Corporate Tax Consultancy

On June 1, 2023, the United Arab Emirates (UAE) implemented a federal corporate tax system. This tax system imposes a 9% tax rate on profits exceeding AED 375,000. Certain exemptions and relief measures are available, particularly for individual businesspeople, small business entities, and entities located in free zones, etc.

If your business operates in the UAE, it is essential to commence preparations for the corporate tax framework. This entails gaining a comprehensive understanding of the preparation of financial statements with internationally accepted accounting standards, understanding deductible and non-deductible expenses, rules related to tax losses, transitional provisions, transfer pricing rules, freezone exception conditions, tax group participation exception, corporate tax rates, available exemptions, and relief provisions. Additionally, you should be equipped to navigate tax calculations and the filing process. Seeking the assistance of a corporate tax consultancy may be a wise decision to facilitate this transition.

Accruon Consultant stands as a leading corporate tax consultancy firm in the UAE. Our team consists of qualified chartered accountants with more than 25 years of expertise in handling various direct and indirect tax laws in different countries. Accruon Consultant helps you in the following specific areas to comply with corporate tax laws; 

Accruon Consultant Helps You In The Following Specific Areas To Comply With Corporate Tax Laws

Our team comprises seasoned tax professionals who possess the expertise to guide you through all aspects of corporate tax compliance within the UAE. They can provide insights into the implications of the new tax system on your business. Accruon Consultant has a team of experienced tax professionals well-versed in the UAE’s tax regulations—qualified professionals who are members of recognized professional bodies. We prioritize competitiveness and transparency of fees, exceptional customer service, and responsiveness to your specific needs.