Corporate Tax Services in Dubai and UAE
Beaufort Associates stands as a leading provider of corporate tax services in the UAE and Dubai. With a team of highly experienced tax consultants in Dubai, we offer a comprehensive range of services, including audits, internal audits, accounting, bookkeeping, and VAT services.
With a deep understanding of local tax regulations and practices, we provide solutions to help businesses navigate the complexities of corporate tax in Dubai. Our experienced tax consultants assist clients in optimizing their tax strategies, ensuring compliance with applicable laws, and minimizing tax liabilities.
Corporate Tax Services UAE:
- Tax-Free Threshold: Taxable profit up to AED 375,000 is subject to 0% tax rate.
- Standard Corporate Tax Rate: 9% tax is applied on taxable profit.
- Multinational Corporations: Different tax slabs are implemented for multinational corporations, aligning with OECD Pillar 2’s base erosion and profit shifting guidelines.
Address: Office 212, Building 1, Dubai Internet City,
Proudly supporting international and local companies for over 20 years
Corporate Tax Services Procedure in UAE
Our Corporate Tax Service ensures that your business successfully implements corporate tax in compliance with the UAE’s tax regime, files accurate tax returns, and receives comprehensive tax support through the following steps:
Assessment of Tax Obligations: A tax consultant will evaluate your business activities, financial records, and other pertinent information to determine the taxes your business is required to pay.
Tax Planning: Based on the assessment, the tax consultant will recommend tax-saving strategies and opportunities to minimize your tax liability.
Preparing Corporate Tax-Audited Financial Reports: Our meticulous approach ensures accuracy and adherence to all relevant tax regulations.
Filing Corporate Tax Returns: We handle the entire filing process, guaranteeing your returns are submitted on time and with complete precision.
Timely Tax Payments: Never miss a deadline or incur penalties. We ensure your business fulfills its tax liabilities accurately and efficiently.
Tax Audit Representation: In the event of an audit, you won’t face it alone. Our tax consultants provide expert guidance and representation throughout the process, advocating for your business and ensuring a smooth resolution.
Ongoing Support and Advice: The tax consultant will provide continuous support and advice on tax-related matters to ensure your business remains compliant with tax regulations.
By partnering with us, you can focus on running your business with the peace of mind that your tax affairs are expertly managed.
Our Corporate Tax services are divided into the following six parts:
- Corporate Tax Assessment Services
- Corporate Tax Registration Services
- Corporate Tax Return Filing Services
- Corporate Tax Accounting Services
- Corporate Tax Audit Services
- Corporate Tax Compliance Services
- Corporate Tax Advisory Services
Our highly skilled and professional corporate tax advisors will assist you in implementing corporate tax strategies most effectively.
Beaufort Associates is one of the most recommended firms for providing Corporate Tax services in the UAE. With over a decade of experience, Beaufort has a proven track record of working with various organizations. We offers robust advisory services to assess and meet the compliance requirements of businesses, leveraging its extensive knowledge and expertise in corporate tax matters.
Exemptions and Residency Under UAE Corporate Income Tax
Exempted Entities from UAE Corporate Income Tax
Several entities in the UAE are exempt from corporate tax, including:
- Wholly owned government entities
- Non-profit organizations (subject to conditions)
- Certain types of investment funds
Our corporate tax services in UAE and Dubai provide comprehensive advice on available exemptions and assist clients in determining their eligibility for these exemptions.
Resident Entities as per UAE Corporate Tax Law
Under the UAE Corporate Tax Law, a resident entity is defined as a company either registered in the UAE or with its primary management operations conducted within the country. Resident entities are required to pay corporate tax on their worldwide income. Conversely, non-resident entities are taxed only on the income they generate from sources within the UAE.
Beaufort Associates tax consultants in Dubai can help businesses ascertain their residency status and ensure compliance with the UAE Corporate Tax Law.
Exempted Income Under UAE Corporate Tax
Certain types of income are exempt from corporate tax in the UAE, including:
- Income from wholly owned government entities
- Income from non-profit organizations (subject to conditions)
- Income from certain types of investment funds
Our corporate tax services in UAE and Dubai include advising clients on the types of income exempt from corporate tax and assisting them in structuring their business operations to minimize tax liabilities effectively.
All-in-One Corporate Tax Solutions in UAE
The corporate tax services offered by Beaufort Associates are specially curated for all businesses in the UAE. These services are structured to cover every aspect of corporate tax, ensuring accurate tax liability for businesses.
Our tax consultants in the UAE are well-versed in the UAE federal decree law on corporate tax and can assist you with the following:
- General Provisions
- Imposition of Corporate Tax (CT) and CT Rates
- Exempt Persons and Businesses
- Taxable Person and Corporate Tax Base
- Free Zone Person
- Calculating Taxable Income
- Exempt Income
- Corporate Tax Reliefs
- Deductions and Expenditure
- Transactions with Related Parties and Connected Persons
- Tax Loss Provisions
- Tax Group Provisions and Formation
- Calculation of Corporate Tax Payable
- Payment and Refund of Corporate Tax
- Transfer Pricing Documentation
- Anti-Abuse Rules
- Corporate Tax Registration and Deregistration
- Filing Corporate Tax Returns and Clarifications
- Violations and Penalties
- Transitional Rules
- Closing Provisions