Corporate Tax Services

Comprehensive UAE Corporate Tax solutions under Federal Decree-Law No. 47 of 2022

Introduction

Corporate tax (CT) is a form of direct tax levied on the net income or profit of corporations and other entities from their business. Corporate Tax is sometimes also referred to as "Corporate Income Tax (CIT)" or "Business Profits Tax" in other jurisdictions.

Overview

The UAE introduced the Corporate Tax Law (Federal Decree-Law No. 47 of 2022) on January 31st, 2022. Effective from June 1st, 2023, this law establishes a Federal Corporate Tax regime aimed at supporting the UAE's strategic objectives and enhancing its position as a global business hub. By adhering to international standards and incorporating recognized principles, the UAE aims to provide clarity and transparency in its Corporate Tax regime, strengthening its appeal for business and investment.

Our Corporate Tax Services

At Home of Tax Expertise, we provide end-to-end Corporate Tax (CT) solutions tailored to meet the UAE's regulatory requirements while optimizing your business's financial performance.

Core Services

1
Business Registration

Fulfill your legal obligations by registering your business with the UAE tax authorities and establishing your corporate tax status.

2
Compliance & Efficiency

Evaluate and enhance your corporate tax practices to ensure compliance while maximizing financial efficiency.

3
Strategic Tax Planning

Design and optimize your corporate tax structure to minimize liabilities and achieve sustainable tax savings.

4
Filing & Record-Keeping

Ensure timely and accurate filing of CT returns in line with UAE regulations, while maintaining proper financial records for your business.

Specialized CT Services

Registration and Deregistration of entities
Application for Exemptions / Elections into CT regime
CT Impact Assessments and Initial Screening
Detailed Transaction Analysis
Computation of Taxable Income
Tax Grouping and Loss Utilization strategies
Free Zone business compliance requirements
Identifying Permanent Establishment (PE) risks (if applicable)
Annual Tax Return Filing and compliance support
Transfer Pricing documentation and advisory
Foreign Tax Credit optimization

Tax Impact Assessment Plan

Our four-step Corporate Tax (CT) Impact Assessment Plan is designed to ensure your organization's full readiness and compliance with the new CT law.

We begin with a comprehensive analysis of your company's:

Organizational structure
Business operations and description
Intangible assets
Inter-company transactions
Related party transactions

Based on this assessment, our team of CT experts provides tailored advice to help you reduce exposure to tax risks and strengthen your compliance framework.

Have a Question? Contact Us Today

Get expert tax and accounting solutions tailored to your business needs. Our certified professionals are ready to help you succeed.

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