Corporate Tax in UAE – Rates, Law & Compliance Advisory
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What Is Corporate Tax in UAE?
Singiri Auditing is a leading provider of corporate tax in UAE. With a team of highly experienced tax consultants in Dubai, we offer a comprehensive range of services, including audit services, internal audits, accounting and bookkeeping services, VAT services, etc.
Moreover, with a deep understanding of the local tax regulations and practices, we also provide solutions to help businesses navigate the complexities of UAE corporate tax.. Our team of experienced tax consultants assists clients in optimizing our tax strategies, ensuring compliance with the applicable laws, and minimizing tax liabilities.
UAE Corporate Tax Benefits and Incentives:
The UAE has gained a reputation for its favorable conditions for business, attracting global investors and entrepreneurs. Presently, corporate tax in UAE is limited to specific sectors such as oil, gas, petrochemicals, and foreign bank branches.
However, the UAE has introduced Value Added Tax (VAT) at a rate of 5% since January 2018, which applies to most goods and services. Despite this, the overall tax burden for businesses in the UAE remains relatively low compared to other countries, making it an attractive destination for businesses seeking tax-efficient structures.
As one of the seven emirates that make up the UAE, Dubai follows the same corporate tax registration framework as the rest of the country.
Moreover, Dubai has also established several free zones, which offer additional tax incentives and benefits for businesses operating within these designated areas. Companies in free zones are generally exempt from import and export duties, and they can benefit from 100% foreign ownership and repatriation of profits.
Why Is UAE Corporate Tax Important for Your Business?
Businesses in the UAE require corporate tax to ensure compliance, take advantage of tax benefits, mitigate risks, streamline processes, and receive expert guidance for strategic tax planning. Engaging professional tax consultants, audit firms, and accounting firms in Dubai can provide significant benefits and contribute to the overall financial success of UAE Corporate Tax Impact Assessment including handling tax and reporting matters.
Why Is UAE Corporate Tax Important for Your Business?
Businesses in the UAE require corporate tax to ensure compliance, take advantage of tax benefits, mitigate risks, streamline processes, and receive expert guidance for strategic tax planning. Engaging professional tax consultants, audit firms, and accounting firms in Dubai can provide significant benefits and contribute to the overall financial success of UAE Corporate Tax Impact Assessment including handling tax and reporting matters.
Compliance
UAE Corporate tax ensure that businesses comply with the complex tax laws and regulations imposed by the government, avoiding penalties and legal issues.
Expertise
CorporateTax consultants in Dubai possess in-depth knowledge and expertise in UAE corporate tax laws, enabling them to provide accurate advice and assistance in tax planning and preparation.
Cost Savings
By engaging corporate tax in UAE, businesses can identify potential tax deductions, credits, and incentives, maximizing their tax savings and optimizing their financial resources.
Audit support
Audit firms in Dubai offer assistance during tax audits, ensuring that businesses are well-prepared and compliant with the tax authorities’ requirements.
Risk mitigation
Internal auditors in Dubai help businesses identify and mitigate tax-related risks, ensuring compliance and minimizing the potential for financial and reputational harm.
Efficiency
Auditing firms in Dubai provide efficient tax management solutions, streamlining tax processes, and reducing the administrative burden on businesses.
Strategic planning
Corporate tax in UAE ensure that businesses comply with the complex tax laws and regulations imposed by the government, avoiding penalties and legal issues.
Who Must Pay Corporate Tax in UAE?
According to the Ministry of Finance in the UAE, the Corporate Income Tax rates are outlined as follows:
- There is no Corporate Income Tax applied to taxable income up to AED 375,000.
- For taxable income exceeding AED 375,000, a Corporate Income Tax rate of 9% is applicable.
- Large companies that satisfy certain criteria associated with Pillar Two of the OECD Base Erosion & Profit-Sharing Project, such as having global revenue surpassing 750 million or AED 315 billion, will be subject to a separate tax rate.
