CORPORATE TAX ADVISORY & COMPLIANCE SERVICES

Empowering Your Business with Strategic Tax Excellence

Corporate tax has become a cornerstone of financial planning and regulatory compliance for businesses in the United Arab Emirates. With the introduction of a federal corporate tax regime under Federal Decree‑Law No. 47 of 2022 on the Taxation of Corporations and Businesses, companies in the UAE must adhere to clearly defined obligations and standards governing taxable income, reporting, and documentation. This legislative framework, effective for financial years starting on or after 1 June 2023, positions the UAE as an internationally competitive jurisdiction while ensuring fiscal transparency and compliance.

The regime applies to all taxable persons, including UAE-incorporated entities, permanent establishments of non-resident businesses, and qualifying Free Zone entities meeting specified conditions. At Essence Accounting and Tax Consultancy LLC, we guide businesses through every aspect of corporate tax—from registration and compliance to strategic planning, risk management, and dispute resolution. Our goal is to ensure not only full regulatory adherence but also optimized tax positions that enhance growth, sustainability, and profitability.

COMPREHENSIVE CORPORATE TAX FILING AND COMPLIANCE

Registration and Reporting Obligations

Corporate tax compliance begins with accurate registration with the Federal Tax Authority (FTA). All taxable persons must obtain a corporate tax registration number and maintain records consistent with FTA requirements. Registration ensures proper identification of taxable entities and allows timely submission of corporate tax returns in accordance with statutory deadlines.

Tax Filing and Documentation

Businesses must file corporate tax returns within nine months of the end of the financial year. Taxable income up to AED 375,000 is taxed at 0%, while amounts exceeding this threshold are subject to a 9% corporate tax rate. Accurate filing requires preparation of financial statements, adjustments for taxable income, and documentation of exemptions. Our team ensures that all calculations, submissions, and supporting records are prepared meticulously, safeguarding your business from penalties and audits.

STRATEGIC TAX PLANNING AND ADVISORY

Business Optimization Through Tax Planning

Effective tax planning goes beyond compliance; it is a strategic tool to drive business efficiency. Our advisors analyze your business structure, operations, and financial goals to design strategies that minimize risk, optimize tax positions, and improve cash flow. We integrate tax planning into broader business objectives, ensuring that every decision is financially sound and regulatory compliant.

Transaction Advisory

Corporate transactions, including mergers, acquisitions, restructuring, or expansions, carry complex tax implications. We provide guidance on transaction structuring, tax due diligence, cross-border implications, and financing arrangements. Our advisory ensures strategic business moves are tax-efficient, risk-managed, and compliant with UAE regulations.

VAT AND EXCISE TAX SUPPORT

Corporate tax does not operate in isolation. We provide end-to-end support for VAT and excise tax compliance, including registration, planning, advisory, and filing. For businesses dealing with regulated goods, we offer specialized guidance to meet excise tax obligations effectively while aligning indirect tax management with corporate tax planning.

INTERNATIONAL TAX COMPLIANCE

Cross-Border Operations

Businesses operating internationally face additional obligations. We guide clients on double taxation treaties, permanent establishment assessment, and transfer pricing compliance. Our team ensures intercompany transactions are properly documented, defensible, and aligned with UAE regulations and OECD standards where applicable.

Transfer Pricing Documentation

For qualifying entities, preparation of local and master files is essential. These documents substantiate pricing policies between related parties and justify tax treatments. Our specialists provide end-to-end support in maintaining accurate, compliant documentation to mitigate regulatory risk.

TAX DISPUTE RESOLUTION AND FTA REPRESENTATION

Even with meticulous compliance, disputes or audits can arise. Our team represents clients during FTA investigations, assists with appeals, and manages advance ruling applications. We act as your advocate, safeguarding business interests, resolving queries efficiently, and maintaining transparent communication with regulatory authorities.

WHY CHOOSE ESSENCE ACCOUNTING AND TAX CONSULTANCY LLC?

With over a decade of experience, Essence UAE delivers precise, comprehensive, and practical corporate tax solutions. We are FTA-accredited, maintain the highest professional standards, and provide personalized service tailored to each client’s business objectives. Our integrated offerings span corporate tax, VAT, excise tax, transfer pricing, and accounting, enabling businesses to operate confidently, efficiently, and strategically.

OUR PROCESS

Discovery and Assessment

We start by understanding your business, industry, financial position, and objectives.

Strategy Development

We develop a customized tax strategy aligned with UAE regulations and your business goals.

Implementation and Ongoing Support

Our team executes strategies, ensures full FTA compliance, and provides continuous advisory support throughout the year.

Review and Optimization

We periodically review your tax position, identify opportunities for optimization, and adjust strategies proactively to maximize efficiency and maintain compliance.

TAKE THE NEXT STEP

Partner with Essence Accounting and Tax Consultancy LLC to navigate corporate tax obligations confidently. Our advisory services are designed to protect your interests, optimize your tax position, and add measurable value to your business.

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