Tax Consultants in Dubai: Professional Advice for Your Business

Dubai has emerged as a global business center, with entrepreneurs and multinational corporations flocking to the city from all corners of the globe. With its pro-investor climate, tax benefits, and booming economy, most businesses are establishing themselves in the area. Navigating the Dubai tax environment, though, needs special expertise and planning. This is where Tax Consultants in Dubai come into the picture.

At A&H Consultants, we specialize in offering the full range of tax consultancy services to assist businesses with compliance against local tax laws as well as optimize their financial strategies. Whether you are a new start-up, a well-established corporation, or an individual, our consultants are available to assist you.

Grasping the Tax System in Dubai

Dubai provides tax-friendly policies, and therefore it is favored by investors. However, Dubai-based companies still have to adhere to various tax acts, including:

Value-Added Tax (VAT): VAT was introduced in 2018 and is charged at a standard rate of 5% on most goods and services. Businesses need to register for VAT if their turnover exceeds AED 375,000 per year.

Corporate Tax: Starting from June 2023, the UAE has implemented a corporate tax of 9% on the income that is above AED 375,000.

Excise Tax: Imposes fees on specific items like tobacco, sugary drinks, and energy drinks for reducing consumption of harmful products.

Withholding Tax: While withholding tax does not apply in most Dubai transactions, business entities that are making transactions with international entities must consider tax implications abroad.

Economic Substance Regulations (ESR): Certain companies must establish significant activities within the UAE in order to fulfill ESR requirements.
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