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Corporate
TAX SERVICES
In UAE

Tax & Accounting

With the UAE’s dynamic and fast-paced market, managing tax obligations can be a difficult task. Ignitezone can help you find your way to success.

Our team can help SMEs optimize their tax position and ensure compliance with all regulations. This includes managing all aspects of corporate taxes, streamlining VAT obligations, from registration through to ongoing filing and claim processing. We also do provide advanced accounting tools and assistance with strategic finance planning.

You gain more than peace of mind by partnering with Ignitezone. You can unlock cost-saving opportunities, financial planning and strategic planning. We will handle the complexity, so you can focus on your business.

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Types of taxes in the UAE

There are 3 major types of taxes in the UAE
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Corporate Tax (CT)

Dubai has recently added corporate tax to its tax system. It will be implemented in financial years beginning on or after 1 June 2023. The corporate tax is imposed on the net profits of the majority of businesses in the UAE. It has a standard rate 9% for any taxable income above AED 375,000. Some entities are exempt from this tax, such as UAE government entities and natural resource businesses.

Understanding whether your company falls under corporate tax is essential. Our team of expert Corporate Tax Consultants will help you by analyzing the specifics of your business and providing advice on possible exemptions. Our team of expert corporate Tax Consultants can ensure that you meet all deadlines and filing requirements, maximising tax efficiency.

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Excise Tax

Dubai also levies an excise duty on certain goods that are deemed harmful for health or the environment. The tax is selective and applies to tobacco, energy drinks carbonated drinks, sweetened drinks, and other products. The rate of excise taxes varies according to the category of products, ranging from 50% on carbonated beverages to 100% on tobacco and electronic cigarettes. Certain goods may be exempted, including aerated zero-calorie water that is unflavored.

Ignitezone will help you determine if your product is subject to excise taxes and can ensure that you are following the correct rates and filing procedures. This includes navigating possible exemptions and ensuring that the incorporation of excise taxes into your business is a smooth process.

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Value Added Tax

In 2018, the Value Added Tax was introduced. It is a consumption-based tax that is levied by the UAE on most goods. The difference between the selling price of a product or service and its cost is taxed at 5%. Businesses that are registered for VAT have to collect VAT from taxable supplies, and report it regularly to the government. Certain goods and services, such as necessities, like education, healthcare and certain essential food items, are exempted from VAT.

It can be difficult to navigate the complexity of VAT compliance and understand your registration obligations. Ignitezone simplifies this process. We can determine if you need to register your business for VAT. We will ensure that your transactions are accurately calculated and we will guide you through the entire filing and reclaiming process.

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Other Taxes

The UAE has signed double taxation agreements with more than 140 countries to promote international trade and investment. Businesses that operate across borders can benefit from this.

Personal income tax is not applicable to individuals. Keep in mind, however, that depending on the emirate, businesses involved with tourism may be charged different fees. They can include municipal fees, service fees, city taxes and tourism dirhams. It is important to understand these levies in order to run a smooth business in Dubai’s dynamic environment. Ignitezone will help you to navigate through these complexities, and ensure that you are compliant with all taxes and fees.

Why use Ignitezone Tax and Accounting Software?

Ignitezone is your one-stop-shop for all things corporate tax. We can help you navigate the complex issues of VAT, excise taxes, and more. Our qualified team is always up to date on the latest regulations, and can help ensure that your business is operating in compliance.

We do more than just file taxes. We provide a full range of corporate tax services, including financial reporting and tax planning, in Dubai, UAE. These services enable you to maximize your financial situation. These services will help you develop your business growth plan, promote local networking and create valuable collaborations.

Team of Experts:

Profit from the expertise and knowledge of our highly-qualified tax and accounting professionals. We keep up to date on the latest industry standards and regulations, so you get the best possible advice.

24/7 support

You don’t have to face tax or accounting uncertainty alone. We have a dedicated team available 24/7 to answer any questions you may ask and provide reassurance.

Beyond Tax Filing:

We do more than just file paperwork. We provide a full range of services including bookkeeping, financial planning and reporting, as well as strategic tax planning.

Cost-Saving Strategies: 

Our expertise will help you maximize your financial resources and optimize your tax situation.

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