Tax Consultant Services
Know the UAE tax implications before they affect the bottom line.
Talk to our ExpertWhat Tax Consulting Entails
Tax consulting deals with any tax issues that a company may encounter. It includes reviewing the tax regulations in relation to the entity's activities and transactions. If any issue arises, the tax consulting company will advise business owners on how to deal with the situation and ensure that they comply with tax requirements.
Tax Consulting Services: Analyse the Circumstances Behind a Return
While a tax return captures an outcome, it doesn't always capture the whole story. With an eye on the transaction and the business process, our tax consultants in the UAE can help businesses understand the situation, as well as the requirements. These events could be:
- A new company structure that may need VAT and Corporate Tax clarity.
- A transaction may call for a closer review of its correct VAT treatment.
- Related-party dealings may trigger transfer pricing considerations.
- An FTA query may require additional records or explanations.
These situations are often the reason why business owners look to a tax consulting company for advice.
Businesses That Benefit From Tax Consultancy
The nature of businesses' tax needs can vary depending on the structure and operation of a business. Tax consultancy can be relevant for: Mainland and free zone businesses with VAT or Corporate Tax considerations.
- Growing businesses going through operational or structural changes.
- Entities with related-party transactions with considerations of transfer pricing.
- Companies undertaking cross-border activities and UAE tax implications.
- Businesses facing FTA queries, assessments, or penalties.
Where Businesses Usually Need Tax Consultancy Services
Tax consultancy can be required at various points of the life of a business. As well as day-to-day compliance, it is part and parcel of decisions that affect a solid tax position. Excellence has a team of qualified tax professionals who help business owners understand specific considerations. This enables them to make informed decisions if a transaction or change in operations may have a bearing on their position.
Corporate Tax
Corporate Tax advice goes beyond calculating taxable income. We can help clients understand their tax obligations, review eligibility, handle the registration process, and make the final return submission on the EmaraTax portal.
VAT
In addition to the VAT return, issues can arise in any aspect of a transaction. Our VAT consultants can advise on registration, transaction treatment, input VAT recovery, exemptions, and voluntary disclosures.
Compliance Reviews
A business may be compliant in filings, but may also have areas that need attention. Our professional tax consultation includes compliance reviews which look at records and prior treatments to find potential issues before the FTA comes knocking.
Tax Planning and Transaction Advisory
Some areas of a business decision have tax implications, usually less burdensome if considered at the point of planning. This can include entering a new market, changing operations, or handling a specific transaction. Our tax planning services help clients review tax factors before making business decisions.
Transfer pricing
Related-party transactions raise additional documentation and pricing considerations. Our tax and business consulting team looks at the implications of such dealings and supports the production of any necessary supporting documents applicable to the arrangement.
FTA Audits and Dispute Handling
An FTA query, assessment, or potential penalty can involve more than just responding to the immediate requirement. We can review the circumstances and supporting documents to guide the business owners on how to respond, and get the issue resolved.
Why Choose Excellence for Tax Consulting Services?
At Excellence, our tax consultants work alongside accounting professionals in order to understand the situation based on the numbers reported. We gain a better understanding of the implications of the transactions, rather than simply filing based on the figures. With over a decade of working experience with businesses in the UAE, we offer support on a range of tax advisory matters, as well as more technical queries that require a closer review.
Whether a specific query or a continued consultancy, our approach is based upon the facts of a business, and the issues that require further analysis. Speak to our tax consultants in the UAE about your tax requirements.
Affiliations & Accreditations
Our relentless pursuit of excellence, proven through our prestigious International and Local accreditations, sets us apart from others. This track record makes us the go-to consulting and business services provider in the UAE, with approvals from prominent free zones and mainland regulatory bodies. We deliver high-quality, reliable, and tailor-made entrepreneurial service packages that empower businesses to achieve their goals.
- International Standard Of Quality
- International Register of Quality Assessed Organizations (IRQAO)
- Global Trusted E-Network
Frequently Asked Questions
With our proactive and client-centric approach to accounting services in Dubai and across the UAE, clients gain peace of mind knowing they are fully compliant and well-positioned for success in a dynamic regulatory landscape.
A business can file its Corporate Tax return directly via the EmaraTax portal. A tax consultancy is helpful when a business's return involves related-party transactions, restructuring, or offshore transactions. Additionally, it is useful to review figures and supporting documentation prior to submission of any tax return.
It depends on the needs of the business. Both Mainland and Free Zone entities may have tax liabilities (VAT, Corporate Tax) depending on certain factors. A tax consultancy can help with a review of a business's tax position and advise if tax planning is required, which is usually the case.
One-off assignments such as a consultation, compliance check, transaction review, or filing and registration will have comparatively lower fees than ongoing tax consultancy support. In addition, the scope of work required to address a particular issue will determine the fee, so a transaction involving multiple areas of tax (VAT, Corporate Tax, transfer pricing, FTA, etc.) will be more involved than one that addresses a single point. To get the exact quotation, speak to our tax consultants in the UAE.
Yes, a tax consultancy can help you respond to queries from the FTA. It can review the information provided by the client, analyse the relevant transactions, and identify what needs to be disclosed or remedied. In the case of an assessment, a tax consultancy can advise on the response to an FTA dispute notice or a tax audit.
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