Tax Consultancy Services in Dubai UAE – Tax Consultant

Tax Consultancy in Dubai UAE

MAK tax consultants and consultancy services in Dubai encompass a wide range of direct and indirect taxes, including VAT, Excise, and Corporate Tax for businesses in the UAE. Our comprehensive tax consulting services in Dubai cover everything from initial tax analysis and planning to ongoing support and representation in tax-related challenges. Our experienced tax experts play a crucial role in helping businesses and individuals navigate the complex landscape of various forms of taxes.

We focus on several key types of taxes in the UAE, including:

  • Value Added Tax (VAT)
  • Corporate Tax
  • Excise Tax
  • Custom Duty Tax
  • Tax Consultancy for VAT

Our dedicated tax advisors stay abreast of the latest developments from the Federal Tax Authority (FTA). Approved by the FTA, our tax consultants in the UAE are ready to assist all businesses in the UAE by providing VAT solutions, commonly referred to as VAT consultancy. Our VAT consulting services will help your company ensure VAT compliance with FTA regulations.

Tax Consultancy for Excise Taxes

Understanding potential responsibilities related to UAE excise tax is crucial for you or your company. Our excise tax specialists are committed to providing robust support and guidance to help you navigate excise tax complexities. We offer comprehensive excise tax advisory services, including registration, filing, and more.

Corporate Tax consultancy

MAK Auditing boasts renowned corporate tax advisors and consultants who provide top-notch corporate tax services in the UAE. Our tax consultants meticulously analyze and assess your business, assisting in the preparation of financial audit statements and ensuring the seamless registration and filing of corporate tax in the UAE with 100% compliance.

Procedure for Tax Consultancy Services in UAE

The consultants employ specific procedures to deliver premier tax consultancy services in the UAE. The key procedures include:

  1. Analyzing the financial aspects of the business
  2. Tax Planning
  3. Verifying the documents
  4. Tax Compliance
  5. Tax Implementations

Review and Support

In the UAE, both Tax Consultants and Tax Agents play crucial roles in assisting businesses and individuals with their tax obligations. However, there are distinct differences between the two. Let’s delve into these disparities.

A Tax Consultant or advisor specializes in tax law and financial counseling, offering guidance on finance-related matters. On the other hand, a Tax Agent is responsible for preparing taxpayers’ annual income tax returns.

Tax Consultants aid clients in comprehending UAE tax laws and regulations, providing advice to minimize tax liabilities. However, consultants have limited authority compared to tax agents and cannot represent clients in dealings with tax authorities.

Tax Agents, authorized by the Federal Tax Authority (FTA), have the privilege to represent clients in communications with the FTA. They are equipped to assist with audits or reviews conducted by the tax authority, adhering to specific qualifications, education requirements, and a code of professional conduct.

In summary, tax agents are government-authorized representatives who act on behalf of clients in interactions with tax authorities, while tax consultants possess advanced education and experience in tax law, often holding professional designations such as Certified Public Accountant (CPA) or Chartered Accountant (CA).

Tax Advisors in UAE

With over a decade of extensive experience, MAK Auditing Dubai is a trusted provider of top-notch Tax Consultancy services in the UAE. Our highly qualified and knowledgeable tax consultants are adept at handling tax-related issues, assisting you in precise tax calculations, and minimizing tax liabilities. The Tax Consulting team at MAK in Dubai ensures that you are well-informed about changes in tax laws, facilitating compliance with the regulations set by the tax authority of the country.

Moreover, our team excels in offering renowned corporate tax services in UAE, aligning with the provisions of the corporate Tax Law.

Before implementing the Law

  • Services for Assessing Corporate Tax – Reflecting compliance with relevant laws.
  • Consultancy for Corporate Tax Matters
  • Registration Services for Corporate Tax

After implementing the Law:

  • Filing Corporate Tax Returns
  • Ensuring Corporate Tax Compliance
  • Facilitating Corporate Tax Refund

Tax Consultancy Services Dubai UAE

Why is account reconciliation important for businesses in UAE?
It keeps financial records correct, reduces errors, prevents fraud, and ensures compliance with UAE regulations.
How often should companies reconcile their accounts?
Most companies reconcile monthly, but businesses with high transaction volumes may reconcile weekly or daily.
What documents are required for reconciliation?
Bank statements, ledgers, invoices, receipts, credit card statements, and supplier/customer records.
Can reconciliation improve cash flow management?
Yes, it helps companies track payments, avoid overdue balances, and manage supplier/customer relationships.
Why should businesses outsource reconciliation services?
Outsourcing saves time, reduces costs, and ensures accuracy through expert support.

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