Taxes
We are a qualified team of Tax consultants. They will help you to comply with the local tax laws. We furnish streamlined tax services to individuals, entrepreneurs, SMEs, private investors, public bodies, and major international groups at varied stages of development.
We provide following services in Corporate Tax and Transfer Pricing:
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Transfer Pricing Advisory
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Transaction advisory services (Domestic and International)
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Corporate Tax Return Filing
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Tax Residency Certificate
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Advise on DTA (Double Taxation Agreements) and PE (Permanent establishment) related service.
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Corporate Tax Registration services
Value Added Tax (VAT)
Value Added Tax is a consumption-based tax imposed on the value added at each stage of the production and distribution process of goods and services. Unlike traditional sales taxes, VAT is levied at multiple points in the supply chain, from the manufacturer to the retailer, and ultimately to the end consumer.
Implementation of the changes for VAT compliance, by integrating changes required in the current business operations and functions of the company, and business process transformation for VAT readiness. The scope of work for VAT support will include:
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Advice on implications of VAT on operations in the UAE
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Advice on invoicing
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Advice on integration of VAT to current accounting system
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Advice on maintaining records and books of accounts in line with VAT law
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Advice on determining VAT liability of all income streams
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Advice on input VAT recovery on expenses
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Support for VAT return filing
Goods and Services Tax (GST)
Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services. It is designed to simplify and streamline the tax structure, replacing multiple indirect taxes like excise duty, service tax, and sales tax. GST is a consumption-based tax imposed on the value added at each stage of the supply chain. It is collected at the point of sale and applies to both goods and services. The tax is implemented through a uniform tax rate applicable across the country, ensuring consistency and reducing tax barriers between states or regions. GST is a destination-based tax, meaning it is levied where the final consumption occurs.