VAT and Corporate Tax Services

Our Services:

  • VAT Registration and Filing: Assistance with VAT registration and preparation of VAT returns.
  • Corporate Tax Planning: Strategies to minimize tax liabilities and ensure compliance.
  • Tax Audits and Dispute Resolution: Support during tax audits and assistance in resolving tax disputes.

Legal Framework:

The UAE introduced VAT at a standard rate of 5% in 2018, governed by the Federal Tax Authority (FTA). Corporate tax laws are outlined in the UAE Corporate Tax Law, which applies to businesses exceeding certain revenue thresholds. Recent amendments include a 15% minimum top-up tax for large multinational companies, effective from January 2025

Benefits:

  • Ensures compliance with tax laws and regulations.
  • Identifies opportunities for tax savings and credits.
  • Reduces the risk of tax penalties and audits.

Tips:

  • Keep detailed records of all transactions subject to VAT.
  • Regularly review tax filings to ensure accuracy.
  • Consult with tax professionals to stay updated on regulatory changes.