News headline 1 : : The UAE's Ministry of Finance has listed out a number of entities that are not required to register for Corporate Tax. News headline 2 : : The ministerial decision on the Exception from Tax Registration will apply to government and government-controlled entities, extractive businesses, and non-extractive natural resource businesses. News headline 3 : : Additionally, a non-resident person will not be required to register for Corporate Tax if they earn only UAE-sourced income and do not have a Permanent Establishment in the UAE. News headline 4 : : Meanwhile, federal government, UAE government departments and authorities, and other public institutions, do not require to register under Federal Tax Authority as long as they continue to meet the conditions for tax exemption. News headline 5 : : Federal Tax Authority ramps up its efforts by expanding inspection visits by 104% in six months. News headline 6 : : Dubai Financial Services Authority Introduces Whistleblowing Regime News headline 7 : : Big update on UAE Corporate Tax. News headline 8 : : Regular Auditing and maintaining accounts have a greater contribution towards the successful running of a business. The lack of proper books of accounts and regular auditing often results in the business owners continuing to run the venture with the impression that it is going on profitably, while it might be running in loss. The realization comes late and the resultant damages are often irreplaceable. This is where a pragmatic approach to External Auditing services in UAE becomes inevitable. Every business needs the service of professionally qualified and experienced External Auditors in UAE to look into their accounting activities.

whatsapp

Corporate Tax Consultants in Dubai

Certified Corporate Tax Consultants

Welcome to BSD Prime Services, your trusted corporate tax consultant in Dubai. We specialize in providing comprehensive corporate tax advice and solutions tailored to meet the unique needs of businesses operating in the UAE. With a team of certified corporate tax professionals, we offer reliable assistance to ensure compliance with tax regulations while optimizing your tax strategy for maximum savings.

    Common Corporate Tax Issues Faced by Corporate Owners:

    The recent implementation of corporate tax in the UAE has presented both opportunities and challenges for corporate owners. While the new system offers various exemptions and deductions, navigating its intricacies can be complex and time-consuming. Here are some common Corporate tax problems faced by corporate owners:

    Lack of Awareness: Many business owners are unfamiliar with the new tax regulations, including corporate income tax, filing requirements, and payment deadlines.

    Complexity of Regulations: The UAE tax system can be intricate, with various tax rates, deductible expenses, and compliance procedures. Understanding and adhering to these regulations can be challenging without expert guidance.

    Difficulty with Planning: Corporate tax planning is crucial for maximizing your company's tax efficiency. However, developing an effective tax plan requires understanding the nuances of the system and anticipating future changes.

Certified Corporate Tax Consultants

Risk of Errors and Penalties:Incorrect or delayed tax filings can result in hefty penalties, impacting the financial health and reputation of a company.

To Self-Registering for New Corporate Taxes Visit:



Let Us Help You Overcome Tax Challenges

If you're struggling with any of these tax-related issues, BSD Prime Services is here to assist you. Our team of corporate tax advisors is dedicated to helping businesses navigate the complexities of taxation in the UAE, ensuring compliance and maximizing savings.

How BSD Prime Services Can Help

At BSD Prime Services, we understand the complexities of corporate taxation in Dubai. As one of the preferred corporate tax consultants in the region, we are committed to providing expert guidance and support to businesses of all sizes.

Tailored Tax Solutions for Your Business

Our team of experienced corporate tax professionals works closely with each client to assess their specific needs and develop customized tax strategies. We offer a comprehensive range of services, including:

Corporate tax advice and consultation: We can help you understand the UAE tax system and its implications for your business.

Corporate tax planning and strategy development: We can work with you to develop a customized tax plan that minimizes your tax burden and maximizes your profitability.

Corporate tax return preparation and filing: We ensure your tax returns are filed accurately and on time, avoiding potential penalties and delays.

Representation before tax authorities: We can represent you in your dealings with the UAE tax authorities, ensuring your rights are protected.

Tax Audit Support: We can guide you through the tax audit process and help you resolve any issues efficiently.

We understand that every business is unique, and we tailor our services to meet your specific needs. Our corporate tax advisors are committed to providing you with clear and concise advice in simple language, ensuring you fully understand your tax situation and the options available.

Why Choose Our Corporate Tax Advisory Services

When it comes to corporate tax consultancy in Dubai, BSD Prime Services stands out for several reasons:

Expertise and Experience: Our team comprises certified tax professionals with extensive experience in corporate taxation and compliance. We have a deep understanding of the nuances of tax laws and regulations in Dubai, allowing us to provide expert guidance and support to businesses of all sizes.

Cost-effective solutions: We understand the importance of cost-effectiveness for businesses, especially when it comes to managing taxes. Our goal is to help you save money on taxes while ensuring full compliance with regulations, ultimately enhancing your bottom line. With BSD Prime Services, you can expect high-quality tax solutions at competitive corporate tax rates.

Personalized service: We prioritize building strong relationships with our clients, providing personalized attention and addressing your specific concerns.

Reliability and Trustworthiness: At BSD Prime Services, we prioritize reliability and trustworthiness in everything we do. You can count on us to deliver accurate, timely, and reliable tax advice and services, ensuring peace of mind and financial stability for your business. Our commitment to integrity and transparency sets us apart as a trusted partner you can rely on.

Proven Track Record: With a proven track record of success and satisfied clients, BSD Prime Services has established itself as a leading corporate tax consultant in Dubai. Our testimonials and client references speak to the quality of our work and our commitment to excellence.

Contact Our Corporate Tax advisors

Don't let tax-related challenges hold your business back. Partner with BSD Prime Services, your trusted corporate tax consultant in Dubai, and take the first step towards achieving your financial goals. Contact us today to schedule a consultation and learn how we can help you optimize your tax strategy and maximize savings.

Call us today at +971 55 971 6033, +971 50 710 3139, +971 4 235 5682


corporate tax advisors

Frequently Asked Questions

What happens if I don't pay corporation tax?

Failure to pay corporation tax in Dubai can lead to various consequences, including financial penalties imposed by tax authorities, legal actions such as fines and legal proceedings, accruing interest charges on the outstanding amount, damage to your company's reputation and standing, and in extreme cases, asset seizure or company liquidation to recover tax liabilities. It's crucial to ensure timely and accurate tax payment to avoid these repercussions and maintain compliance with Dubai's tax regulations.

Not complying can lead to financial penalties affecting the legal representative, beginning at AED 500 per month and increasing to AED 1,000 per month after the initial year. Postponing tax payments in the UAE incurs a substantial cost, with a monthly interest penalty of 14% per annum.

What is the due date for filing corporate tax return in UAE?

Financial Year Ending on May 31st : Deadline for registration: February 28th, 2025.

Financial Year Ending on December 31st: Deadline for registration: September 30th, 2025. To leran more click here UAE Corporate Deadlines

What is Corporate Tax Rates?

The United Arab Emirates implemented a federal corporate tax system in June 2023. Here's a breakdown of the corporate tax rates in the UAE:

  • 0%: This applies to taxable income up to AED 375,000 (around $102,000).
  • 9%: This is the standard rate that applies to all taxable income exceeding AED 375,000.
  • Multinational Enterprises (MNEs): A different tax rate (yet to be specified) applies to large MNEs that meet specific criteria set with reference to Pillar Two of the OECD's Base Erosion and Profit Shifting (BEPS) Project
  • Where can I find the Corporate Tax Law?

    You can find the Corporate Tax Law and related information on the official websites of the Ministry of Finance and the Federal Tax Authority in the UAE. These resources provide comprehensive details about the law, its provisions, and guidelines for compliance.

    Visit: Corporate Tax Guide