Corporate Tax Services in Dubai, UAE
Zaidi Accountants’ unique approach to corporate tax consultancy services is unparalleled by far, per industry standards. We offer a wide range of service offerings as part of our taxation consultancy services, such as tax return filings, registration & deregistration, training and transaction advisory services as well.
With the anticipated implementation of corporate taxation in 2023, this service is vastly rising in terms of importance and urgency, with a very specific skill set requirement relevant to the region in order to be efficiently handled.
Taxation services that are accurate and transparent are required, which allows business to duly comply with tax laws by means of filing tax returns. Errors or discrepancies during the tax accounting process could result in losses or other detrimental consequences to a business’ financial health. Therefore, vigilance and attention to detail is of utmost importance when preparing tax accounts.
The Ministry of Finance, UAE, will introduce a federal Corporate Tax on business profits effective for fiscal years commencing on or after the 1st of June, 2023. The UAE Corporate Tax regime has been designed to incorporate global best practices and minimize compliance burden for UAE businesses.
Given UAE’s position as a global financial center and international business hub, UAE’s Corporate Tax regime supports investments and HQ activities, ensuring free flow of capital, trade, financing and services.
With a standard statutory tax rate of 9%, and 0% tax rate for taxable profits up to AED 375,000 in order to support small businesses and startups, the UAE Corporate Tax regime is amongst the most competitive in the world.
Our skilled & experienced personnel based in Dubai work closely with clients, providing relevant guidance and advice specific to their business. Our pragmatic business ideals and intent to achieve sustainable growth for our clients by means of our innovative and unique approach is at the forefront of our corporate tax consultancy services.