VAT Services

Our Corporate Tax Services

• Corporate Tax Registration – Assistance with corporate tax registration in compliance with UAE laws.
• Corporate Tax Filing – Ensure accurate and timely filing of corporate tax returns to avoid penalties.
• Corporate Tax Compliance – We ensure your business remains compliant with the latest corporate tax regulations.
• Corporate Tax Planning – Maximize tax efficiency through effective corporate tax strategies.
• Tax Advisory – Expert advice on structuring your business to minimize tax liabilities.
• Tax Audit Assistance – Support during tax audits to ensure your company is fully prepared.

Scope of Corporate Tax in UAE

The UAE introduced a federal tax structure applicable to all business operations and commercial activities across the emirates. Corporate Tax (CT) applies to:

• Businesses and individuals with a commercial license.
• Free Zone businesses (with CT incentives if compliant and not operating in the mainland).
• Foreign companies managed in the UAE.
• Banking operations.
• Real estate, construction, and brokerage businesses.

Exempt Entities

Certain entities are exempt, including:

• Automatically exempt: Government entities and government-controlled entities.
• Conditionally exempt (with notification): Extractive and non-extractive natural resource businesses.
• Conditionally exempt (with FTA approval): Qualifying public benefit entities, pension funds, and investment funds.

Corporate Tax in Free Zones

Free Zone businesses must submit an annual CIT return and meet specific criteria, including:

• Keeping substance requirements.
• Earning "Qualifying Income."
• Complying with transfer pricing obligations.

Failure to meet these conditions leads to standard corporate tax rates.

Impact on Mergers, Acquisitions, and Multinationals

Corporate tax may encourage international firms due to competitive rates, while investors benefit from tax-free dividends and capital gains. M&A activities may see increased due diligence, and companies should assess their structures.

Foreign Direct Investment

UAE's corporate tax reforms align with its broader economic goals of reducing dependence on oil and attracting foreign investment. The country offers tax-free personal income, maintaining its appeal for professionals.

Registering, Filing, and Paying Corporate Tax

All taxable entities must register, file, and pay corporate tax within nine months of each tax period's end.

Key Points

• Natural persons are exempt from CT on income not related to UAE trade.
• Non-residents pay tax on UAE-sourced income.
• Businesses in free zones benefit from CT incentives if compliant.
• Taxable profits are based on adjusted accounting net profit.

Why Choose Us?

As a leading outsourced bookkeeping and accounting firm in the UAE, strategyplus specialize in providing corporate tax services tailored to your business needs. Our corporate tax are well-versed with the latest UAE VAT laws, ensuring you remain compliant while maximizing your tax benefits.

Contact Us for Corporate Tax Services

For professional corporate tax services, contact us