Enforcing tax compliance and tax filing is often a complex task for UAE businesses. The process requires efficient expertise in accounting and auditing, notwithstanding immense precision in tax compliance. Thus, companies are highly advised to outsource the services of accredited tax agents in UAE to avert the intricacies of corporate tax filing and to enforce tax compliance.
What is UAE Corporate Tax?
Corporate Income Tax is levied on companies that have a total taxable income of more than AED 375,000 per year, the standard rate of 9% is applicable to such companies.
Benefits of UAE Corporate Tax Outsourcing
1. Access to Accredited Expertise, CPA, and Certified Tax Agents in UAE
With outsourced corporate tax services in UAE, you can avail quality and effective tax solutions, compliant with the Federal Tax Authority regulations and standards.
- Saves time and cost
Tax preparation is often a time-consuming and relatively costly procedure, which requires the services of seasoned experts to save up on time and costs. Top tax consultants in UAE provide streamlined services that are cost-efficient and timely executed.
- It reduces the burden on your in-house finance and accounting team.
The accounting team has its main focus on recording daily and monthly accounting tasks. Tax compliance is a seasonal requirement. An outsourced company will specifically work with your team for the required number of hours to get the exact outcome required for Tax compliance. Many companies in the UAE have seen the contrast in outsourcing VAT filing, and the same is projected for Corporate Income Tax UAE.
2. Provides Flexibility on Headcount
Tax compliance requires qualified staff, nevertheless, entities can outsource the services of tax and accounting agents for the same. The cycle of hiring and firing can be entirely eliminated by outsourcing certain functions, such as tax compliance.
Read More : Corporate Tax in UAE : All You Need to Know
Farahat & Co – Top Corporate Tax Agents in UAE Today!
Farahat & Co is a reputable and trusted point of conduct that provides outsourced tax services.
This includes :
- Corporate Tax Assessment
- Corporate Tax Preparation
- Corporate Return Filing
- Corporate Tax Registration & Deregistration
- Global Tax Reporting
- VAT and Corporate Tax Compliance
- Calculation of Tax provisions and deferred tax
- Corporate income tax, and several direct and indirect tax solutions
So, contact us today and we shall be happy to assist you!