Zakat and Tax Services in Dubai, UAE – Tax on Zakat

Accounting Services in Ajman

Zakat Tax Services in UAE

Navigating the complex taxation and Zakat regimes in the Middle East demands substantial effort and investment from finance teams to ensure proper management and compliance. Many businesses across the region opt for the assistance of advisors to alleviate the burden on their in-house teams. At MAK, our extensive team of tax experts is ready to provide guidance on the intricate processes and requirements set forth by tax authorities.

How Mubarak Al Ketbi Chartered Accountants can help:

If your business operates in any Middle Eastern country and requires support in dealing with tax and Zakat authorities, seeks guidance on transactional and operational matters, or needs assistance in complying with social security and other employment-related obligations, we are here to help. Our services include

  • Providing corporate tax advice on local and regional tax issues
  • Ensuring compliance with Zakat obligations
  • Offering advice on employee and employment tax matters
  • Providing guidance on local country registration and setup.

Zakat and Tax Services Dubai UAE Tax on Zakat

What expenses can a business deduct under UAE Corporate Tax?
You can deduct any real business cost paid only for earning taxable income, like salaries, rent, and depreciation.
Can I deduct full interest paid on loans?
No, you can only deduct up to 30% of your EBITDA as interest.
Is depreciation always deductible?
Yes, but you must spread it over the asset’s useful life using proper accounting methods.
Are client entertainment costs fully deductible?
No, only 50% of client entertainment or leisure costs can be deducted.
What about dividends and capital gains?
Dividends and capital gains are usually not taxed if certain rules are met, like owning 5% or more of the subsidiary’s shares.

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