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Taxation

VALUE ADDED TAX (VAT)

Value Added Tax (VAT) in the UAE is a 5% indirect tax levied on most goods and services. Businesses registered for VAT collect this tax at each stage of the supply chain and remit it to the government. While consumers ultimately bear the burden of this tax, certain essential goods and services are either exempt or subject to a 0% VAT rate.

We Can Assist!

We possess in-depth knowledge of UAE VAT laws and regulations. We can assist our clients with the followings:
• VAT Registration
• VAT Return Filing
• VAT Refund Processing
• VAT Advisory and Agency Services

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CORPORATE TAX (CT)

The UAE introduced a 9% Corporate Tax (CT) rate effective for fiscal years commencing on or after June 1, 2023. This direct tax is levied on the net income of corporations and businesses, with companies having taxable income exceeding AED 375,000 subject to the tax. The tax is calculated based on the accounting net profit after considering specific adjustments as outlined in the UAE Corporate Tax Decree Law.
It is mandatory for all eligible Taxable Entities, including free zone entities and individuals conducting business, to register for Corporate Tax irrespective of their taxable income.

We Can Assist!

Our team provides comprehensive Corporate Tax services, assisting businesses with tax planning, compliance, and risk mitigation including the followings:
• CT Registration
• CT Assessment
• CT Return Preparation or Review and Filing
• CT Advisory and Agency Services

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