Businesses in the UAE rely on corporate tax services to navigate compliance complexities, optimize tax strategies, and ensure adherence to local regulations. Professional tax consultants and audit firms in Dubai offer expertise in Corporate Tax Impact Assessment, enabling businesses to effectively manage tax liabilities and enhance financial efficiency.
In the UAE, Corporate Income Tax rates vary based on taxable income thresholds set by the Ministry of Finance. Entities with taxable income up to AED 375,000 are exempt from Corporate Income Tax, while a 9% rate applies to income exceeding this threshold. Large companies meeting specific criteria under OECD's Pillar Two may face different tax rates based on global revenue thresholds. Certain entities are exempt from Corporate Income Tax in the UAE, including wholly owned government entities, non-profit organizations meeting specified conditions, and certain investment funds. Our corporate tax services in the UAE and Dubai include advising clients on exemptions, residency status, and structuring business operations for tax efficiency.
Impact Assessment and Advisory: We provide initial high-level impact analysis before the implementation of UAE Corporate Tax laws, advising on exemptions, tax grouping, Free Zone taxation, Permanent Establishment (PE) analysis, and deductible expenses. We offer detailed post-implementation analysis and ongoing advisory services once regulations are enforced.
Training and Knowledge Sharing: We conduct sessions to educate clients on proposed Corporate Tax Regulations and their implications, ensuring businesses stay informed and compliant.
Corporate Tax Registration and Compliance Support: Our team assists with tax registration/deregistration, applying for Corporate Tax Grouping/Exemptions, and providing annual compliance support. This includes reviewing income calculations, tax provisioning, and preparing/filing corporate tax returns.
Expert Tax Advisory: Our seasoned tax advisors provide guidance on a wide array of tax matters, from complex cross-border transactions to conducting CT Impact Assessments and maximizing available tax incentives.
Audit Representation: In the event of tax audits or disputes, we act as your trusted representative. Our team handles all aspects, from preparing necessary documentation to negotiating with tax authorities, aiming for favorable resolutions while safeguarding your interests.
International Tax Advisory: We advise on Permanent Establishment issues for non-residents, analyze OECD BEPS Pillar 2 impacts, and optimize tax structures. Additionally, we offer guidance on tax benefits under Double Tax Avoidance Agreements.
ALM Tax Consultant LLC provides holistic tax solutions meticulously crafted to meet the unique requirements of businesses in the dynamic UAE tax environment. Our services encompass everything from strategic tax planning to seamless registration and compliance, ensuring your business operates with confidence and efficiency.