Corporate Tax Exemptions & Reliefs in UAE
Several entities in the UAE are exempted from corporate tax. These include:
- Wholly owned government entities
- Non-profit organizations (subject to conditions)
- Certain types of investment funds
Our corporate tax in UAE and Dubai include advising clients on the available exemptions and helping them determine whether their organization qualifies for any of these exemptions.
What Entities Are ‘Residents’ As Per The UAE Corporate Tax Law?
As per the Corporate Tax Law of the UAE, a resident entity refers to a company that is either registered in the UAE or has its primary management operations conducted within the country. Resident entities are obligated to pay corporate tax on their income earned worldwide. On the other hand, non-resident entities are only taxed on the income they generate from sources within the UAE.
Singiri Auditing tax consultants in Dubai can help businesses determine their residency status and ensure compliance with the UAE Corporate Tax Law.
What Income Is Exempt Under UAE Corporate Tax?
Certain types of income are exempted from corporate tax in UAE, including:
- Wholly owned government entities
- Non-profit organizations (subject to conditions)
- Certain types of investment funds
Our corporate tax in UAE include advising clients on the types of income that are exempted from corporate tax and helping them structure their business operations to minimize their tax liabilities.
How to Register for Corporate Tax in UAE
All businesses subject to UAE corporate tax must register with the relevant tax authority and obtain a tax registration number (TRN).
The registration process involves submitting an application along with the required documentation, such as the company’s trade license, articles of association, and proof of residency.
Singiri Auditing tax consultants in Dubai can assist businesses with the registration process and ensure that they are compliant with the UAE Corporate Tax Law.
Which Entities Are Subject To Corporate Tax in UAE ?
The UAE has implemented a federal tax system that is applicable to all businesses and commercial activities operating within the seven emirates. However, there are specific cases where exceptions apply:
- Businesses involved in the extraction of natural resources will still be subject to the tax regulations issued by the respective emirate.
- Individuals earning personal income, such as salary or investment returns, will be exempt from the tax as long as their income-generating activities do not require a commercial license.
Calculation of Taxable Income
The taxable income of a company is calculated by deducting allowable expenses and exemptions from the company’s gross income. Allowable expenses include operating expenses, depreciation, and interest on loans, among others.
Our corporate tax in UAE and Dubai include helping businesses calculate their taxable income and advising them on the available deductions and exemptions to minimize their tax liabilities.
Formation of Tax Groups
In the UAE, related companies can form a tax group to consolidate their tax liabilities and simplify the tax compliance process. Singiri Auditing tax consultants in Dubai can help businesses determine whether they qualify to form a tax group and assist them with the necessary documentation and procedures.
UAE Corporate Tax Return: Filing Deadlines & Process
Businesses subject to UAE corporate tax must file their tax returns and make the necessary tax payments within the specified deadlines. Failure to do so can result in penalties and fines. Singiri Auditing corporate tax in UAE and Dubai include assisting businesses with the preparation and filing of their tax returns and ensuring timely payment of taxes.
To wrap up, Singiri Auditing, The top tax consulting firms in UAE is a one-stop solution for all your corporate tax needs in UAE and Dubai. Our team of experienced tax consultants in Dubai is committed to providing the highest level of service and ensuring that your business remains compliant with the ever-changing tax laws and regulations in the region.
Whether you are a local business or a multinational corporation, Singiri Auditing is one of the top providers of Business setup in Dubai, also offering audit & accounting services in Dubai. We are your trusted partner for UAE corporate tax compliance.
Our Complete UAE Corporate Tax Services
With our expertise and experience in the field, we offer a full range of tax solutions tailored to meet the specific needs of your business making it the top tax consulting firms in UAE. Whether you are a multinational corporation or a local startup, our dedicated team of tax professionals will help you navigate the complex landscape of corporate tax in UAE .
Besides, our commitment to excellence and client satisfaction sets us apart from the competition. We understand that every business is unique, which is why we take the time to understand your specific goals and objectives before providing tailored tax advice and solutions. Our team stays up-to-date with the latest tax regulations and changes in the UAE, ensuring that you receive accurate and timely advice that is compliant with local laws.
