corporate tax provisions and rates
• Exempt persons and businesses
• Taxable income calculations
• Corporate tax relief and deductions
• Related party transactions
• Tax loss and group provisions
• Corporate tax registration and deregistration
• Filing tax returns and addressing clarifications
• Compliance with anti-abuse rules and transitional provisions

Trust Shuraa Tax Auditing for a thorough and compliant approach to corporate tax services in the UAE.

Corporate Tax Compliance in Dubai

Corporate tax, introduced in the UAE in 2023, is a direct tax on the income of corporations. It applies to most businesses across the Emirates.

Corporate Tax Rates:

• 9%: Applies to taxable profits over AED 375,000 (approx. $102,000).
• 0%: Applies to taxable income up to AED 375,000, providing relief for small businesses.

Exceptions

• Foreign banks: A flat rate of 20% applies under specific emirate decrees.
• Oil & Gas companies: Subject to individual tax agreements.
• Multinational Enterprises: Different rates apply to those under the OECD’s BEPS 2.0 framework with global revenue exceeding AED 3.15 billion (approximately $860 million).

Taxable Persons include

• Resident Persons: UAE companies, foreign firms managed in the UAE, and individual businesses with over AED 1 million turnover annually.
• Non-Resident Persons: Companies with a UAE presence or UAE-sourced income.

For expert guidance, consider hiring a corporate tax consultant in Dubai to navigate these regulations.

How to Choose the Right Corporate Tax Consultant?

Choosing the right corporate tax consultant is essential for compliance and optimising tax strategy. Start by evaluating their qualifications and experience in your industry, ensuring they are well-versed in UAE tax laws and recent changes.

Consider the range of services they offer, such as tax planning and audit support, to ensure they meet all your needs. Request client references, read reviews to gauge their reputation, and look for strong communication skills to clearly explain complex issues.

Inquire about their fee structure to ensure transparency and verify that they utilise modern tax software for efficiency. Lastly, choose a consultant who provides ongoing support throughout the year. Considering these factors, you can select a corporate tax consultant who will effectively enhance your business’s tax compliance and strategy.

Top 10 Corporate Tax Consultants in Dubai, UAE

The top 10 corporate tax consultants in Dubai, UAE, are as follows:

1. Shuraa Tax

Shuraa Tax is a leading corporate tax consultancy firm in Dubai, recognised for its expertise in navigating the complexities of the UAE’s tax landscape. Established to provide comprehensive tax services, Shuraa aims to help businesses ensure compliance while optimising their tax liabilities.

Services: Corporate Tax Advisory, Tax Compliance, VAT Consulting, Tax Planning, Tax Audit Support, Transfer Pricing Services, Risk Management, Training and Workshops

2. Farahat & Co.

Known for its expert knowledge and professional assistance, Farahat & Co. offers a range of tax services, including corporate tax and VAT advisory services.

Services: Auditing, Accounting, VAT Consulting, Liquidation, Trademark Registration, Payroll & HR Services.

3. A&A Associate LLC

Renowned for tax advisory and dispute resolution, they create effective tax strategies for clients.

Services: Accounting, Audit, Advisory, Legal Services, Assurance.

4. Taxman Tax Consultancy

This consultancy features a team of tax experts providing VAT implementation and compliance services.

Services: VAT, Financial Management, Legal Advisory, Accounting Software Consultancy, Corporate Tax.

5. BMS Auditing

Guides UAE’s tax system, focusing on compliance and planning.

Services: Audit, Accounting, Corporate Tax, VAT Services, Mergers & Acquisitions.

6. Accruon Consultant LLC

It offers extensive tax-related services, including VAT and corporate tax assistance, and has a strong reputation in the UAE.

Services: Corporate Tax, VAT Audit, Economic Substance Regulations, Management Consultancy.

7. Mazars

A prominent firm that assists clients in navigating the UAE’s complex taxation, including transfer pricing and corporate tax planning.

Services: Audit, Business Advisory, Financial Advisory, Tax Compliance.

8. Charles and Darwish Associates (CDA)

Offers various accounting and auditing services to achieve favourable tax outcomes.

Services: Accounting, Audit, VAT, Payroll Services.

9. Sajjad Haider & Co.

Established in 1998, this firm is well-regarded for its advisory services and has strong international connections.

Services: Audit, Tax, Advisory.

10. Deloitte

A global leader in tax consultancy, offering comprehensive services, including audits and VAT compliance.

Services: Audit, Consulting, Financial Advisory, Tax.

These firms provide a range of services tailored to meet diverse corporate tax needs, ensuring compliance and supporting strategic planning.

Corporate Tax Advisory Services in Dubai

As UAE’s business income taxes undergo continuous reforms, staying well-informed and compliant is crucial. Seeking guidance from a tax professional firm is the best way to navigate this evolving landscape.

Ready to ensure your business is compliant with the UAE’s corporate tax laws? Trust Shuraa Tax for comprehensive and reliable corporate tax consulting services in Dubai. Reach out today at +971 508912062 or info@shuraatax.com for a consultation.

FAQs

Q1. What Services do corporate Tax Consultants in Dubai provide?

Corporate tax consultants assist businesses in Dubai in staying compliant with UAE tax regulations. Services include tax planning, advisory, compliance, transfer pricing, and audit support.

Q2. How Much Do Corporate Tax Consultants Charge in Dubai?

Fees range from AED 1,500* to AED 10,000 per month, depending on the scope of services and the size of the business.

Q3. Are Corporate Tax Consultants Necessary for Free Zone Companies?

While not mandatory, corporate tax consultants are beneficial for free zone companies to navigate regulations, maximise tax incentives, and avoid penalties.

Q4. How to Choose the Best Corporate Tax Consultant in Dubai?

When selecting the best corporate tax consultants in Dubai, look for firms with proven experience in UAE tax laws, a strong client portfolio, transparent pricing, and end-to-end tax services. Client testimonials and industry reputation also play a key role.

Q5. Can a Corporate Tax Consultant Help with Tax Return Filing?

Yes, a corporate tax consultant in Dubai can handle the entire tax return filing process — from data collection and documentation to submission and compliance with Federal Tax Authority (FTA) requirements.

Q6. Do Corporate Tax Consultants in Dubai Offer Transfer Pricing Services?

Absolutely. Many corporate tax consultants in Dubai provide expert assistance with transfer pricing documentation, policy creation, and audit defense, helping businesses comply with OECD guidelines and UAE-specific regulations.

Q7. Are Corporate Tax Consultants in Dubai Also Useful for Startups and SMEs?

Yes. Whether you’re a startup or an SME, working with a corporate tax consultant in Dubai ensures that your business is structured tax-efficiently from the beginning, helping avoid costly mistakes and take advantage of available exemptions.

Q8. Do the Best Corporate Tax Consultants in Dubai Offer Ongoing Support?

Most of the best corporate tax consultants in Dubai offer ongoing support, including monthly reviews, real-time updates on law changes, audit representation, and strategic tax planning customised to your business’s growth.

Q9. Can a Corporate Tax Consultant in Dubai Help with Penalty Reduction?

Yes. A corporate tax consultant in Dubai can identify non-compliance issues, guide you through voluntary disclosures, and liaise with the FTA to help reduce or avoid penalties.

Q10. Do Corporate Tax Consultants Assist in VAT & Excise Tax Too?

Many corporate tax consultants in Dubai also offer comprehensive tax services, including VAT registration, VAT return filing, and excise tax advisory, providing a one-stop solution for all tax obligations.