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Tax Compliance & Advisory Services
Paying the right amount of tax, with confidence
Whatever type of organization you oversee, whether it is a start-up or a global operation, it is crucial that you pay the right amount of tax. Being aware of the current rules and legislation around corporate tax in the country in which you operate will help ensure you are paying the correct amount.
Running a business means you have a lot to consider, and keeping up to date with changes to the regulations around taxes that affect business operations can be difficult and time-consuming. That's why it can be beneficial to seek tax advice from those who are experts in the field.
At RSM, we have a team of highly knowledgeable and experienced United Arab Emirates (UAE) tax law experts with in-depth, specialized knowledge of current legislation. Our team has experience providing specialized tax services for a range of organizations in the region, with proven capabilities in solving tax issues in the UAE.
The UAE Tax Landscape, at a Glance
Taxation in the UAE has changed significantly in recent years. Our tax advisory services will ensure your organization remains compliant — but being aware of the changes on a basic level will make it easier for your organization to follow the latest guidelines.
Income Tax
Not levied against individuals in the UAE.
Excise Tax
Applied against particular goods that are harmful to humans or the environment.
Value Added Tax
Effective since 2018. Businesses exceeding the registration threshold charge VAT at 5% on taxable transactions.
Corporate Tax
Once limited to oil companies and foreign banks, now has an expanded scope under Federal Decree-Law No. 47 of 2022.
On 9 December 2022, the Ministry of Finance (MoF), administered by the Federal Tax Authority (FTA), announced Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses. The law applies for financial years starting on or after 1 June 2023, with a standard Corporate Tax rate of 9% on taxable income above AED 375,000 (approximately USD 102,000 and above). The law also sets transfer pricing compliance requirements: transactions between "related parties" and "connected persons" must meet the arm's length principle under the OECD Guidelines by the applicable due date.
Economic Substance Regulations (ESR), introduced in 2019, continue to ensure UAE entities are transparent in their economic presence and report actual profits that reflect the real economic business activity undertaken in the UAE.
Our UAE Tax Services
We provide pragmatic solutions to local and multinational companies for all their tax requirements. To do this effectively, we collaborate with other RSM member firms across the globe, leveraging our extensive knowledge of taxation practice, tax planning, and procedures followed worldwide, including in the UAE.
Forward-looking advice to understand your exposure and obligations before they become a compliance issue.
■ Impact and risk assessment for VAT and Excise Tax
■ Impact and risk assessment for Corporate Tax
■ Transfer Pricing analysis
■ Training and workshops on UAE tax laws for your group or company
■ Business or issue-specific tax advisory services
The day-to-day and periodic filings that keep your organization compliant with the UAE's indirect tax and substance rules.
■ Value Added Tax (VAT) and Excise Tax services
■ Economic Substance Regulations (ESR) service
■ Tax registrations, de-registrations, and amendments
■ Tax clearance and UAE Tax Residency Certificate assistance
Registration, filing, and documentation support for Corporate Tax and cross-border related-party transactions.
■ Corporate Tax registration and assistance preparing and filing the return
■ Transfer Pricing compliance: Master File, Local File, and Country-by-Country Report, per OECD and local documentation standards
■ Review and drafting of inter-company agreements
■ Operating model review from a Transfer Pricing perspective
Why Choose Our Tax Solutions?
The professional tax services support offered by RSM is designed to ensure a global range of services suits client needs. Expand each reason below.
Find out more about how RSM can provide you with robust tax solutions.
Call us, email us, or complete the enquiry form below and an RSM representative will be in touch.
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