Here are some of the key UAE corporate tax we offer:
- Tax Planning and Compliance: We provide comprehensive tax planning services to help you minimize your tax liabilities while remaining fully compliant with UAE tax laws. Our experts will analyze your business structure, transactions, and operations to identify tax-saving opportunities and develop a strategic plan that aligns with your business goals. We also handle all aspects of tax compliance, including preparing and filing tax returns, ensuring that you meet all the necessary deadlines.
- Tax Advisory Services: Our team of tax advisors offers expert guidance on a wide range of tax-related matters. Whether you need advice on cross-border transactions, transfer pricing, CT Impact Assesement , or tax incentives, we have the knowledge and experience to provide you with practical and effective solutions. We stay abreast of the ever-changing tax landscape in the UAE, ensuring that you receive accurate and timely advice that helps you make informed business decisions.
- Tax Audits and Disputes: In the event of a tax audit or dispute with the tax authorities, our team will represent your interests and work towards a favorable resolution. We have extensive experience in dealing with tax audits and can assist you from responding to inquiries and providing documentation to negotiating with the tax authorities. Our goal is to minimize your exposure and help you navigate the complexities of tax audits and disputes effectively.
- International Tax Services: If your business operates globally, we can help you navigate the complexities of international taxation. We have a deep understanding of international tax regulations and can assist you in optimizing your global tax structure, managing transfer pricing, and addressing any cross-border tax issues. We work with other international tax experts to ensure that your business remains compliant with both UAE and international tax laws, allowing you to operate seamlessly across borders.
- Tax Training and Workshops: We offer customized tax training and workshops to equip your finance and tax teams with the knowledge and skills necessary to manage tax matters effectively. Our training programs cover a wide range of topics, including tax planning, compliance, and international taxation. By investing in the professional development of your team, you can enhance your tax management capabilities and ensure that your business remains tax-efficient.
Why Choose Singiri Auditing for UAE Corporate Tax Services?
Finally, at Singiri Auditing , we are committed to delivering exceptional service and value to our clients. Our team of tax professionals combines technical expertise with industry knowledge to provide you with tailored solutions that drive your business forward.
Whether you need assistance with tax planning, compliance, audits, international tax, or UAE corporate tax, Free Zone, we are here to support you every step of the way.! Contact us today to learn more about our comprehensive range of corporate tax in UAE.
Exclusive Packages
Specially designed packages to simplify your Account Management
BASIC PLAN
- Up To 10 Monthly Transactions
- Get Free VAT & ESR Assessment
- Updating Day To Day Transactions
- Sales
- Purchase
- General
- Monthly Accounting Reports
- Sales
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- Accounts Payable
- Bank Reconciliation
- Balance Sheet
- Income Statement
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ADVANCED PLAN
- Up To 150 Monthly Transactions
- Get Free VAT Consultation & ESR Notification Guidance With Annual Accounting Plan Updating Day To Day Transactions
- Sales
- Purchase
- General Monthly Accounting Reports
- Sales
- Accounts Receivable
- Accounts Payable
- Reconciliation
- Balance Sheet
- Income Statement
- Cash Flow Statement
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PREMIUM PLAN
- Up To 400 Monthly Transactions
- Get Free VAT & ESR Assessment Updating Day To Day Transactions
- Sales
- Purchase
- General Monthly Accounting Reports
- Sales
- Accounts Receivable
- Accounts Payable
- Reconciliation
- Balance Sheet
- Income Statement
- Fixed Asset Register
- Financial Analysis
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Client Testimonials
What Our Valued Customers Say About Us
