Tax Consultant in Dubai, UAE
Tax Consultant in Dubai
A tax consultant in Dubai provides expert advisory and compliance services on corporate tax, VAT, excise, and other obligations under the UAE FTA. They help businesses navigate the complex UAE business environment by managing registration, filing, reporting, and audit preparation processes. Our experienced tax consultants in Dubai ensure full FTA compliance, efficiency, and sustainable business growth.
The tax framework of the United Arab Emirates is diverse. Businesses that operate in the UAE fall under the scope of various tax regimes such as excise, VAT, corporate tax, customs duty tax, etc. Although businesses don’t need to pay hefty amounts of taxes, there are various other requirements that taxes legislations impose on them. This makes it imperative for businesses to hire tax consultants in Dubai, UAE.
Purpose of Choosing Tax Consultancy
Selecting reputable and knowledgeable tax consultants is the greatest method to gain an understanding of the tax regulations of the country in which you reside and operate as a business. Farahat & Co. is one of the major tax advisors in the UAE, providing tax assistance and consultancy services to businesses throughout the country. Farahat & Co. assists businesses in dealing with the legal complexity of filing taxes by assisting businesses in handling all taxation activities. Our skilled tax advisors provide the best services to customers, assisting their businesses in complying with global tax regulations.
These consultants help businesses to:
- Planning of taxes to maximize benefit from applicable reliefs.
- Ensuring compliance with UAE with Federal laws.
- Filling returns correctly and within the stipulated time.
- Represent clients or co-ordinate with officer
- Handling risk attacks to prevent fines.
Tax consultants play a vital role across multiple industries, including retail, manufacturing, real estate, and hospitality, by ensuring compliance and operational efficiency.
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What Are the Roles and Responsibilities of a Tax Consultant
Here’s how professional financial consultants support UAE businesses throughout their journey:
Tax Advisory Services:
We provide specialized guidance on corporate tax, VAT, and excise, helping businesses structure transactions efficiently, interpret complex laws, and manage cross-border tax obligations.
Audit and Risk Management:
Assist companies with FTA audits, documents filing, and risk assessment to avoid fines and provide compliance.
Strategic Planning and Risk Mitigation:
They design effective taxation strategies that enhance financial performance, minimize exposure, and ensure full legal compliance.
Maintaining Records:
Maintain accurate tax-related records, including invoices, receipts, and financial statements, to ensure transparency and compliance during audits.
Minimizing Liability:
Determine ways to make deductions, exemptions, and tax-efficient structuring especially to lower obligations within the law.
International Tax Planning:
Offer counsel on cross-border taxation, transfer pricing, as well as avoiding double taxation, particularly among firms with multinational presence.
Expert Advice:
Provide expert advice on regulatory changes, FTA circulars, and changes to tax legislation, keeping businesses abreast of the compliance requirements.
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What is the industry-Specific Tax Consultant Services in UAE?
An expert consultant in Dubai provides customized services in different industries and they include:
- Insurance Industry: Taxation strategy, policy based, and regulatory compliance.
- Event Management Industry: VAT consultancy, invoicing and creating expenses list.
- Manufacturing Industry: Corporation tax (CT) optimization, excise taxation planning, and supply chain compliance.
- Marine Industry: Shipping and logistic taxation, custom duties, and compliance.
- Oil and Gas Industry: CT planning and energy related tax structuring.
- Healthcare Industry: Compliance with the medical supplies and VAT of private hospitals.
- Education Industry: Taxation strategy of tuition and education exports.
- Wholesale and Retail trade: operation of VAT registration, refunds, and accuracy of reporting.
- Automotive Industry: Vehicles excise, VAT laws, and records.
- Hospitality and Tourism Industry: VAT and CTes compliance, payroll taxes, and advisory.
This industry-specific expertise ensures businesses optimize their financial outcomes while remaining compliant with UAE tax regulations.
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What Key Services Do Tax Consultants Offer?
- VAT Registration & Filing:
Make sure that businesses are registered with the FTA properly, handle VAT returns and assist with continuous reporting.
- Free Zone Tax Advice:
CT and VAT advisory on the free zone-specific obligations, such as the DMCC, JAFZA and DAFZA.
- VAT Health Check:
Perform audits to identify the mistakes, streamline VAT operations, and minimize the threat of penalties.
- CT Advisory:
Provide consultancy on national registration, compliance, and planning according to the UAE laws.
- Planning & Structuring:
Establish effective taxation systems to reduce taxes and cash flow.
- Registration and Compliance:
Help with FTA registrations, reporting as well as maintenance of correct records in businesses of any size.
Need expert VAT or CT support in Dubai? Contact Farahat & Co’s FTA-certified tax consultants today for complete compliance and savings.
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How to choose best tax consultant in Dubai
- FTA-Approved Status:
Ensure that the consultant should be credible and compliant as approved by the UAE FTA.
