Maximize your company’s tax savings with our expert corporate tax services in UAE. Our experienced team of tax professionals will ensure compliance, identify opportunities, and optimize your tax strategy. Don’t miss out on potential savings. Contact us today!
Ready to say goodbye to the stress of corporate tax and hello to a brighter future? NOW CONSULTANT is here to help. As the UAE’s leading tax advisory firm, we bring a wealth of expertise and experience to help you reach your business goals. With our team of tax experts by your side, you can rest easy knowing that compliance, planning, and more are all taken care of. Partner with NOW CONSULTANT and watch as your business soars to new heights! Unleash your potential – join forces with us today! Unlock Your Business’s Full Potential with NOW EXPERT TAX CONSULTANT .
Experience hassle-free corporate tax registration in the UAE with our expert services. Our dedicated team of professionals will guide you through the process, ensuring compliance with all regulations. Trust us to handle your corporate tax registration with efficiency and expertise.
Maximize your company’s profits with our expert corporate tax consultation service in the UAE. Our team of experienced professionals will help you navigate complex tax regulations, identify cost-saving opportunities, and ensure compliance, giving you a competitive edge in the business landscape.
Our tax specialists at NOW CONSULTANT possess a deep understanding of the corporate tax laws and regulations in the UAE. Trust us to provide you with expert advice and guidance to ensure tax compliance and optimal results.
We don't just handle tax compliance. Our range of services includes tax planning, tax optimization, and tax representation to help you maximize your tax benefits. Our team will work with you to create a customized tax strategy that aligns with your business goals
At NOW CONSULTANT, we take a proactive approach to corporate tax. We stay ahead of changes in tax laws and regulations and promptly inform our clients, so they can stay compliant and avoid any potential risks. Our aim is to help you minimize your tax liabilities and increase your returns.
We believe that each business is special and therefore, requires personalized attention. Our team of tax specialists will work closely with you to grasp your particular tax circumstances and provide tailored solutions to your specific needs. Let us provide you with individualized care to help you navigate the complex world of corporate tax in the UAE with ease.
Say Goodbye to Tax Troubles, Hello to Professional Solutions. Partner with Now Expert Tax Consultant for a Worry-Free Tax Experience.
Comprehensive Corporate Tax Services for Effortless Business Management.
Transparent and Accurate Corporate Tax Reporting for Unwavering Business Insight
Proactive Corporate Tax Planning for Informed Business Decisions.
Expert Corporate Tax Advice and Compliance for a Seamless Tax Journey.
If
Unmanageable Corporate Tax Matters are Impeding Your Business Growth,
Then Let Us
Be Your Trusted Corporate Tax Consultants and Help You Boost Your Profits!
Small Businesses, Start-ups, and Major Corporations alike
All Reap the Benefits of Our Expert Corporate Tax Solutions in the Dubai!
Small and Medium Enterprises (SMEs) are the backbone of the UAE’s economy. With limited resources, it is crucial for SMEs to optimize their tax strategies to ensure maximum profitability. Our team of expert tax consultants can help SMEs navigate the complex world of corporate tax and provide tailored solutions that meet their unique needs.
Starting a business in the UAE requires a solid understanding of the legal and financial landscape. Our team can help startups get off to a strong start by assisting with tax compliance, financial planning, and risk management. With our help, startups can focus on what they do best – growing their business.
Multinational corporations require a more sophisticated approach to tax planning, given their diverse operations and global footprint. Our team of expert tax consultants can help multinationals streamline their tax operations, minimize tax liability, and ensure compliance with local regulations.
Non-profit organizations play a vital role in the UAE’s social and economic landscape. However, managing tax compliance can be a complex and time-consuming task. Our team can help non-profit organizations optimize their tax strategies, ensuring that they remain in compliance while maximizing the impact of their charitable efforts.
Regardless of the size and nature of your business, our team of expert tax consultants is here to help. With our comprehensive corporate tax services, you can be confident that your business is in good hands.