EXCELLENT Based on 28 reviews Posted on Safidha STrustindex verifies that the original source of the review is Google. The team is highly professional, detail-oriented, and consistently reliable.Posted on Rajveer VanakayalaTrustindex verifies that the original source of the review is Google. We are from banglore India, we have received auditing and accounting services for my family businesses in Dubai. Thank you Singiri auditingPosted on Shravani VadlaTrustindex verifies that the original source of the review is Google. Singiri Auditing has proven to be a highly promising firm. They consistently deliver precise services and know how to build strong relationships with their clients. I would gladly recommend their services.Posted on Mayank aggrawalTrustindex verifies that the original source of the review is Google. Great experience with this audit firm! They provide excellent services with a professional touch. Highly recommend them for all your auditing needs.Posted on Chetu NaikTrustindex verifies that the original source of the review is Google. Singiri team are specialist at work, their relationship between customers are best,having versatile team providing high quality services, thank you singiri and team for your support for auditing and accounting related services you have been provided, love 💕 you allPosted on Pavithra DTrustindex verifies that the original source of the review is Google. Hi am pleased with singiri team , they are amazing, and had a great experience, they addressed all my questions patiently, and they handled from start to finish when setting up the company to registering and filing the VAT AND CORPORATE TAX THANK YOU SINGIRIPosted on Balasubramanian VSTrustindex verifies that the original source of the review is Google. We Atlantic Warehousin DWC LLC, Dubai South engaged Singri as our external Auditor for Tax filing, VAT complaiances and accounting works. We are very with them for their team work with professional approach. Also for Guiding the clients with their profound knowledge as per the UAE Law. Kudos to them and we will recomend their services for sure for their 5**** services with good patronage.Posted on Surya KishoreTrustindex verifies that the original source of the review is Google. Hi we are from Hyderabad, we approached for business setup services in dubai we have git correct guidabce and support in every step of company formation, thank you SUDHAKAR and his team fir detailed financial advises , all the best for the company tqVerified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
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To date we are providing Accounting Services for more than 250 clients across the UAE in Trading, Construction, Real estate, Healthcare, Logistics and other services.
Accounting Services – Frequently Asked Questions
FAQ’s
Here are some common questions about Accounting Service.
As an team of chartered accountants in Dubai, we take pride in keeping the financial transactions and records up–to–date and accurate, allowing key decision makers to rely on management reports that bring cost reduction, consolidated accounting processes, and improvement of efficiency and compliance; enabling stakeholders to focus on where it matters.
Our Expertise
- Accounting and Bookkeeping Services
- Online Accounting/Onsite Accounting
- Backlog Accounting
- Accounting Documentation and Compliance
- Accounting System Set–Up and Training
- Budgeting and Forecasting
- Financial Statement Preparation
- Customized MIS Reports
- Vat Compliance and Return Filling
- We think of our clients as our partners, we collaborate with them not as an external firm but as an extended team, adding value to their businesses.
- We currently provide accounting support to more than 250 clients in trading, construction, real estate, healthcare, logistics, and other services.
- Traditionally, it was common for business owners to hire bookkeeping professionals
- To survive in today’s era of competitive markets and industries, a successful business needs to evolve its processes regularly and save or minimize costs and expenses while maintaining product quality. Now, you can outsource such an appalling task: accounts payable processing and focus on running the business. Our competent team of accountants is highly capable to provide accounts payable processing services periodically depending on your needs. Also, trust that the crucial data of your creditors are perfectly safe.
- pers to work in-house but with modern technology, maintaining a local accountant is often unnecessary. For a business, outsourcing is a logical way to cut costs associated with maintaining personnel. This frees up time and money for business owners to focus on increasing their profit margins, rather than getting occupied with the details of managing people and paperwork. Furthermore, outsourcing removes many of the stresses associated with operating a small business – such as meeting tax, invoice, and billing deadlines. In a nutshell, outsourcing your accounting allows for a sense of freedom and flexibility that is not allotted by most traditionally managed businesses.
- Save staffing and payroll costs
- Access a pool of experts and resources
- More time to focus on your business
- Enjoy a stress-free tax season
- Take advantage of the latest technology
- Scale your books with your business
- Reduce the likelihood of errors
- Guaranteed privacy and confidentiality
- Our Expertise:
- Chart of account review and set–up.
