Comprehensive VAT & Corporate Tax Services in Dubai
The UAE's tax landscape has evolved significantly with the introduction of VAT in 2018 and Corporate Tax in 2023. Navigating these regulations requires expert knowledge and proactive compliance management. At Fintech Tax Consultancy, our dedicated tax team provides end-to-end taxation services to ensure your business remains compliant while optimizing your tax position.
As a registered Tax Agent with the Federal Tax Authority (FTA), we bring the expertise and authority to handle all your tax matters, from registration and filing to advisory and dispute resolution.
VAT Services
VAT Registration
We handle the complete VAT registration process with the FTA, including determining registration obligations (mandatory or voluntary), preparing documentation, filing the application, and obtaining your Tax Registration Number (TRN). We ensure a smooth and timely registration process.
VAT Return Filing
Our team prepares and files your VAT returns accurately and on time. We review all transactions, ensure proper input/output tax classification, reconcile VAT accounts, and submit returns through the FTA portal within the prescribed deadlines to avoid late filing penalties.
VAT Deregistration
When your business no longer meets the VAT registration threshold or ceases operations, we manage the deregistration process including final return filing, asset adjustments, and submission of the deregistration application to the FTA.
Corporate Tax Services
Corporate Tax Registration
All taxable persons in the UAE must register for Corporate Tax with the FTA. We guide you through the registration process, determine your tax obligations, assess eligibility for any exemptions (such as the small business relief), and ensure timely registration compliance.
Corporate Tax Filing
We prepare and file your annual corporate tax returns, compute taxable income in accordance with UAE CT law, apply eligible deductions and reliefs, and ensure accurate and timely submission to the FTA within 9 months of your financial year-end.
Transfer Pricing
For businesses with related party transactions, we provide transfer pricing documentation and compliance services. We prepare master files, local files, and Country-by-Country Reports as required, ensuring your intercompany transactions comply with the arm's length principle.
Excise Tax
We assist businesses dealing in excise goods (tobacco, energy drinks, carbonated beverages, sweetened drinks) with registration, return filing, and compliance with the UAE Excise Tax regime.
Important Tax Deadlines
Penalty Warnings
Non-compliance with UAE tax regulations can result in significant penalties:
- Late VAT registration: AED 10,000 penalty
- Late VAT return filing: AED 1,000 (first offense), AED 2,000 (repeat within 24 months)
- Late VAT payment: 2% immediately + 4% monthly (up to 300%)
- Late CT registration: AED 10,000 penalty
- Late CT return filing: Penalties as prescribed by the FTA