Expert Corporate Tax Services in Dubai

Our complete suite of corporate tax services in Dubai covers every step of your company’s fiscal life cycle: 

1. Corporate Tax Impact Assessment Services

To submit returns, or change operations, it is essential to first perform a strategic Corporate Tax Impact Assessment in Dubai. We review your business contracts, expenses, income and current group arrangements to determine your actual tax exposure. This diagnostic review identifies compliance gaps, identifies eligibility for statutory reliefs, looks at intercompany transfers and provides your executive team with a clear and detailed path to tax readiness. 

2. Corporation Tax Registration Services

All business units in the UAE are required to register for corporate tax registration. We handle every aspect of the process through the EmaraTax platform of the FTA. We check and validate your trade licenses, compile necessary supporting documents and validate accurate business activity classifications – avoiding late-registration penalties (AED 10,000 flat penalty for non-compliance). 

3. Corporation Tax Filing and Compliance  

Good accounting records, and appropriate tax adjustments, are essential to accurate corporation tax filing in Dubai. This involves reviewing your trial balances, determining non-deductible expense add-backs and applying the relevant income exemptions and preparing and filing compliant tax returns on time. 

• Statutory Deadline: Returns and tax payment is due within 9 months after the end of your financial year.
• Record Retention: The amount of time supporting accounting records must be kept for audit purposes is 7 years.

4. Tax Advisory Services in Dubai

Our professional tax advisory services in Dubai ensure business owners the customized guidance to deal with complicated tax laws. Key areas for advice are: 

• Deductibility Rules: How to write off fully deductible business costs and how to avoid restricted deductions such as 50% entertainment limits.
• Tax Loss Relief: Carrying over and using tax losses (up to 75% of taxable income) in subsequent financial periods.
• Capital Gains Deferral: Analyzing capital gains deferrals associated with intra-group asset transfers, mergers and reorganizations. 

5. Corporate Tax Implementation

Updating the everyday internal accounting systems is needed to implement Corporate Tax Implementation measures. In conjunction with your team, we set up a chart-of-accounts mapping, improve your invoicing workflow, assign your internal compliance roles, and establish a consistent compliance calendar. 

6. Transfer Pricing Services

Our special Transfer Pricing Services assist UAE entities when they do business with a related party or connected person. Intercompany pricing models are reviewed and compliance is checked with regard to the Arm’s Length Principle as set out in the statute. We prepare local files, master files and annual transfer pricing disclosure statements, depending on group turnover.

7. Small Business Tax Filing and Relief

The UAE has introduced Small Business Relief under Article 21 to help small businesses and early stage companies. This scheme is aimed at making it easier to file the tax returns of small businesses and is available for qualifying periods which ended on or before 31st December 2029:

Note: Small Business Relief is an annual election NOT EXEMPTION. The entities that choose this relief will be required to register, maintain books of account and file a simplified tax return. 

8. Corporate Tax Deregistration

UAE businesses are required to deregister their tax registration through EmaraTax during their liquidation, structural dissolution or when they stop conducting business. Applications are accepted within 3 months of the business closing. We are your Corporate Tax Consultant Dubai who can help you with final tax returns, settlement of any outstanding tax liabilities, preparation of necessary liquidation documents and obtaining final tax discharge clearance from FTA.