Expert Corporate Tax Consulting Services in Dubai
FINACT is one of the leading corporate tax consultants in Dubai, UAE, which offers corporate tax planning and compliance services to their client. At FINACT, we make the complexity work in your favour. As the UAE tax environment continues to evolve, our globally experienced experts ensure your business maintains tax compliance in Dubai and in the best possible position to benefit from opportunities on offer. Well beyond compliance, we build relationships that enable your business to flourish in an environment of regulatory complexity. Maximize your profits with strategic tax planning of our corporate tax consultant.
Custom Corporate Tax Solutions in Dubai for Your Business
The changing UAE and GCC taxation legislation requires skilled management. Our corporate tax consultant offers customized solutions that cater to your specific business needs in Dubai. From corporate registration in the UAE right up to complex cross-border transactions, we bring clarity to complexity.
Our strategy starts with learning about your special operations before developing strategies appropriate for your business goals. This accurate focus guarantees you get recommendations that are tailored to your situation.
Why Dubai for Your Business Venture?
Dubai is the preferred hub for entrepreneurs from around the world, with an unrivalled business environment distinguished by proactive positioning, leading-edge infrastructure, and open policies. The Emirates's zero corporate tax policy, providing 100% foreign ownership facilities and streamlined regulatory mechanisms, offers the ideal platform for enterprises to flourish and drive their business to unprecedented heights.
Whereas everyone acknowledges the promise of Dubai, few address its incorporation landscape with the level of accuracy and vision that your business is worthy of. That is where our expertise turns possibility into prosperity.
Our End-to-End Company Incorporation Services
Customised Incorporation Plans
Every company has unique needs and objectives. Our experts conduct in-depth consultations to understand your vision, objectives, and working needs before draughting a customised incorporation plan. Free zone company or mainland establishment or offshore establishment, we select the most suitable form to facilitate your business goals.
Constant Support
Our Dubai company setup packages include all the most significant aspects of your incorporation process:
Strategic selection of jurisdiction based on your business activities
Reservation and application for trade name and licence
Preparation and submission of corporate documents
Banking and account opening
Processing of shareholder and employee visas
Tax registration and compliance strategy
Physical office space planning
Post-Incorporation Excellence
Our relationship extends well beyond the success of incorporation. As your trusted business setup consultants in Dubai, we guide you through ongoing advice on accounting, tax, compliance, and strategic development programmes to ensure your business succeeds in Dubai's competitive economy.
FINACT Advantage
What Differentiates Us: We have an unwavering commitment to co-operation. We don't just do your incorporation but become involved in realizing your business model, industry forces, and path to growth. It enables us to provide knowledgeable counsel looking ahead for issues and making the most of opportunities unique to your firm.
Our people offer in-market experience with a global perspective, having successfully established hundreds of companies in sectors. This experience translates to efficient processes, strategic guidance, and informed contacts within Dubai's business network.
Your Journey Begins Here
Incorporating your company should not be difficult. Our structured yet flexible approach offers transparency and trust at each step, making complexity an opportunity. As your incorporation partner, FINACT offers you more than a business entity; it offers you a platform for long-term success in Dubai and globally.
Corporate Tax Services in Dubai, UAE
Discovery & Strategy Development
We begin by acquainting ourselves with your business model, growth strategy, and need for capital in order to design a tailored fundraising strategy.
Investment Package Creation
We craft compelling investment documents emphasising your business potential and competitive advantage.
Investor Sourcing & Introduction
We identify and introduce suitable investors from our large network, presenting your opportunity with strategic vision.
Negotiation & Closing
From interest to deal, we negotiate on your behalf to secure favourable terms.
Post-Funding Support
Our services reach beyond successful funding, with advisory to optimise your new capital and establish for subsequent rounds.
Beyond Compliance
Strategic VAT Advisory in Dubai
Startup Incubation
Our startup incubation program is designed to nurture emerging businesses, providing them with the tools, resources, and support needed to thrive in a competitive landscape.
Our Values
Integrity
We uphold the highest standards of honesty, ethics, and transparency in all our dealings, fostering trust and credibility with our clients and stakeholders.
Excellence
We are committed to delivering excellence in every aspect of our services, striving for quality, precision, and innovation to exceed client expectations.
Client Centric
We prioritize the needs and goals of our clients, ensuring that their success and satisfaction are at the forefront of our endeavors, and we tailor our services to meet their specific requirements.
Facts & Figures
Years of Experience
20+
Qualified Experts
50+
Satisfied Clients
500+
Countries
5+
Years of Experience
20+
Qualified Experts
50+
Satisfied Clients
500+
Countries
5+
Testimonials
As CEO of Valora Ventura, I have experienced the unparalleled expertise of FINACT Consulting, a beacon of financial management, bookkeeping, and compliance policy enforcement. Their precision and deep regulatory knowledge not only safeguard our ambitious projects but also elevate our operational capabilities to unprecedented heights. With FINA's guidance, we seamlessly navigate the complex interplay between innovative financial strategies and the demanding needs of experiential technology. They are more than a consultant; they are a pivotal partner ensuring our projects, from interactive installations to mechatronic systems, succeed spectacularly. FINACT’s relentless pursuit of excellence and collaborative ethos fuel our creativity, empowering us to redefine industry standards and lead with certainty. Together, we don’t just innovate; we set new benchmarks for success.
Mohamad M Moulki (CEO, Valora Ventura)
As an IT company focused on security and innovation we needed an accounting partner who could keep up with our pace of change. Finact has not only met but exceeded our expectations. Their forward-thinking approach to financial management has transformed our operations, allowing us to stay agile in a rapidly evolving market. With their guidance, we’ve been able to optimize our expenses, mitigate risks, and drive profitability. FINACT isn’t just a service provider; they’re an essential catalyst for our growth.
