Corporate Tax Consultancy Services in UAE

Leading Corporate Tax Consulting Services in UAE

UAE’s Ministry of Finance has already implemented the new tax regime from June 1, 2023, onwards, with the aim of diversifying the income of the government and reducing its dependence on the income from the oil and gas industries. The implementation of corporate tax has mandated all business entities to get themselves registered under the purview of the CT if they all meet the said criteria. Along with the businesses, CDA has also geared up to provide various corporate tax consultation services to its clients, enabling them to get through the initial stages of tax registration, filing, and other processes.

Need for Corporate Tax Consultancy Services in UAE

All the entities in the UAE with a taxable annual profit under AED 375,000 are subject to 0% of CT, whereas all the business entities with an annual taxable profit of more than AED 375,000 are subject to 9% of CT, making them liable to get registered under the regime.

UAE Corporate tax regimes, being a new concept for most business entities in the UAE, can be complex in nature, and getting proper insights into the implementation of the regime might be more subtle, which increases the importance of corporate tax consulting services from well-known consultants like CDA.

The reasons for having consulting services include:

• Ensuring compliance

Getting a proper corporate tax consultation from leading firms like CDA can help you stay on track with the new rules of the CT regime and avoid paying huge penalties to the authorities for non-compliance and delayed registration processes.

• Accurate calculation of returns

Consultation from prominent service providers on CT can help you understand the threshold for the new CT law and calculate the accurate taxable income and returns with professional assistance, avoiding the payment of huge taxes on the profits.

• Insights on exemptions and deductions

Get to know about all the exemptions and deductions under the CT purview and identify the ones that are applicable for your business with the help of corporate tax consultancy services rendered by tax experts like CDA.

• Reduce delay

Being a new tax law, the business might need more time to get the functionality of the laws, but you can get ahead of others and avoid delays in tax registration, filing, and calculation processes with the help of friendly corporate tax consultancy services from the experts in the UAE.

• Ensuring proper maintenance of documents

Maintain all the required documents and records that might be needed for the purpose of corporate tax registration, CT filing, and other tax-related matters with the help of the guidance provided by the expert tax consultants.

• Stay updated on new tax rules.

Always stay updated about new rules under the CT regimes or any changes made by the authorities with the assistance of the well-equipped tax consultants in the UAE, like CDA.

CDA: Your Best Corporate Tax Consultant in UAE 

CDA has been providing varied tax consultation and advisory services to its clients for more than a decade, which has made it one of the most reliable consultants in the UAE. We, with a bunch of experienced team members, are always equipped to meet the tax needs of our clients. Our team has acquired all the required knowledge of the new corporate tax regime since its implementation, making us experts in corporate tax consulting and service providers.

CDA’s corporate tax consulting services include:

• Mitigating corporate tax-related issues on time
• Personalised corporate tax assistance
• Corporate tax implications on ongoing operations and analysing the changes required
• Online corporate tax consulting services
• 24*7 corporate tax assistance to resolve frequent queries
• Detailed corporate tax assessments
• Providing adequate training to the staff regarding the new CT regime
• Conducting virtual and offline conferences to discuss major CT laws and their effect on business
• Assisting in the preparation of accurate financial statements, including tax assessments
• Assisting in the preparation of a stringent corporate tax framework
• Consultation regarding corporate tax registration and filing returns

These are some of the corporate tax consulting services provided by the prominent team at CDA in the UAE, enabling businesses to focus on their core activities while staying compliant with the CT regime in the UAE.

Perks of CDA’s Corporate Tax Consulting Services

Getting proper corporate tax consulting services at the right time can be so beneficial for your firm in the UAE. Getting advice on the new CT regime can assist you in saving taxes and staying on top of the market with various tax benefits. The benefits of corporate tax consulting services from firms like CDA include:

• We plan and provide all the relevant information related to tax for your business.
• We keep an eye on every aspect while you file the returns.
• We can help you save a lot of time dealing with tax matters.
• We can provide a proper computation of taxes after making all the adjustments, like exemptions and deductions.
• We can help you keep updated records and documents as per the CT regime.
• We can assist you in building innovative strategies to reduce taxes.
• We can provide advice on facilitating proper CT management for your business.
• We can help you deal with tax risks.
• We can help you get ready for any kind of corporate tax audit.
• We can assist you in availing of all the corporate tax benefits available.

Get your Corporate Tax Sorted with CDA

CDA has been providing the best tax consulting services to its clientele in the UAE for more than a decade, which has made it one of the leading tax consultants in all the UAE. CDA not only provides you with mere consultancy services but also ensures that you properly implement all the strategies and solutions to get the CT right. Our team of experts has been researching and studying the impact of the new CT regime on businesses in the UAE and has devised many strategic conclusions that could help your business in the UAE get all the available CT deductions applicable, thereby reducing your tax liability. To learn more about our CT services, contact our team now.