What is Tax Advisory?

The UAE's taxation landscape is dynamic and businesses are required to comply with the UAE's regulatory environment. As FTA approved Tax agents, we bring to the table in-depth knowledge of the industry and local tax regulations while resolving complex issues through the tax audit services we provide. In the realm of tax consultancy, we provide tailor-made solutions to each client, aligned to their business requirements. This is achieved by gaining a ringside view into tax-related issues faced by the business, based on which our team of experts offer appropriate Tax Advise.

Tax advisory turns the spotlight on handholding people and businesses as they navigate the taxation landscape and make effective tax compliant financial decisions. Tax advisory services are not just limited to filing tax returns but encompass various aspects related to tax planning, tax optimisation and leveraging available benefits.

UHY James is a renowned name in the realm of tax management and consultation across the UAE. Striving towards service excellence, UHY James has cemented its position as an expert in guiding UAE based business entities through the country’s tax laws and regulations. Our team of dedicated taxation experts are well-poised to handle challenging tax related requirements of UAE based businesses. Ensuring top-notch service quality, requires evaluating current fiscals and strategizing the tax-planning and book-keeping for businesses.
 
Irrespective of whether you are running a small business or a large company, tax rules can be confusing. That is where we come in to the picture. Our services are well poised to help businesses figure out how much tax must be paid, what can be claimed as expenses, and how to avoid mistakes that could lead to heavy penalties. We also offer advice to ensure effective decision making — in scenarios such as starting a new branch, working with partners overseas, or changing the business structure—to help businesses assess the tax impact before moving forward.
 
If the tax authority questions or starts an audit, our team offers support to guide businesses resolve matters efficiently. Leveraging tax advisory services makes life easier, helps businesses stay on the right side of the law and ensures you do not pay more tax than you have to.

Comprehensive insight into Tax Advisory services

In line with its commitment to the Global Minimum Taxation Regime, UAE recently introduced Corporate Tax. Corporate Tax coming into force in the UAE landscape catapults the country into being a part of a global financial ecosystem instead of limiting its potential as a tax haven.

UAE being one of the busiest trading hubs in the world, requires businesses to focus their attention on International Taxation. With profit shifting and base erosion being popular tax avoidance strategies, UAE is the 116th jurisdiction to join the international taxation framework on BEPS. Leveraging international taxation services can help businesses optimise their supply chain and trade related issues.

Learning curve on VAT by UAE businesses are increasing day by day because of the explanation and clarification issued by the Federal Tax Authorities. Understanding the nitty-gritty and clear interpretation in line with the Law is imperative. We advise and support businesses on Indirect Taxation to be compliant on VAT. Our VAT service covers every stage of the business need in UAE VAT.

Excise Tax is an indirect tax typically levied on specific goods that are harmful for human health or the environment. Largely excise tax was introduced with an aim to reduce consumption of unhealthy commodities while raising revenues that can accentuate public services.

How UHY James can help you in Tax Advisory?

Backed by our extensive global network of experienced international direct and indirect tax professionals, we deliver seamless services to help clients navigate complex local and international tax laws and achieve optimum tax efficiency without compromising on compliance with tax laws and regulations. Our experienced tax team also provides ongoing training programs and awareness seminars to regularly update our clients on the practical implications of tax laws, both prevailing and proposed.

Our expertise lies in offering advisory services that are focused on maximizing tax benefits and minimizing tax burdens. Our team of tax experts, handhold clients and offer strategic advise on leveraging tax incentives, tax rebates and comply with tax related regulations. We are positive UHY James has a pivotal part to play in helping you stay compliant as you navigate the UAE’s evolving tax regime.

 

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