Corporate Tax Compliance Services in UAE
Corporate tax compliance services in UAE
The UAE has instituted a corporate tax of 9% on businesses with revenues over AED 375,000. Entities earning less than this amount will pay a tax of 0%. With the new corporate tax regime, entities must follow its various provisions.
You need to account for corporate tax and fulfil tax obligations. You also need to understand its implications on your business to plan. You need advisory and consultancy services to align it with your corporate objectives. Another need is complete handholding in compliance with tax provisions.
Only an expert tax consultant can help you with all these services. The specialist support can confirm accurate and timely corporate tax compliance completion. It can ensure the authority does not levy any non-compliance fines or penalties.
Tax Consultants UAE plays the role of a corporate tax compliance supporter for you. We commit to helping our clients comply with all corporate tax requirements. We assess your eligibility, assist you in all these procedures, and guide you in documentation and record keeping. You get complete, high-quality services from a professional team of corporate tax experts.
Ready for new responsibilities under the new corporate tax regime?
Tax Consultants UAE shoulders them for you.
Significance of Corporate Tax Compliance in UAE
Corporate tax compliance is necessary for any business or individual’s operations in a country. If a person fails to comply with the tax laws, the relevant authority might impose fines and penalties. It also damages the person’s credibility in front of the government and legal sector. Customers’ trust in non-compliant entities reduces, increasing your commercial risk.
So, corporate tax compliance services are a need for any business entity. Entities must be aware of the constant changes in corporate tax laws and best practices. These are essential to follow the tax laws, and avoid penalties or reputational harm.
What is a Corporate Tax Assessment in UAE?
UAE has got the new corporate tax regime from 1st June 2023. And under the new regulation, entities need to adhere to several corporate tax provisions. This is known as corporate tax compliance. All types of taxable persons must act in accordance with the new corporate tax law in UAE. It requires taxable legal and natural persons to:
- Register for corporate tax
- Annually file corporate tax returns
- Apply for a tax residency certificate
- Apply for a tax clearance certificate
- Respond appropriately to notifications, investigations, or audits from FTA and present necessary documents in legal proceedings
A taxable person’s mandatory obligation to follow these requirements is corporate tax compliance in UAE. Accuracy, on-time, and completeness are essential in these compliance requirements. Thus, adhering to corporate tax law’s provisions is corporate tax compliance.
Corporate Tax Compliance services
Tax Consultants UAE provides several corporate tax compliance services to clients in UAE. Our expert tax consultants help you keep your tax affairs in order. We calculate your accurate tax liabilities and help you pay them on time to the FTA. We also assist you in filing corporate tax returns, as it is a crucial compliance requirement.
The UAE government has made it mandatory for individuals and entities to obtain tax residency and tax clearance certificates if eligible. Our tax professionals support you by identifying your eligibility and applying for the same. And if, in any possible case, tax disputes or investigations arise, we help you in litigation. We represent you before authorities and court in legal proceedings and resolve your tax disputes.
The following is the list of our corporate tax compliance services in Dubai:
Corporate tax registration
Our corporate tax compliance services include corporate tax registration and deregistration. We start with checking your eligibility for registration. If you are eligible, we follow the documentation requirements in the correct form and format. We follow the exact procedure on the EmaraTax platform to fill out the application. Our services extend to corporate tax deregistration to make your journey easier .
Corporate tax returns filing
Our corporate tax professionals help you with accurate and on-time annual tax filing. We are well-versed in the working of the EmaraTax platform; hence, our process is faster. You need not worry about the document submission along with the returns filed. We take care of the extra information to be submitted, such as a declaration. Thus, we ensure a complete corporate tax returns filling and submission process as a critical part of our corporate tax compliance services.
Save your time from corporate tax compliance requirements and use it in your core business.
For we take care of your corporate tax compliance needs.
Tax residency certificate
A tax residency certificate is essential for entities and individuals in UAE to avoid paying double taxes during international trade transactions. That is why we help you obtain this certificate as a part of our corporate tax compliance services. We start with checking your eligibility for it as a natural or legal person. We prepare all the documents and records before the online application. Thus, we help at every step of getting the tax residency certificate to make you compliant.
Tax clearance certificate
If you have cleared all the tax liabilities in UAE, you must get a tax clearance certificate from FTA. It is a vital document to prove your credibility to partners, auditors, and customers. We help you sign up for the EmaraTax platform, fill out the form, and submit the relevant documents. We help you create and maintain accurate documents in the correct form. We relieve you from the stress of the application procedure, ensuring corporate tax compliance.
Corporate tax representation and litigation support
Our corporate tax compliance services include corporate tax representation and litigation support. We thoroughly review your business, tax records, financial situation, and compliance documents. We address the notifications or requests for documents received from authorities. We represent your case to the relevant authorities and court for resolution. We also provide complete litigation support in legal proceedings and tax disputes.