- Data entry, including daily transaction recording.
- Frequency of visits will be determined based on the requirement. We can provide daily, weekly, monthly, and quarterly visits.
- Accounts payable and receivables processing.
- Bank Reconciliations
- VAT Compliant Procedures
- Generating MIS Reports
- ● You do not have to take this everyday challenge, so you can focus on where it matters. We will take the extra mile to understand your business, delivering tailor-made solutions if you are looking for bookkeeping firms in Dubai.
- One of the most important facets of an organization is how well the accounts and finance of the company are managed; your financial statements represent your financial performance throughout the year and predict future performance. Important decisions are made based on these financial statements including banks and financial institutions’ lent loans.
- How can we help?
- We design a financial system including drafting a system for accounting procedures and processes – recording of entries, documentation of all transactions, segregation of duties, and bookkeeping.
- We shall set up the accounting procedures and software to carry out all the financial activities appropriately.
- We shall take up the data entry task and update all your accounts regularly depending on the frequency of your transactions.
- Our team will supervise and check from time to time whether the process is being followed accurately. Inefficiencies will be rectified during this procedure.
- Finally we shall prepare your income statement, balance sheet, cash flow statement, and statement of equity. All your reports will be prepared quarterly and annually for regular analysis of your financial performance.
- One of the most important facets of an organization is how well the accounts and finance of the company are managed; your financial statements represent your financial performance throughout the year and predict future performance. Important decisions are made based on these financial statements including banks and financial institutions’ lent loans.
- How can we help?
- We design a financial system including drafting a system for accounting procedures and processes – recording of entries, documentation of all transactions, segregation of duties, and bookkeeping.
- We shall set up the accounting procedures and software to carry out all the financial activities appropriately.
- We shall take up the data entry task and update all your accounts regularly depending on the frequency of your transactions.
- Our team will supervise and check from time to time whether the process is being followed accurately. Inefficiencies will be rectified during this procedure.
- Finally we shall prepare your income statement, balance sheet, cash flow statement, and statement of equity. All your reports will be prepared quarterly and annually for regular analysis of your financial performance.
- The solution is easy; opt for our Accounting Supervision Service. There are several means of committing and hiding a strategically planned fraud in an organization. Taking precautions is the best you can do to avoid incurring huge losses, or even bankruptcy, in the future. One could never know if one of your most trusted members could be cooking your books for personal gain. To avoid losing your life’s hard work and all the efforts you and your team have put into the business, our team will conduct a regular check of your entity. Since we are a third-party firm, no self-interest or self-review threats could cloud our judgment. You can fully trust us to ensure that the entries of your daily transactions, bookkeeping, and financial reporting are being performed honestly and truthfully.
- Don’t despair; sign up for our Updating Backlog Accounts Service. Maintaining proper books of accounts is a real challenge for small & medium enterprises. If your business is registered under commercial company law in UAE, it is compulsory for you to maintain all your financial transaction records in the prescribed format. Our team will help you to prepare books of account from the date of incorporation of business till the current date; as you provide all the necessary supporting documents; consisting of all the original purchase and sales invoices, payment and receipt vouchers, bank statements from the start of business and record of all the checkbooks used during the period. Our team of experts will update all the records in your company’s accounting software. You will be provided with the following financial reports:
- Balance Sheet or Statement of Financial Position
- Statement of Cash Flow
- Details of the Company’s Accounts Receivable
- Details of the Company’s Accounts Payable
- Efficiency Reports
- Calculation of Variances and Output Analysis
- Calculation of Financial Ratios and Analysis
- Calculation of the Break-even Point for the Company
We certainly can. The strongest pillar of your business is your employees; the best way to inspire their productivity is to ensure a healthy working environment that includes salaries being paid on time. Payroll management can become complex if not properly handled as it involves several perquisites and benefits instead of only wage calculation e.g. leave, vacation expense, insurance, medical benefits, etc. Focus where it matters; instead of wasting time researching salaries and wages laws and regulations, sign up with us for Payroll Services.