- Services Offered:
Make sure that the consultant has a complete tax service range of services like VAT, CT, excise, and audit support.
- Experience and Expertise:
Assess experience in the industry, knowledge of the tax policies in the UAE, and capability to deal with cross-border taxation.
- Client Testimonials:
Check reputation and customer review to know about the previous performance and reliability.
- Support and Advisory:
Determine the presence of current advisory services of audits, FTA communications, and compliance updates.
- Niche-Specific Knowledge:
Choose consultants that have experience in your industry, be it real estate, technology, or healthcare.
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What Tax Consultancy & advisory Services available in Farahat and Co
In UAE, consultancy services comprise an entire package of services:
- CT advisory and assurance.
- Filling and VAT consultancy.
- Advisory and compliance excise.
- Risk management and taxation strategy.
- Consultancy and preparation of audit which is approved by FTA.
The services keep businesses within the UAE tax regulations, alleviating risks, and boost operational effectiveness as well as strategic expansion programs.
Corporate Tax & VAT Services
CT advisory: Advice regarding CT registration, filing of returns, exemptions, and deductions under the UAE CT system.
VAT Registration and Filing: VAT registration, VAT returns, and zero rate and exempt supplies as well as the management of penalties.
Excise duty Compliance: Tobacco, carbonated beverages, energy drinks, and vaping products advice, including its classification, reporting, and filing.
Compliance, Audit and Regulatory Support.
Tax consultants help with FTA audits, regulatory compliance, and risk mitigation through:
- Conducting pre-audit reviews.
- Controlling audit reports and records.
- Facilitating AML compliance and reporting by the FIU.
- Helping with appealing penalties and reconsidering FTA.
This will make sure that businesses are not fined and have a clean compliance record.
Bankruptcy, Liquidation and Accounting Services.
The Consultants are also able to assist companies in the event of LLC liquidation, bankruptcy, or license suspension by:
- Financial statements and final audit reports preparation.
- Keeping proper bookkeeping and accounting.
- Providing international transaction strategic taxation strategy.
- Giving advice on transfer pricing and cross-border taxation.
What is the Difference Between Tax Consultant vs Tax Accountant
| Aspect | Consultant | Accountant |
|---|---|---|
| Role | Strategic advice, planning, compliance guidance | Preparation of taxes, financial record management |
| Services | VAT, CT, excise, FTA audits, cross-border planning | Calculation, filing, bookkeeping, financial reporting |
| Objective | Minimize liabilities, optimize finances, strategic advisory | Ensure accuracy, deadlines compliance, operational tax management |
| Scope | Advisory, risk mitigation, international taxation strategy | Accounting, documentation, return filing support |
| Interaction | Works closely with management for decision-making | Focus on transactional and operational tax tasks |
Why Hiring a Tax Consultant in Dubai Is Essential
- The introduction of VAT, CT and excise in the UAE has rendered professional advice necessary so that businesses can comply.
- Certified consultants offer credibility, compliance regulations, and minimization of fines.
- Through strategic planning, pre-audit reviews, and accurate documentation, consultants help businesses avoid fines and legal complications.
- Consultants and specialists find deductions, exemptions, and structuring opportunities to increase profitability.
- Businesses are also able to concentrate on growth whereas consultants can organize registration, filing and audits.
- Consultants enable companies to expand into new markets confidently by ensuring compliance with UAE tax laws and providing ongoing strategic guidance.
With proper planning, businesses will be able to minimize liabilities legally, enhance cash flow as well as make sound financial decisions.
Types of Tax Services We Offer
Our tax consultancy services help businesses understand the whole tax framework of the UAE. Our expert tax consultants in Dubai can provide you with a range of services including;
- Tax Preparation
- Tax Analysis
- Tax Filing & Tax Refunds
- Tax Disputes Management
- Tax Registration & Deregistration, and more.
How Tax Consultants Enhance Your Business?
Hiring a tax expert is a better alternative for educating an entity or person about a country’s taxation standards. Tax experts assist with accounting procedures for tax-related reasons. Their services add worth to your company by;
- Analyzing the positive aspects as well as drawbacks of your company’s structure.
- Assisting your business in selecting the appropriate Tax plans – optional or required.
- Maximizing profitability along with cutting expenses through effective techniques.
- Minimizing taxes by upgrading with the current tax legislation.
- Appropriate accountancy and bookkeeping that can spare you time and money.
- Establishing performance assessments utilizing metrics to assess the latest trends in the market.
Different Types of Taxes in UAE?
