Corporate Tax Consultation in UAE
Is your business facing trouble with Corporate Tax compliance or is your finance team struggling to keep up with the multiple updates being pronounced under corporate tax regulations in the UAE? Jaxa Chartered Accountants is the vanguard of UAE Corporate Tax Consultancy, providing tailored solutions based on global expertise and local insights.
As a trusted corporate tax consultancy in the UAE, we specialize in customized corporate tax strategies designed to match your business needs. Jaxa ensures seamless and hassle-free corporate tax compliance.
Get Reliable Corporate Tax Consultation Services in the UAE.
Understanding corporate tax law and corporate tax regulations can be challenging, but partnering with expert corporate tax consultants in the UAE can ensure your business remains compliant and maximizes tax savings.
Our expert tax consultants at Jaxa can assist to streamline the compliance process guide your business on all corporate tax related matters right from corporate tax registration, assessment/impact analysis, corporate tax return submissions and to the basis administrative compliance such as advisory on documentation, keeping up with various deadlines etc.
From startups to multinational businesses, understanding how meet the multiple corporate tax deadline and requirements in the UAE is key to ensuring compliance and steering clear of penalties.
JAXA being an FTA-approved tax agent offers useful guidance and support in corporate tax solutions, regulatory compliance, risk assessment, cost-saving strategies, and making the best decisions.
Our team is backed by years of experience and knowledge in financial areas such as taxation, accounting, business consultancy, and VAT compliance solutions.
Our corporate tax consultants at Jaxa always stay up to date with evolving tax regulations and implement efficient strategies that help to reduce corporate tax obligations, strengthen compliance, and improve financial performance. Partner with Jaxa today to drive long-term business growth and success.
Your Financial Goal, Our Commitment
Jaxa Chartered Accountants, is an FTA-approved tax agent in Dubai and our qualified consultants adopt a thorough, strategic approach to ensure seamless compliance for all clients. We don’t just provide tax services; we are a dedicated and trusted ally for protecting your business needs, optimizing tax strategies, and providing bespoke corporate tax solutions in the UAE.
Role of a Corporate Tax Consultant in UAE
Choosing the best corporate tax consultancy in UAE like JAXA, delivers expertise that adds value to your business.
Our deliverables are as follows:
- Evaluating and providing strategic guidance on corporate tax responsibilities.
- Reviewing corporate tax exposure and identifying corporate tax exemptions and reliefs available in UAE free zone and mainland UAE Corporate Tax UAE.
- Identifying strategies for corporate tax grouping to enhance corporate tax benefits.
- Assist in corporate restructuring, covering solutions for global branches and subsidiaries.
- Ensure seamless corporate tax registration while advising on the international tax credits, withholding tax, and expense deduction.
- Guides business to comply with Corporate tax laws and regulations while reducing corporate tax liabilities.
- Deliver tailored corporate tax consultancy solutions for UAE free zone entities.
- Provide streamlined all-in round service from corporate tax registration to corporate tax filing and ensure timely submission with relevant documents.
Why choose JAXA as Your best Corporate Tax Consultant In UAE?
Drawn by an impeccable proven record, Jaxa has been a premier tax consultancy service provider in the UAE. Our team always works along with you by leveraging the full benefits available under the UAE corporate tax law while providing practical solutions for seamless compliance.
We provide comprehensive solutions from corporate tax registration, corporate tax return filing, deregistration, and corporate tax audit assessment while minimizing the tax burden, ensuring compliance with shifting tax regulations, and streamlining business operations.
Our experienced corporate tax consultants at JAXA have global insights, ensuring smooth and stress-free management of the UAE corporate tax reforms. Our approach is always client-centric, providing actionable solutions that comply with business goals.
What makes Us Unique?
- Strategic Insight with Global Outlook
We deliver a top-notch corporate tax consultancy service to businesses of various sizes in the UAE.
- Bespoke Solutions
Our corporate tax consultancy services are designed to meet business requirements.
- Unwavering dedication to Quality
We prioritize quality, accurate, reliable, and strategic outcomes for all tax solutions that drive business to flourish.
- Stay Compliant
We ensure businesses to stay current with the evolving UAE corporate tax landscape.
Avail professional insights from our expert corporate tax consultancy in UAE.
Reach out to Jaxa for a free consultation.
Visit our website for more details.
Avail best quality Auditing and Accounting services from JAXA
The expert will help to tackle business issues by following proper Accounting and Auditing guidelines will also assist you to scale up your business. JAXA also provides various other services such as Tax Services, Payroll Services, Cash flow forecasting and many more.
What we provide
● We ensure that all the records are compliant to the International Financial Reporting Standards (IFRS)
● We are registered and approved auditors in major free zones in Dubai making it easy to conduct audit in the free zone.
●We have an experienced team of over 100+ employees and have an experience of 15+ years.
● Over a decade of quality service has made us one of the most preferred auditing and accounting firms in Dubai.
FAQs
What do you mean by UAE Corporate Tax?
Corporate tax is a direct tax on the annual net income (profit or loss) of any business with the due tax, if any, paid every year.
What rate if tax under UAE Corporate Tax?
The standard rate of UAE corporate tax is 9% which is applied on the taxable income (profits) that exceed the standard limit of AED 375,000/- in a financial year.
Will the UAE apply a global minimum tax rate on multinationals?
Effective January 1, 2025, the UAE will levy a higher rate of corporate tax of atleast 15% on multinational businesses as a part of UAE’s commitment to the guidelines of the Organization for Economic Cooperation and Development (OECD).
What is the impact of non-compliance with UAE corporate tax registration?
Cabinet Decision No.75 of 2023 issued by the UAE has laid down penalties for various types of non-compliances, such as late filing of returns, incomplete records, committing errors in the tax return and not adhering to the UAE corporate tax law. For example, a penalty of AED 10,000 will be imposed for the failure to register for UAE corporate tax within specified timeframe.
Who must register for Corporate Tax UAE?
Every business in the free zone, mainland, and multinational corporations should complete their corporate tax registration, regardless of whether the business generates income or not, applicable rate is 0% or 9%. However, individuals carrying on business in their personal capacity need to register only if their annual revenue is AED 1 million or more.
What is the deadline for submission of corporate tax return and tax payment?
All taxable persons must submit the UAE corporate tax return within 9 months from the end of the financial year applicable to each taxable person. Further, the tax due, if any must be paid within this deadline.
Does an Individual owning investment property under his/her name pay tax on rental income?
Individuals owning real estate and earning rental income in their personal capacity are not subject to UAE corporate tax
Is the salary income from my employment subject to UAE Corporate Tax?
UAE corporate tax only applies to businesses and an individual earning salary income from their employment is not considered as conducting a business. As there is no personal income tax in the UAE, no tax will be applicable on personal income such as salaries.