Corporate Tax (UAE)

United Arab Emirates have introduced Corporate Tax w.e.f 1st June 2023. It is applicable to every business except some specified category. The applicable percentage of tax is 9% on the taxable income. Calculation of taxable income and tax liability to be done based on the provisions of Federal Decree Law 47 of 2022 and the Ministerial Decisions issued on this behalf. There is a special treatment applicable for Freezone companies and they can continue to enjoy the tax benefits only if they comply with the required conditions.

We help businesses for: 

• Assessment of tax applicability, process & system
• Tax Registration and obtaining the ‘Tax Registration Number.’
• Training the team and Software implementation
• Advising the company in terms of applicability of tax
• Assessment and advising on the specific provisions to Freezones
• VAT liability computation & Filing of return

Alchemist Accounting Services in UAE provides expert corporate tax advice and services to help businesses stay compliant with the latest tax laws and regulations. Our experienced team of professionals can assist you with all aspects of corporate tax, from planning to compliance. Contact us at +971582660929 for a consultation today.