CT Advisory
CORPORATE TAX ADVISORY
The UAE Ministry of Finance introduced Corporate Tax on business profits, effective June 1, 2023. Compliance with corporate tax regulations is mandatory for all applicable companies in the UAE, including filing annual tax returns and maintaining proper accounting records following the relevant laws and regulations. Businesses based in UAE would need to be geared up to adapt to these new changes.
Tax policy reforms and the introduction of new tax regulations in UAE and across the GCC are creating huge challenges for businesses when it comes to understanding and implementation of the corporate tax law. We offer a comprehensive scope of Taxation services that can address the challenges imposed from a tax perspective, and we can assist with guiding and navigating your business through the tax landscape.
To make you prepared for the new tax regime, you need proper planning, assessment, and understanding of the corporate law.
At M&M, we have a dedicated team of professional tax consultants to help you in every corporate tax-related matter. We provide complete, high-quality, and timely customised corporate tax advisory services in Dubai, UAE covering:
- Advisory on effective Tax planning, analysis and compliance.
- Review of existing business / transactions.
- Tax grouping and group restructuring from corporate Tax perspective.
- Advisory on domestic and cross border transactions with related entities giving rise to Transfer Pricing impact on the businesses.
- Withholding tax obligations and tax impacts.
- Permanent Establishment (PE) Advisory.
- Applicability of CT on Free Zone jurisdictions.
- Tax loss setoff provisions.
- Corporate Tax due diligence.
- Minimization of tax liability through tax planning.
- Devising tax efficient structures.
- Providing regular updates on CT law.
- Access to professional advice on tax-related matters.