Corporate tax services
At Foster Chapman, we realise it can be hard to navigate the new Corporate Tax that is affecting companies throughout the UAE. We are here to guide you through the whole process, from registration to return filing, so that you are fully prepared to comply with these new regulations.
Why do you need Corporate Tax services?
Our way
What are the benefits of our services?
- Accurate Tax Calculation and Filing: Professional services ensure precise tax calculations and timely filings, reducing the risk of errors.
- Minimisation of Tax Liability: Expert tax planning strategies help minimise your tax burden within legal boundaries.
- Compliance with Tax Laws and Regulations: Stay up-to-date with the latest tax laws and ensure your business complies with all requirements.
- Avoid Penalties: Prevent costly penalties and fines for non-compliance by adhering to proper tax practices.
- Access to Our Team’s Professional Advice: Receive guidance on complex tax issues and strategic tax-related decisions from experienced professionals.
Utilising Corporate Tax services in the UAE ensures that your business not only complies with the law but also optimises its tax position effectively by making informed decisions.
Ask About Corporate tax services
In more detail
What areas of Corporate Tax do we cover?
Foster Chapman offers specialised CT services designed for businesses of all sizes in the UAE. Our services encompass every aspect of Corporate Tax, ensuring accurate tax liability management. With our team of highly knowledgeable tax consultants, we provide assistance in the following areas:
• General Provisions
• Imposition of Corporate Tax Rates
• Taxable Person and Corporate Tax Base
• Free Zone Person
• Taxable Income Calculation
• Exempt Income Calculation
• Corporate Tax Payable Calculation
• Corporate Tax Payment and Refund
• Reliefs
• Expenditure and Deductions
• Transactions with Related Parties
• Provisions for Tax Loss
• Tax Group Provisions and Formation
• Exempt Persons and Businesses
• Transfer Pricing Documentation
• Rules on Anti-abuse
• Corporate Tax Registration and Deregistration
• Filing Corporate Tax Returns and Clarifications
• Penalties
• Transitional Rules
• Closing Provisions
With Foster Chapman, you can be assured you’ll be receiving comprehensive support and guidance in all Corporate Tax matters, ensuring compliance and optimal tax management for your business.
What is the procedure for our services?
Our Corporate Tax Services are designed to help your business comply with the UAE tax regime, successfully implement CT procedures, file tax returns and receive comprehensive tax support. Here’s how we assist you through each step:
1. Assessing your business – We first spend time reviewing your business and all of its activities and records, to quickly determine how much Corporate Tax you are subjected to.
2. Tax Planning – Following the assessment, we will help you to implement tax-saving strategies to minimise your tax liability.
3. Filing Tax Returns – We will not only prepare your Corporate Tax reports, but file them for you, to make sure they completely adhere to all the tax regulations.
4. Tax Payment – Don’t worry, we make sure that your payment is received on time!
5. Representation in Tax Audits – If a tax audit occurs, we represent your business, and ensure that everything is easily dealt with.
6. Guidance – We offer continuous support and advice on tax-related matters to ensure your business remains on top of any shifting tax regulations.
With our structured approach, your business can efficiently manage Corporate Tax obligations and focus on its growth.
Related Services
Corporate tax registration
Foster Chapman offers top-notch Corporate Tax services, ensuring professional and timely CT registration in the UAE, in compliance with the new UAE CT regime.
Corporate tax assessment
At Foster Chapman, we offer expert corporate tax impact assessment services in the UAE, ensuring businesses remain compliant with tax regulations.
Corporate tax audits
An audit is a mandatory process to assess a company’s tax liability, compliance and financial records. During the audit, an auditor examines all of your financial statements, tax returns and any other related documents.
Corporate tax return
If you fail to file your tax returns, you could face penalties and fines, so it is best to understand the legal requirement of your tax return filing from the start.
Articles Related to Corporate Tax
The new 1 Million AED threshold for Corporate Tax – A breakdown
Recently, the UAE Ministry of Finance issued a Cabinet resolution to clarify the Corporate Tax obligations for individuals and businesses with yearly revenues over 1…
Transfer Pricing – what is it and how does it impact my business?
As of 1st June 2023, the United Arab Emirates has implemented transfer pricing laws under its new Corporate Tax legislation. With our quick overview, we'll…