The business environment of the UAE has always been tax-friendly making it one of the biggest business destinations of the world. However, to ensure transparency and to meet global business standards, the UAE has introduced various tax frameworks over time. Different types of taxes that our tax consultants in Dubai help with are as follows;
| Direct Tax | Indirect Tax |
| Corporate tax | VAT |
| Capital gains tax | Excise tax |
| Income tax | Custom duty tax |
Excise Tax
UAE excise tax is a type of indirect tax applied to specified products that are often hazardous to the well-being of humans and the ecosystem. The products that follow will have to be classified as excise products or goods;
- Sweetened beverages
- Electric smoking gadgets and tools.
- Liquids utilized in electronic smoking instruments and gadgets
- Tobacco and products containing tobacco.
- Energy drinks are viewed as any beverage that is promoted or sold as such and contains stimulant ingredients that give stimulation to the mind and body.
- Carbonated beverages including any aerated drink, except unflavoured aerated freshwater.
Corporate Tax
Corporate Tax in UAE, also known as the Corporate Tax, Company Tax, or Business Tax, was implemented by the UAE Mof (Ministry of Finance) which is a direct tax levied on the total income or gain of companies and firms. Corporate Tax in the UAE applies to;
- The UAE’s commercial license holders include all companies and people undertaking business activities.
- Businesses in free zones (The UAE Corporate Tax regime will continue to honor the Corporate Tax incentives now being provided to free zone enterprises that abide by all legal requirements and do not conduct operations established on the UAE’s mainland.)
- Foreign companies and individuals may only do business in the UAE if they do it regularly or on an ongoing basis.
- Organizations that manage, build, develop, broker, or work in the real estate industry.
- Banking Operations
| Income | Tax Applied |
| 375,000 AED or less | 0 percent |
| More than 375,000 AED | 9 percent |
Custom Duty Tax
The customs duty tax is a 5% tax on the good’s value together with the “CIF” (cost, freight, and insurance) value, which covers transportation costs till the goods arrive at their point of delivery.
Customs duty tax is 5% of the total value of the products plus the cost of freight insurance. For alcohol, it is 50% and for cigarettes, it is 100%. Dubai customs has banned the following items from entering the country;
- Gambling instruments & machines
- Artwork and publications that challenge or contradict Islamic values and beliefs.
- Items utilized in sorcery, witchcraft or, black magic.
- Counterfeit currencies
- Pirated content
- Narcotic substances or recreational/controlled drugs.
Value Added Tax
Value-added tax is a type of consumption tax applied to services and products at the moment of purchase. It is a tax levied on consumers and companies for the products and services they purchase. The following supplies are taxable for value-added tax;
- Repairs and maintenance services
- Restaurants and hotels
- Car rentals and sales
- Retail purchase
- Commercial property
The following supplies are exempt from value-added tax;
- Local passenger transport
- Bare land
- Residential properties
The following supplies are taxed at the rate of zero percent;
- The first sale of residential
- Natural gas and crude oil
- International transport and export
- Investment in platinum, silver, and gold
- Medical equipment and medicine
- Healthcare
- Education
Also Read: Tax Agent in Dubai, UAE
Benefits of Engaging the Right Tax Consultants in Dubai, UAE
Here’s how your business stands to gain from selecting the appropriate tax consultants, such as Farahat & Co.:
- Enhanced Business Growth: Proficient tax consultants offer invaluable insights and strategies for expanding your business effectively.
- Error-Free Tax Filings: With expert assistance, tax returns are filed accurately, minimizing the risk of potential errors.
- Updated Taxation Knowledge: Stay informed about evolving taxation policies and regulations through the guidance of knowledgeable consultants.
- Financial Reporting Support: Access comprehensive tax accounting services, including assistance with financial statement preparation and audit facilitation.
- Streamlined Business Formalities: Receive aid in navigating various business formalities, from license renewal to revocation processes.
- Secure Financial Data Management: Ensure the safety and organization of your financial data with expert assistance from seasoned tax professionals.
- Compliance Assurance: Stay compliant with intricate tax laws and regulations, thanks to the ongoing support and expertise of your consultants.
- Penalty Prevention: Safeguard your business from hefty penalties by entrusting meticulous tax procedures to skilled consultants, thus mitigating risks effectively.
Frequently Asked Questions
How Does Tax Consultant Help to Prepare Corporate Tax in UAE?
How to Choose a Reliable and Experienced Tax Consultant in Dubai?
What Are the Services Offered by a Tax Consultant in UAE?
What Are the Benefits of a Tax Consultant in Dubai?
Why Choose Farahat & Co for Tax Consultancy in Dubai?
What are the services a tax consultant in Dubai offers?
What is the best way to select the best tax consultant in the city of Dubai?
What do VAT consultants do in Dubai?
But what can a corporate tax consultant do to benefit my business?
Does a tax consultant assist in taxation across the border or international?
How do I resolve a tax dispute in Dubai with regards to my business?
Willing to make your life easier in terms of tax compliance in Dubai?
+971 52 6922588 | Tel: +971 4 2500251 | E-mail: sales@farahatco.com
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