Tax Consulting in Dubai

The UAE government will be imposing a tax on businesses with a yet-to-be-finalized minimum annual turnover. The rate of VAT is 5%. A VAT will be applied to the majority of transactions throughout the value chain.

The Zero tax regime was one of the major reasons that the UAE has traditionally been seen as commerce-friendly by businesses; however, the government’s plan to raise revenues to supplement the income from oil and other hydrocarbons through VAT has raised quite a few questions among companies.

To address these concerns, Commitbiz has launched tax consulting in Dubai to provide advice on tax issues to foreign companies operating in the UAE. We guide our clients on how to avoid double taxation, how to implement tax treaties between countries, reviewing the periodical forms and statements of the companies, among others.

Tax Consulting Services in Dubai

The Ministry of Finance (MoF) introduced Value Added Tax (VAT) in UAE, effective in 2018. Details on our tax consulting services are as below:

Direct Tax Services

We ensure you don’t pay double taxes to the government and, at the same time, don’t get caught on the wrong foot for tax avoidance. Some of the services we provide in this category are:

  • Representation of clients before tax authorities for assessments, appeals, surveys, research & seizure cases
  • Tax management consulting services to minimize and manage tax liability under the UAE tax laws
  • Filing of tax returns.

Value-Added Tax in Dubai

A VAT is a new category of tax altogether, and you don’t want to be caught unaware of a major compliance issue. To be made exempt from VAT, you need a Dubai VAT certificate

We have explained the details of procuring one here. The services we provide in this category are:

  • Registration with VAT/sales tax authorities
  • Filing of periodical returns and calculation of tax liability
  • Representation for assessment, appeals reference, etc.
  • Assisting with other VAT/sales tax compliance
  • Procurement of statutory forms
  • VAT planning and consultation services.

Service Tax in Dubai

If you are in the business of providing any kind of service, then you would need to pay a service tax. Below are the services we provide in this category:

  • Registration with service tax
  • Calculation of service tax
  • Consultation services for assessments, appeals, etc.
  • Advisory Services for Tax Planning and minimization
  • Filing of regular service tax returns and other compliances
  • Research and preparation of records for Cenvat, service tax credit, and other records under service tax law.

For more information, do write to us at info@commitbiz.com.

If you need any help with the tax residency certificate, feel free to Contact us. We will be glad to assist you.

FAQs

When was VAT introduced in the UAE?

2018.

What are the services of tax consulting in Dubai?

They are as follows:

  • Direct tax services
  • Value-added tax 
  • Service tax.

Which governing body regulates the services of tax consulting in Dubai?

The UAE Ministry of Finance.

Which document is necessary to apply for VAT exemption in the UAE?

A VAT certificate.