Corporate Tax Services in Abu Dhabi

Best Corporate Tax Services in Abu Dhabi

The introduction of corporate tax in UAE marked a significant shift for businesses operating in Abu Dhabi. While the region undoubtedly boasts a competitive CT rate, navigating these new regulations and ensuring compliance can be a daunting endeavor for businesses operating in Abu Dhabi. Here, CDA - a reputable accounting and auditing firm in Dubai, serves as a trustworthy partner for businesses seeking to navigate the corporate tax landscape in Abu Dhabi effectively.

By leveraging the corporate tax services provided by CDA, businesses in Abu Dhabi can navigate the new regulations with ease, take advantage of government initiatives and resources, minimize tax burdens, and achieve long-term success in the evolving business environment.

Plan your Tax Wisely with CDA’s Corporate Tax Services in Abu Dhabi

Compliance with the UAE tax laws doesn't just result in the prevention of penalties; it also safeguards businesses from reputational damage. With a team of experienced tax professionals and a wealth of industry knowledge, we ensure that businesses receive personalized attention and professional guidance from our CT experts, which enables them to thrive in the tax landscape of the UAE.

Below is a breakdown of our core corporate tax services in Abu Dhabi -

• Corporate Tax Registration

As part of the registration process, businesses that are subject to the tax are required to apply with the FTA (Federal Tax Authority) for registration as corporate taxpayers. Here, CDA corporate tax consultants in Abu Dhabi can assist you in submitting your CT registration application and obtaining the TRN (Tax Registration Number).

• Corporate Tax Planning

The CDA tax planners are well-versed in the applicable tax laws and their impact on various businesses. By assessing the laws of every jurisdiction where you have operations, our tax experts offer strategic advice to manage your tax risks, optimize your tax liability, harness long-term tax benefits, etc. Our customized tax plans may involve corporate restructuring, tax-efficient financing, and the implementation of other strategies to minimize your tax burdens while remaining compliant with the CT regulations.

• Corporate Tax Calculations and Provisioning

Our CDA team prepares your financial statements according to IFRS (International Financial Reporting Standards) and locates your net profit for the year. Then, we accurately calculate your corporate tax liability, considering all the applicable deductions and exemptions, to help you establish appropriate tax provisions in your financial statements.

• Corporate Tax Return

Businesses in Abu Dhabi are required to file corporate tax returns once per tax period. The corporate tax return is due 9 months after your tax period has ended. Based on the maintained records, the CDA tax professionals electronically file your tax return with the FTA on or before the due date as per the UAE corporate tax regulations.

• Corporate Tax Audit and Dispute Resolution

The CT audits are an essential part of the new corporate tax regime as they verify the accuracy of the data, assessments, and declarations a business in Abu Dhabi provides. If the FTA decides to evoke an audit on your company, the CDA tax consultants can represent your company, handling all the communications and inquiries on your behalf, and ensuring all your rights are protected during the audit process.

• Transfer Pricing

We assist businesses in complying with the transfer pricing rules, i.e., ensuring that the transactions between related parties and connected persons are conducted at arm’s length principle (price a third party will pay to the business in comparable circumstances). We also help you prepare related documents such as a Disclosure form, an OECD-compliant locale file, a TP master file, a country-by-country report, etc.

• Corporate Tax Compliance

The CDA team takes complete care regarding matters of corporate tax compliance, which is why we keep ourselves updated with the changes in the filing and reporting of CT regulations, making it easier for you to follow the latest guidelines. From maintaining accurate records, and adherence to reporting requirements to timely filing of tax returns, we provide ongoing advice and support throughout the year to ensure you remain compliant with the UAE CT regulations.

Hire CDA’s Corporate Tax Consultants in Abu Dhabi

• Tax Optimization: Through effective planning, the CDA’s skilled advisors identify opportunities such as leveraging deductions, exemptions, etc. to minimize your corporate tax liability and maximize your company's profits.

• Compliance Assurance: Regardless of the intricacies of tax regulations, we at CDA ensure that your company always remains compliant with the CT regulations of Abu Dhabi. This minimizes the risks of legal concerns and improves the reputation of the business.

• Streamlined Processes: Through automation and the employment of advanced technology, our tax service providers improve the accuracy of all your tax-related activities, ensuring that your financial records are maintained in a way that facilitates efficient tax preparation while saving time & resources.

• Risk detection and mitigation:  With the implementation of the stringent tax framework for clients, the team at CDA assists in detecting non-compliance risks and provides strategies to eradicate such risks even before they happen.

• Clear tax insights: The tax consultants at CDA can provide the clients with clear and accurate tax insights, with proper assessments, reasons for the tax expenses, the causes of such expenses, the solution to reduce such tax liabilities, etc., with the personalized tax structure.

• Accurate tax assessments: With the aim of accurate tax optimization, the tax professionals at CDA aid the clients with accurate tax calculation and assessment, eliminating the risk of tax evasion and encouraging the clients to file their tax returns on time.

Achieve Tax Efficiency with CDA’s Corporate Tax Services

Navigating the corporate tax landscape is essential for running a successful business in Abu Dhabi. Here, partnering with the CDA’s corporate tax consultants in Abu Dhabi is a smart decision that will not only ensure your CT compliance but will also optimize your tax position while you can focus on achieving your business objectives effectively.

Get in touch with our corporate tax consultants in Abu Dhabi and take advantage of a FREE CONSULTATION today.