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Corporate Tax

Corporate Tax Consultancy in Dubai

We help businesses to comply with the corporate tax in UAE

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Corporate Tax Consultants in Dubai

The United Arab Emirates has implemented a federal tax structure which applies to all business enterprises and commercial activities throughout the country. Apart from the extraction of natural resources that are currently liable to Emirate-level taxes and the branches of foreign banks, the planned corporate income tax regime will be applicable to all commercial, professional and industrial businesses in UAE.

It is essential to become familiar with the taxation policy of the country you are residing in to involve in a private business or commercial field without inconvenience. But, as the new corporate tax law is a completely new phenomenon to a normal business entity in the UAE, it can get quite confusing. Especially a new investor has to familiarize himself with the new corporate tax policies to operate the business without hurdles. A corporate tax consultant in Dubai can help you through this stage to make you equipped with the best possible information, clarification and assistance in the complete process regarding the corporate tax once it comes into force.

Corporate Tax in UAE

Corporate tax was introduced in January 2022 by the Ministry of Finance in the UAE and a new decree regarding the implementation of Corporate Tax on 09 December 2022 which will come into effect from June 2023. Corporate tax in UAE is a form of direct tax imposed on the profit or net income of corporations and other business entities in the UAE. By implementing the corporate tax in UAE, the UAE government aims to attain strategic objectives in business.

corporate tax in Dubai will be applied to all businesses and individuals participating in business activities under a commercial license in the UAE. The UAE corporate tax regime will continue to honour the tax incentives currently being offered to free zone businesses which are in compliance with the regulatory requirements and that do not conduct business in the UAE mainland. Foreign enterprises and individuals will come under this new tax law only if they engage in a trade or business in an ongoing or regular manner. Corporate tax in UAE will be applicable for banking operations, real estate management, construction, building brokerage services etc. There is 0% tax rate for taxable income up to AED 375,000 to support small business startups and 9% Headline corporate tax rate for taxable income exceeding AED 375,000 as per the UAE CT.

The businesses involving the extraction of natural resources will not come under this new UAE corporate tax instead they will continue to be subject to the current Emirate-level corporate tax. Dividends and profit earned by a UAE business from its qualifying shareholdings and the qualifying intra-group transactions and reorganizations will also be exempt from the UAE corporate tax.

What Does Corporate Tax Consultants In Dubai Do?

A corporate tax consultancy in Dubai will help businesses successfully deal with the taxation policies of the country. Any business investor in the UAE is required to understand the very basics of corporate taxation policies. A corporate tax consultancy in Dubai will provide you with tax analyses, tax preparation, tax payments and submission of tax returns.

A corporate tax consultant in Dubai is to collect the company’s financial data, files annual returns, implements plans for optimizing the amount of taxes the company pays, ensure the financial documents are accurate and the tax laws have been followed. The new law regarding UAE corporate tax demands the assistance of professional corporate tax consultancy in Dubai in order to comply with the law. The business entities ought to carefully understand and follow the dos and don’ts of the corporate tax in UAE to practice a smooth business endeavour in the UAE.

MAATS As Your Corporate Tax Consultants In Dubai

  • MAATS provides the required assistance and clears your queries on corporate tax in UAE.
  • Our expert and experienced corporate tax consultants in Dubai team will do impact analysis of corporate tax on your business and pave your ways to adhere to the local law and compliances
  • Transition to the new system smoothly with our Corporate Tax advisory team
  • Clients can focus on their business while we take care of your local compliances and regulations
  • Any updates by FTA on VAT or corporate tax will be communicated to the client

Frequently Asked Questions

Tax consultants help structure a business’s operations to minimize tax liabilities, optimize capital structure, and ensure compliance with the latest tax regulations.
Yes, businesses in Dubai need to pay VAT at a rate of 5% on most goods and services. VAT consultancy can help businesses manage their VAT obligations.
Tax consultants ensure that companies adhere to UAE tax laws, file returns accurately and on time, and maintain proper records to avoid penalties.
Yes, foreign businesses operating in the UAE are subject to corporate tax if their profits exceed AED 375,000. However, businesses in free zones may have tax exemptions or benefits.
A tax consultant helps businesses with tax planning for mergers, acquisitions, or restructurings, ensuring the transaction is tax-efficient and compliant with UAE laws.
Yes, consultants provide support during tax audits, resolve disputes with the tax authorities, and represent businesses in dealings with the UAE Federal Tax Authority (FTA).
Corporate tax returns in Dubai are typically due within 9 months after the end of the financial year. Specific deadlines are set by the UAE tax authorities.
VAT affects businesses by imposing a tax on most goods and services. Consultants can help businesses register for VAT, file VAT returns, and ensure compliance with VAT laws.
Starting a business in Dubai requires understanding the tax implications of the corporate tax system, VAT, free zone benefits, and whether the business will be subject to income tax or exempt.
Yes, even small business owners can benefit from tax consultancy to ensure compliance, optimize tax strategies, and avoid mistakes that could lead to penalties.