Outsourcing accounting and tax services is cost-effective, eliminating the need to hire a full-time certified accountant for your business.
0% tax on annual net profits up to AED 375,000
9% tax on annual net profits above AED 375,000
We simplify your financial journey offering easy accounting, VAT filing, and corporate tax support for all business types across the UAE.
Outsourcing corporate tax services ensures expert handling of accounting, auditing, and compliance, saving time and reducing business risks in Dubai.
Outsourcing accounting and tax services is cost-effective, eliminating the need to hire a full-time certified accountant for your business.
Outsource record-keeping to run your business smoothly and stay focused on growth without handling accounting tasks yourself.
Outsourcing helps accurately calculate employee wages, incentives, and deductions, ensuring timely and error-free payroll management.
Your outsourcing team manages, calculates, and reports Value-Added Tax (VAT) accurately and on time for compliance.
Outsourcing ensures accurate record-keeping, reconciliation, and balancing of your bank statements for better financial management.
Outsourcing handles your sales and revenue data by tracking and posting it accurately, relieving you of this responsibility.
While Dubai does not have traditional forms of taxation like income tax, it does have a Value Added Tax (VAT) and corporate tax system. However, VAT is 5%, and corporate tax ranges from 0 to 9%.
Yes, taxes, including VAT, are an integral part of accounting. Moreover, they are recorded and reported in financial statements to ensure compliance with tax regulations.
Dubai follows a unique tax system compared to many other countries. However, there is no personal income tax on individuals, and there are no taxes on capital gains or wealth. In UAE, however, there is a Value Added Tax (VAT) of 5%, and the corporate tax system, by the government of UAE (United Arab Emirates), was introduced in 2023.
The standard Value Added Tax (VAT) rate in Dubai, as well as across the UAE, is 5%. VAT applies to most goods and services
As of June 1, 2023, the UAE implemented a corporate tax. Significantly, this tax applies to the first financial year beginning on or after that date. Additionally, businesses will be subject to a corporate tax rate of 9% on taxable profits exceeding AED 375,000.
However, keep in mind that tax regulations may evolve, so it’s advisable to consult with a local tax advisor or authority for the most current information.
Before 1st June 2023, UAE was corporate tax-free. But now it is subjected to a 9% corporate tax rate but only applicable to businesses with a net yearly profit above AED 375,000.
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