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Corporate Tax

Reviewing Transactions from a UAE Corporate Tax Perspective

At AssureTax, we provide in-depth Tax Impact Assessments and Corporate Tax Advisory Services to help businesses navigate the complexities of UAE Corporate Tax. Our experts conduct a thorough analysis of your corporate structure to identify tax-efficient strategies, ensuring optimal tax planning and compliance.

Comprehensive Corporate Tax Support

1. Strategic Corporate Tax Planning: We assess your business structure and evaluate restructuring options to minimize tax liabilities while remaining compliant.

2. Accurate Tax Calculations: Our Corporate Tax (CT) impact assessment consultants specialize in calculating corporate tax based on your unique business setup, providing you with a clear and precise understanding of your tax obligations.

3. Tailored Tax Advisory: We offer expert guidance on corporate income tax matters, leveraging our tax impact assessment findings to help businesses optimize their tax position. Proactive Transaction Analysis.

Our team evaluates potential transactions and business scenarios where corporate tax implications may be unclear. By identifying risks and addressing tax inefficiencies early, we help businesses avoid unnecessary costs and improve overall tax readiness.

With AssureTax, you gain strategic insights and expert support to ensure compliance while optimizing your corporate tax position. Contact us today to streamline your UAE Corporate Tax strategy.

Corporate Tax Registration in UAE

The UAE Corporate Tax Law came into effect on June 1, 2023, applying to financial years starting on or after this date. As per the new regulations, businesses operating in the UAE must fulfill the following tax compliance requirements:

1. Register or deregister for corporate tax.

2. Pay the applicable corporate tax amount.

3. File corporate tax returns.

To ensure compliance, businesses must prepare in advance, with corporate tax registration being a critical first step.

Mandatory Corporate Tax Registration in UAE

Under UAE corporate tax regulations, all companies—whether subject to 0% or 9% tax rates—must complete corporate tax registration. Even exempt entities must register to obtain official exemption status.

To facilitate compliance, the Federal Tax Authority (FTA) has introduced a structured registration process, including an early corporate tax registration phase for specific business categories. Other businesses can register once this phase concludes.

Corporate tax registration is done online through the EmaraTax platform, after which companies receive a Corporate Tax Registration Number (TRN). This unique identifier must be used on all tax-related documents and filings.

How AssureTax Can Help

AssureTax is a trusted professional services firm in the UAE, specializing in Tax Advisory, Corporate Tax Planning, Impact Assessments, Corporate Tax Registration, and Compliance Support.

Since the introduction of corporate tax in the UAE, we have been assisting businesses with seamless tax registration and compliance.

1. Early Registration Assessment: We determine if your company qualifies for early registration and ensure timely completion.

2. Comprehensive Document Preparation: Our experts assist in gathering and organizing all required documents for submission.

3. Accurate & Timely Submission: We handle the registration process efficiently, ensuring compliance with FTA requirements.

For hassle-free corporate tax registration in the UAE, contact AssureTax today—our tax consultants are ready to assist you.

Corporate Tax Return Filing Services

Paying taxes in any jurisdiction involves fulfilling specific administrative requirements, one of which is filing tax return forms. These forms consolidate all tax-related information for an entity or individual over a given tax period.

Similarly, Corporate Tax Return Filing is a fundamental compliance requirement under the newly introduced UAE Corporate Tax Law. All businesses registered for corporate tax in the UAE must submit their corporate tax returns to the Federal Tax Authority (FTA).

Understanding Corporate Tax Return Filing

According to Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, a tax return is defined as:

"Information filed with the Authority for Corporate Tax purposes in the form and manner prescribed by the Authority, including any schedule or attachment to it, and any amendment thereof."

As per corporate tax regulations, taxpayers must file corporate tax returns within nine months of the end of the relevant tax period or as directed by the FTA. The corporate tax return form must be submitted online, accompanied by the necessary financial records, documents, and supporting information.

How AssureTax Can Assist You

At AssureTax, we simplify the corporate tax filing process by ensuring:

1. Accurate Taxable Income Calculation: Our corporate tax professionals meticulously assess income records to determine the correct tax liability.

2. Comprehensive Documentation Support: We help gather and organize all required financial statements and supporting documents.

3. Timely and Error-Free Filing: Our experts handle the submission process, ensuring full compliance with UAE corporate tax regulations.

For seamless corporate tax return filing in the UAE, partner with AssureTax—your trusted corporate tax advisors. Contact us today to ensure compliance with confidence.

Transfer Pricing Compliance

Corporate tax regulations significantly impact inter-company, inter-group, and international transactions. If not managed properly, businesses risk non-compliance and unnecessary tax liabilities. To avoid this, expert Transfer Pricing Services are essential to ensure fair reporting of inter-company transactions while preventing any tax evasion concerns.

Understanding Transfer Pricing Compliance

Transfer Pricing Advisory Services encompass both Domestic Transfer Pricing (UAE Transfer Pricing) and International Transfer Pricing. International tax authorities and tax departments worldwide closely examine cross-border transactions to ensure compliance with Transfer Pricing regulations. Locally, businesses must also adhere to UAE taxation laws, including the proper reporting of intra-group transactions.

Such transactions demand significant time, expertise, and detailed financial analysis. Businesses must maintain accurate records, establish robust processes, and implement effective risk management strategies. Additionally, companies operating across multiple jurisdictions must stay informed about International Transfer Pricing regulations in every country where they conduct business.

How AssureTax Can Help

As a leading Transfer Pricing Services provider in the UAE, AssureTax offers expert guidance on corporate tax implications for domestic and cross-border transactions. Our Corporate Tax Consultants specialize in:

  • - Assessing Inter-Company Transactions: Ensuring compliance with UAE and international Transfer Pricing regulations.
  • - Transfer Pricing Documentation: Managing all required documentation for tax authorities.
  • - Cross-Border Compliance: Ensuring your international operations align with global Transfer Pricing rules.

With AssureTax, you can confidently manage Transfer Pricing compliance while focusing on your business growth. Contact us today to safeguard your company’s financial integrity.