UAE VAT

Value Added Tax or VAT is a tax on the consumption or use of goods and services. A VAT of 5 per cent is levied at the point of sale. Businesses collect and account for the tax on behalf of the government.

VAT Registration

Businesses are required to apply for VAT registration when their taxable supplies and imports exceed the mandatory threshold of AED 375,000. Additionally, businesses can choose to register for VAT voluntarily if the total value of their taxable supplies, imports, or expenses exceeds the voluntary threshold of AED 187,500. E-Tax Consultancy Services provides VAT registration services to ensure eligible companies obtain their Tax Registration Numbers (TRNs) promptly.

VAT Invoicing

Once registered for VAT in the UAE, businesses must issue VAT invoices following the format prescribed by the Federal Tax Authority (FTA) to avoid fines and penalties. Properly preparing a tax invoice in the UAE is crucial, and it is essential to include the TRN on all tax invoices. Failure to do so may result in customers not being liable for VAT payment.

VAT Return Filing

Filing VAT returns is mandatory for all taxable businesses in the UAE. After registering for VAT, businesses must file their VAT returns and make relevant payments within 28 days after the end of the tax period. Failing to file VAT returns on time or submitting incorrect returns may lead to VAT audits and fines imposed by the FTA. E-Tax Consultancy Services offers timely and high-quality VAT return filing services in Dubai on both monthly and quarterly schedules.

VAT Refund

Input VAT represents the tax payable on goods and services purchased by businesses or taxable individuals in the UAE, while output VAT is the collected tax on items sold. If a business pays more tax than it collects from clients, it may be eligible to claim an FTA VAT refund in the UAE. E-Tax Consultancy Services provides VAT refund services to assist clients with their VAT refund applications.

VAT Voluntary Disclosure

The FTA provides a VAT Voluntary Disclosure form for taxpayers who wish to report errors or omissions in a tax return or tax refund application. Completing the VAT Voluntary Disclosure form requires careful consideration, and seeking professional advice from a registered tax consultant before making disclosures can help address potential consequences.

VAT De-Registration

VAT de-registration in the UAE allows businesses and taxable individuals to cancel their VAT registration and suspend their Tax Registration Numbers (TRNs). This process is conducted online, and only businesses registered with the Federal Tax Authority (FTA) can de-register from VAT.E-Tax Consultancy Services assists with the de-registration process, ensuring it is completed without incurring VAT fines from the FTA.

VAT Consultancy

VAT compliance is essential to avoid hefty fines imposed by the FTA in case of errors. Given the complexity of VAT, businesses can benefit from expert guidance to ensure they navigate the VAT landscape effectively. VAT consultancy aims to provide authentic and effective VAT solutions in accordance with FTA laws, helping businesses in the UAE achieve compliance.

Corporate Tax Services in the UAE

In January 2022, Ministry of Finance announced that it will introduce federal Corporate tax (CT) on the net profits of businesses. The tax will become applicable either on 1 June 2023 or on 1 January 2024, depending on the financial year followed by the business. CT will be applied across all the emirates.

Corporate Tax is a form of direct tax levied on the net income of corporations and other businesses. Corporate Tax is sometimes also referred to as “Corporate Income Tax” or “Business Profits Tax” in other jurisdictions.

UAE Corporate Tax Registration

All businesses liable for corporate tax in the UAE are required to undergo registration with the relevant tax authority and obtain a Tax Registration Number (TRN).

The registration procedure involves the submission of an application, accompanied by the necessary documentation, including the company’s trade license, articles of association, and proof of residency. E-Tax Consultancy Services stands ready to assist businesses throughout this registration process, ensuring strict adherence to the UAE Corporate Tax Law.

Determination of Taxable Income


The taxable income of a company is ascertained by subtracting allowable expenses and exemptions from the company’s gross income. Allowable expenses comprise operational costs, depreciation, interest on loans, and other eligible items. Our corporate tax services in the UAE and Dubai encompass aiding businesses in computing their taxable income and offering guidance on available deductions and exemptions to effectively minimize their tax obligations.

Formation of Tax Groups


In the UAE, affiliated companies have the option to create a tax group, thereby consolidating their tax liabilities and simplifying the tax compliance procedure. E-Tax Consultancy Services can facilitate businesses in assessing their eligibility for forming a tax group and guide them through the necessary documentation and formalities.

Corporate Tax Return Filing and Payment


Businesses subject to corporate tax in Dubai must adhere to prescribed deadlines for filing their tax returns and making the requisite tax payments. Failure to do so may lead to penalties and fines. E-Tax Consultancy Services is dedicated to aiding businesses in the preparation and submission of their tax returns and ensuring the timely settlement of taxes.

Our Comprehensive Range of Corporate Tax Services in the UAE


Leveraging our profound expertise and experience in this field, we provide a complete spectrum of tax solutions tailored to meet your business’s specific requirements, positioning us as a top-tier tax consulting firm in the UAE. Whether you are a multinational corporation or a local startup, our devoted team of tax professionals will assist you in navigating the intricate landscape of corporate tax in the UAE.

Furthermore, our unwavering commitment to excellence and client satisfaction sets us apart from the competition. We acknowledge that every business is unique, which is why we invest time in comprehending your distinct goals and objectives before delivering customized tax advice and solutions. Our team remains abreast of the latest tax regulations and modifications in the UAE, ensuring you receive precise and timely guidance that complies with local laws.

Highlighted below are some of the key corporate tax services we extend:

  • Tax Planning and Compliance: We offer all-encompassing tax planning services to help you optimize tax liability while staying fully compliant with UAE tax regulations. Our specialists analyze your business structure, transactions, and operations to pinpoint tax-saving opportunities and formulate a strategic plan aligned with your business objectives. We also manage all facets of tax compliance, encompassing the preparation and submission of tax returns, guaranteeing adherence to all stipulated deadlines.
  • Tax Advisory Services: Our team of tax advisors furnishes expert guidance on an array of tax-related matters. Whether you require counsel on cross-border transactions, transfer pricing, CT Impact Assessment, or tax incentives, we possess the knowledge and expertise to deliver practical and efficacious solutions. We stay current with the ever-evolving tax landscape in the UAE, ensuring you receive precise and punctual advice that empowers informed business decisions.
  • Tax Audits and Disputes: In the event of a tax audit or dispute with tax authorities, our team advocates for your interests and strives for a favorable resolution. We boast extensive experience in handling tax audits and can assist with responses to inquiries, document provision, and negotiations with tax authorities. Our objective is to curtail your exposure and guide you adeptly through the complexities of tax audits and disputes.
  • International Tax Services: If your business operates globally, we are equipped to help you navigate the intricacies of international taxation. We possess a deep comprehension of international tax regulations and can support you in optimizing your global tax structure, overseeing transfer pricing, and addressing cross-border tax issues. We collaborate with other international tax experts to ensure your business remains compliant with both UAE and international tax laws, facilitating seamless cross-border operations.
  • Tax Training and Workshops: We offer tailor-made tax training and workshops designed to equip your finance and tax teams with the knowledge and skills requisite for effective tax management. Our training programs encompass a broad spectrum of topics, including tax planning, compliance, and international taxation. By investing in the professional development of your team, you can elevate your tax management capabilities and ensure your business remains tax-efficient.