Corporate Tax Advisory
Strategic Planning for the New Tax Era
Compliance Context
Effective from June 2023, Corporate Tax applies to net profits of businesses. Navigating the exemptions for Free Zone entities, Small Business Relief, and the complexities of Transfer Pricing requires expert guidance to avoid penalties and maximize legitimate tax savings.
Overview
The introduction of Corporate Tax in the UAE marks a significant shift in the business landscape. We provide comprehensive advisory services to help businesses navigate this new regime, ensuring full compliance while optimizing tax efficiency. From analyzing the impact on your bottom line to restructuring operations for tax benefits, our experts guide you through every step of the Corporate Tax lifecycle.
Key Deliverables
- Corporate Tax Registration & Deregistration
- Tax Impact Assessment & Gap Analysis
- Free Zone Exemption & Qualifying Income Analysis
- Transfer Pricing Compliance & Benchmarking
- Tax Grouping & Restructuring
- Annual Corporate Tax Return Filing
- Calculation of Taxable Income & Deductible Expenses
- Representation before the FTA
Compliance Workflow
Impact Assessment
Evaluating how Corporate Tax affects your specific business structure and margins.
Structuring
Advising on the most tax-efficient structure, including Free Zone benefits.
Registration
Handling the official registration process with the Federal Tax Authority.
Compliance
Ensuring proper accounting records and transfer pricing documentation.