Free Consultancy Taxation Advisory

FAQs – Your Questions Answered

1. Do I need to register for VAT in the UAE?

If your business revenue exceeds AED 375,000 per year, VAT registration is mandatory. Voluntary registration is possible for businesses earning over AED 187,500 annually.

2. How does corporate tax work in the UAE?

Starting from June 2023, corporate tax applies at 9% for businesses earning over AED 375,000 annually. Some free zone businesses may qualify for 0% tax if they meet certain criteria.

3. What accounting software do you support?

We work with QuickBooks, Xero, ZOHO Books, Tally, SAP, and more. We also assist in software selection and migration.

4. Do I need to file audited financial statements?

While not all businesses are required to file audited reports, many free zones and large corporations must comply with audit requirements. We provide audit support and IFRS-compliant reporting.

5. How can I reduce my tax liability in the UAE?

Through proper tax planning, expense deductions, and VAT structuring, we help businesses minimize their tax burden while staying compliant with UAE laws.