Corporate Tax
Corporate Tax services in Dubai

As one of the world’s most dynamic business hubs, Dubai offers an enticing environment for entrepreneurs and corporations to thrive. However, navigating the intricate landscape of corporate taxation in this global city can be a challenging endeavour. That is where we come in.

NRV Dogras Associates is a renowned and established corporate tax consultant in Dubai, Abu Dhabi UAE. Our dedicated team of tax experts assist you in optimizing your corporate tax strategy, ensuring compliance with local regulations, and maximizing your tax efficiency in Dubai. Whether you are a multinational corporation or a start-up, our tailored tax solutions are designed to help you make informed financial decisions, minimize tax liabilities, and ultimately drive your business toward greater success in this thriving metropolis.
We understand that each business is unique, and so are its tax requirements. Our experienced professionals bring in-depth knowledge of the Dubai tax system, coupled with a global perspective, to provide you with personalized guidance and practical solutions. From corporate tax planning and structuring to VAT compliance, our services cover a wide spectrum of tax-related needs. Let us partner with you to ensure that your business remains financially sound and tax-efficient in UAE’s ever-evolving economic landscape. Read on to explore how our Corporate Tax Services in Dubai, Abu Dhabi UAE can empower your business growth in this vibrant economy.

Faq’s

Which type of businesses are subject to corporate tax in Dubai, UAE?

Corporate tax applies to all UAE businesses and commercial activities except for the extraction of natural resources, which is still subject to Emirate level taxation.

Does UAE corporate tax apply to individuals doing business as sole proprietors?

UAE corporate tax applies to any individual that conducts regular trade or business in the UAE. Thus, an individual who has a commercial license to conduct business in UAE shall attract corporate tax.

Does UAE corporate tax apply to companies set up in free zones?

Companies set up in free zone are subject to corporate tax and hence are required to comply with the regulations. However, companies in the free zone that do not conduct business with mainland UAE and comply with all other regulations will continue to receive incentives currently being offered to them.

Who is responsible for the administration and collection of corporate tax in UAE?

Federal Tax Authority will be responsible for the administration, collection and enforcement of corporate tax in UAE.

How is taxable income calculated for UAE corporate tax determination?

The taxable income for the purpose of determining corporate tax in UAE is calculated after making specified adjustments or exceptions to the accounting net profit of UAE businesses as reported in their financial statements. Tax losses can be carried forward to subsequent fiscal years and set off against the taxable income for the respective year.

Is UAE corporate tax applicable to businesses in each Emirate?

The corporate tax in UAE is a Federal tax and will therefore apply across all Emirates.

How do I determine if my business falls within the scope of UAE corporate tax?

The UAE government considers all the activities undertaken by a legal entity as “business activities” and hence fall within the scope of UAE corporate tax.

Does UAE corporate tax apply to industries engaged in the oil and gas sector and other extractive industries?

No, UAE corporate tax does not apply to industries engaged in the oil and gas sector and other extractive industries. They will be subject to Emirate level corporate taxation.

Does UAE corporate tax apply to the banking sector?

Yes, banking operations, including those currently taxed at the Emirate level, will be subject to the UAE corporate tax.

Will I be able to set off my losses from periods prior to the implementation of UAE corporate tax with my future taxable income?

ax losses incurred prior to the implementation of UAE corporate tax will not be allowed to be set off against future taxable income. Only losses that are generated during and after the first UAE corporate tax period can be carried forward and offset against future taxable income.