DO’s:
Maintaining accurate records of all financial transactions is crucial for successful corporate tax compliance.
Regularly review and understand changes in tax laws and regulations to stay compliant.
Proactive tax planning helps businesses make informed decisions and stay ahead of the game.
Partnering with an experienced tax consultant can help navigate the complexities of corporate tax and ensure compliance.
For complex tax issues, seek the guidance of a professional tax consultant to avoid potential penalties and fines.
DON’Ts:
Submitting tax returns late can result in significant fines and penalties.
Ignoring tax laws and regulations can lead to legal and financial consequences for businesses.
Make informed decisions by seeking professional tax advice and planning ahead.
Misrepresenting information on tax returns can result in legal and financial consequences.
Neglecting accurate record keeping can result in incorrect tax filings and potential penalties.
The Corporate Tax Law in UAE was published by the Ministry of Finance on December 9, 2022. It outlines the tax system for corporations and businesses operating in the UAE.
UAE imposed a 9pc (CT) corporate tax on profits for businesses earning over 375,000 AED (approximately USD 100,000) in 2023. Now still some businesses are earning less will still have a 0pc tax rate.
The Corporate Tax Law goes into effect for fiscal years beginning on or after June 1, 2023.
Businesses operating in UAE will be taxed on their global revenue. Dividend income and capital gains are tax exempt if the participation exemption requirements are met. Foreign branch profits that have been subject to foreign taxation at a rate of at least 9% are also exempt.
Businesses operating in the UAE and natural persons who are UAE citizens and carry out commercial activities in the UAE are liable for corporate tax.
Yes, if certain requirements are met, a parent entity can submit an application to the Federal Tax Authority to establish a tax group with its UAE subsidiaries. There must be 95% ownership under these circumstances.
Losses may be transferred between businesses not part of a group if there is a 75% ownership relationship and other requirements are met.
NOW CONSULTANT offers services for corporation taxes, transfer pricing, and other tax-related issues. We provide clients with guidance and a strong tax compliance structure to address the particular difficulties presented by their jurisdiction.
NOW CONSULTANT provides clients with extensive consulting experience in managing tax operations according to the new needs of the UAE market. Our services include compliance, reporting, and risk management for various taxes. We develop a watertight plan through thorough analysis, assist clients in changing their processes, technology, and resourcing models, and provide worldwide outsourced capabilities.
Starting from 2023, the UAE rolled out a corporate tax plan, whereby companies making over 375,000 AED in annual income will be subject to a 9% tax rate. On the flip side, companies earning less than this amount will maintain a tax rate of 0%.
Emirate-level tax rules have progressive income tax rates, potentially reaching 55%. But, in reality, these rules have not been enforced.
A tax certificate is an authorized document provided by tax authorities, confirming that taxpayers have fulfilled their tax responsibilities. It is complimentary for various purposes, such as business transactions, etc.
Certain entities in the UAE can be exempt from taxes:
Corporate tax is a fee that businesses pay on their profits. It’s a percentage of their earnings after accounting for expenses like wages and operating costs. The amount gathered from corporate tax goes to the government .. Tax rates can differ by country and business type, with some places offering incentives for investment and others having higher rates to raise revenue.
In various regions, companies can pay taxes in multiple payments, including corporate taxes. While the FTA may introduce more transparent guidelines for UAE corporate tax filing and payment, there is a potential for businesses to make installment payments.
Optimize savings, mitigate risks. Our seasoned team offers impeccable corporate tax services in the UAE. With comprehensive compliance and advisory solutions, we guarantee precise filings, empowering you to concentrate on business expansion. Don’t hesitate – seize this opportunity and reach out to us today!
We are a financial advisory company who’d help you go through your financial activities. Sellers and Businessmen trust NOW Consultant to manage their taxes, VAT, Accounting and Incorporation. Get a personal accountant who knows how to manage your business stuff professionally with error free accounting.
Jumeirah Bay X3 Office 3800 Jumeirah Lake Towers
Dubai
United Arab Emirates
0522146392
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