Sanjukta Ray (CEO, DUBAI LEADING TECHNOLOGIES)
Two years ago, our company engaged FINACT to implement essential accounting standards and principles. Their expertise has been instrumental in streamlining our accounts across various business verticals. What truly sets FINACT apart is their unwavering dedication to our success. Their team's responsiveness, proactive problem-solving, and personalized approach make them an invaluable partner. We wholeheartedly recommend them for their professionalism & reliability.
Thank you, FINACT, for being an integral part of our financial journey!
Ginny (CEO, GBC)
Why Choose FINACT for Corporate Tax Consultancy in Dubai?
FINACT is the trusted Corporate Tax Consultancy in Dubai to simplify your corporate taxes. Our tax advisory services differ greatly from traditional practices. With more than two decades of combined experience, our professionals have unmatched familiarity with the local and global tax systems, which means real advantages:
Strategic Tax Planning: We determine how to maximise your tax position without sacrificing sound compliance.
Cross-Border Expertise: Simplify international tax intricacies with ease using our specialist advisory services.
Documentation Excellence: Set up rigorous record-keeping systems that are the foundation of sound tax management.
Transfer Pricing Solutions: Resolve tricky jurisdiction conundrums with solutions that safeguard your business interests.
Free Zone Advisory: Maximise the incentives offered to free zone entities through formal planning.
Comprehensive Corporate Tax Services in the UAE
Whether you are setting up a new business or running an existing one, our corporate tax consultants Dubai have all bases covered. From the initial UAE corporate tax registration to continuous compliance and strategic planning, we are your sole tax ally.
Our international tax experts in the UAE bring global knowledge to local challenges. This mix ensures that you get to enjoy world best practices with the comfort of knowing that you are fully aligned with UAE-specific requirements.
Building Long-Term Relationships
Tax advisory is not just patching up immediate compliance issues. We establish long-term relationships with you at FINACT that remain with your company throughout its life cycle. With constant review and planning looking to the future, we ensure that your tax strategy develops together with your company and responds to the shift in regulation.
Our Clients
Frequently Asked Questions
The UAE has implemented a federal corporate tax with a standard rate of 9% for companies having taxable income above AED 375,000 from accounting years beginning on or after 1 June 2023. Small businesses below this limit are exempt at 0%, and other rates are applicable to other sectors.
All businesses established within the UAE, both onshore and in free zones, are subject to registering for corporate tax. This includes mainland businesses, free zone companies, branches of foreign companies, and certain individual entrepreneurs engaging in commercial activities.
Registration dates vary with your accounting year. Companies usually need to register at least three months prior to the date for their corporate tax return, nine months after their accounting year-end.
Fines for non-compliance range from AED 10,000 for not registering to AED 50,000 for wilful misfiling of tax returns. Fines for late payment and wilful tax evasion are in addition to this and can be enormous as a percentage of the tax due.
Eligible Free Zone entities can avail themselves of favourable tax rates (0%) on eligible income subject to conditions such as substance requirements. They are still required to register and file returns, though.
Global businesses will need to examine their global structure, transfer pricing policy, use of double tax agreements, permanent establishment risks, and prospective economic substance thresholds in an attempt to maximise their UAE tax position.
Companies should maintain financial statements, underlying schedules, invoices, agreements, transfer pricing documentation where necessary, and corporation records for at least seven years.
Annual corporate tax returns should be submitted within nine months from the date at the end of the relevant tax period (usually your accounting year). Greater bodies also have to pay advance tax.
Yes, FINACT's Dubai tax consultants offer complete assistance through tax audits and appeal procedures, advocating on your behalf before tax authorities and facilitating efficient dispute resolution.
Companies should evaluate their corporate structure, account systems, intercompany transactions, potential exemptions, and overall compliance strategy with the assistance of professional tax consultants in the UAE.
Some Common FAQs Relating to Company Incorporation
Dubai offers mainland companies, free zone companies, and offshore companies. Each of the three structures has various advantages in terms of ownership, taxation, activities permitted, and physical location of operations.
The time typically takes between 3-14 working days depending on the jurisdiction to be used, complexity of business activity, and document preparedness. Our streamlined processes guarantee no delay.
Minimum capitals differ by jurisdiction and business activity. There is no minimum capital requirement in some free zones, whereas mainland companies might have a proof of capital requirement based on the business activity.
Yes, recent legislative reforms allow 100% foreign ownership of most business activities in mainland and free zone jurisdictions, removing the traditional need for a local sponsor for most sectors.
Common documents needed include passport copies of shareholders and directors, a business plan, proof of address, letters of bank reference, and professional qualifications for controlled activities.
Requirements vary between jurisdictions. Some frameworks require resident directors, and some permit non-resident-only schemes. We advise on best practice for your case.
These will typically include annual licence renewal, financial reporting, VAT compliance if applicable, Ultimate Beneficial Owner filing, and Economic Substance Rules for certain activities.
We obtain introductions with bank partners that are suitable to your business profile and requirements, presenting full application packages and arranging meetings to make the process smoother.
Company ownership will typically make you eligible for residency visas, with quotas being assigned depending on your business activity, jurisdiction, and physical presence. We help you process the entire visa and your employees.
The ideal structure will depend on your activities, target markets, desired ownership, and capital structure. Our consultants provide comprehensive comparison analyses tailored to your objectives.
Blogs
UAE Ministry of Finance has announced a significant update to its tax laws, introducing a 15% Global Minimum Tax for large multinational enterprises (MNEs) starting January 2025
In UAE Corporate Tax, personal income such as Salary, wages, etc. are exempt from tax.
Recently, a large multinational bank approached us for clarity on the applicability of UAE Value Added Tax (VAT) and Corporate Tax to their validator node operations.