Corporate Tax
Corporate Tax Services in UAE: Expert Solutions by Hallerbos
As the corporate tax system in the UAE is changing, corporations now need trusted advice in their tax compliance and planning. Hallerbos offers a full range of business tax services in the UAE that enable businesses to optimize their tax strategies and ensure compliance with federal requirements.
What is Corporate Tax in UAE?
Corporate tax in the UAE is classed as a federal income tax applied to businesses that make a profit exceeding AED 375,000 in a financial year. Corporate tax was introduced on June 1, 2023, by the UAE Ministry of Finance (MoF). The corporate tax regime in the UAE is as follows:
- Supported by a 0 percent tax rate for taxable income up to AED 375,000
- 9 percent tax rate on taxable income exceeding AED 375,000
- Special tax rates applicable to large multinational enterprises under the OECD Base Erosion & Profit-Sharing Project
Even if your business is not required to pay corporate tax, you are still required to register with the Federal Tax Authority (FTA) and file returns in certain situations. With our corporate tax services in UAE, we help ensure you fully understand your obligations.
Why Do You Need Corporate Tax Services in UAE?
The introduction of corporate tax has transformed the business landscape in the UAE. With our expert corporate tax services in UAE, your business will benefit from:
- Tax Compliance Expertise
Our tax consultants possess in-depth knowledge of UAE corporate tax laws and stay current with all regulatory updates. We ensure your business remains compliant with the latest tax regulations, helping you avoid penalties and legal issues.
- Strategic Tax Planning
Through our corporate tax services in UAE, we develop tax-efficient strategies tailored to your business needs. Our experts analyze your business structure and operations to identify legitimate tax-saving opportunities and deductions.
- Cost Optimization
Our corporate tax consultants in Dubai help identify potential tax deductions, incentives, and exemptions to minimize your tax burden legally. We work diligently to ensure you don’t pay more than necessary while remaining fully compliant.
- Free Zone and Mainland Expertise
Whether your business operates in a free zone or on the mainland, our corporate tax services in UAE provide specialized guidance for your specific situation. We help determine your eligibility for exemptions and navigate the distinct requirements for each business type.
Our Comprehensive Corporate Tax Services in UAE
Hallerbos delivers end-to-end corporate tax services in UAE designed to address all aspects of corporate taxation:
Corporate Tax Registration
We assist businesses with registering for corporate tax with the Federal Tax Authority (FTA) and obtaining a Tax Registration Number (TRN). Our experts guide you through the entire registration process to ensure compliance with all regulatory requirements.
Tax Impact Assessment
Our consultants conduct thorough assessments to determine how corporate tax affects your business operations and profitability. We provide actionable insights and recommendations to mitigate tax impacts and optimize your tax position.
Tax Strategy Development
We create customized tax strategies aligned with your business goals and objectives. Our corporate tax services in UAE include developing long-term tax plans that support your business growth while maximizing tax efficiency.
Tax Return Preparation and Filing
Our experts handle the preparation and timely filing of your corporate tax returns, ensuring accuracy and compliance with all regulatory requirements. We maintain meticulous documentation to support all deductions and exemptions claimed.
Tax Audit Support
In case of a tax audit, our corporate tax services in UAE provide comprehensive support throughout the audit process. We represent your interests before the tax authorities and work to achieve favorable outcomes.
Tax Dispute Resolution
Our corporate tax consultants offer expert assistance in resolving tax disputes with regulatory authorities. We leverage our deep understanding of UAE tax laws to negotiate effectively on your behalf.
Who Benefits from Our Corporate Tax Services in UAE?
Our corporate tax services in UAE cater to a diverse range of businesses:
SMEs and Local Businesses: We help small and medium enterprises understand their tax obligations and implement efficient tax practices.
Free Zone Companies: Our experts assist free zone businesses in determining their tax status and maintaining compliance while maximizing available benefits.
Multinational Corporations: We guide international companies through the complexities of UAE corporate tax, addressing cross-border transactions and transfer pricing issues.
Startups and Entrepreneurs: Our consultants provide startups with the tax guidance needed to establish solid financial foundations from the beginning.
Corporate Tax in Free Zones
Businesses registered in UAE free zones may qualify for tax exemptions if they comply with regulatory requirements and don’t engage in mainland business activities. However, free zone companies must still register and file corporate tax returns. Our corporate tax services in UAE ensure your free zone business understands its exact obligations and benefits.
Entities Exempted from UAE Corporate Tax
In the UAE, certain entities may be exempt from any corporate tax, including:
- Government entities and sovereign wealth funds
- Charitable organizations and other organizations that serve a public benefit of some kind (subject to conditions)
- Public pension and other social-security funds.
- Investment funds where a special status is achieved.
We can help explore your potential exemption opportunities by evaluating exemptions based on your activities and provide guidance on how to obtain required qualification.
Why Choose Hallerbos for Corporate Tax Services in UAE?
Hallerbos is a premier provider of corporate tax services in UAE for many reasons:
Experienced Tax Experts
Our team is focused on tax consultants with substantial experience in taxation specifically in UAE including tax technical expertise and practical capacity to give the best service.
Focused on Client Needs
We use an in-depth understanding of your specific business challenges and needs to provide corporate tax services in UAE.
Complete Service
In addition to corporate tax we provide tax-integrated financial services including accounting, auditing, and business advisory for the total support of your business.
Forward Planning
Our method of service focuses not simply on reaction to changes put in place by tax regulations, but rather thinking ahead regarding tax needs of your business.
Contact Hallerbos for Expert Corporate Tax Services in UAE
As the corporate tax environment in the UAE develops, there is a need for specialist advice for corporate success. Hallerbos delivers best-in-class corporate tax services in UAE that allow you to optimize your tax position while ensuring you meet all regulatory requirements. Contact us today to set up an appointment with our corporate tax specialists. We can help you address the complexities of UAE corporate taxation with security and serenity..