Simplified Accounting & Tax Solutions for Freezone Companies
We understand the shift to 9% corporation tax & introduction of a bookkeeping requirement wasn’t part of your plan when you moved to the UAE.
We provide an accounting & tax solution that ensures you meet the minimum requirements for bookkeeping & corporation tax to ensure you stay compliant at a reasonable cost.
Services
01. Bookkeeping
All companies in the UAE, including Freezone companies are now required to maintain proper accounting records.
02. Corporate Tax Registration
All companies in the UAE, including Freezone companies must register for Corporate Tax, even if they qualify for a 0% Corporate Tax Exemption.
03. Corporate Tax Return
All companies in the UAE, including Freezone companies must submit Corporate Tax Returns, even if they qualify for 0% Corporate Tax Exemption.
04. VAT Registration
It is mandatory to register for VAT & submit VAT returns once your taxable supplies (revenue) exceed AED 375,000. Even if your customers are outside the UAE, these supplies count towards the VAT Registration threshold.
This applies to both Freezone & Mainland companies.
05. VAT Exemption
If all of your customers are outside the UAE and your revenue is considered to be zero rated, you may be eligible to apply for a VAT exemption. With the exemption, you do not have to submit VAT returns.
06. VAT Returns
Once you are registered for VAT your company will need to submit regular VAT returns. For most companies, these are quarterly.
07. Tax Residency Certificate
We can assist you in getting a tax residency certificate to show you are a tax resident in the UAE.
08. Financial Statements
We can assist in preparing Financial Statements if your Freezone requires these to be prepared.
“There is no such thing as a good tax”
– Winston Churchill
Book your free 30 minute consultation
Get in touch now to learn what the minimum requirements are for your company based on your activity & revenue levels.
We’ll do a free assessment of your company to determine when your first corporate tax return will be due, whether you may still qualify for 0% corporate tax & what your minimum requirements are for accounting & tax in the UAE.