Calculation of corporate taxable income, accounting adjustments, transfer pricing checks, and filing of the annual Corporate Tax return with the FTA.
All UAE companies and taxable businesses subject to the 9% standard corporate tax rate or qualifying for free zone incentives.
Reviewing audited financial statements and general ledger entries.
Making statutory adjustments (e.g. entertainment expenses, director fees).
Preparing the tax computation sheets and obtaining client authorization.
Filing the return and generating payment reference numbers.
The standard rate is 9% on taxable income exceeding AED 375,000. Taxable income below this threshold is subject to a 0% rate.
The return must be filed and any tax due paid within 9 months from the end of the relevant tax period (financial year).
