The United Arab Emirates (UAE) is an attractive destination for businesses of all sizes – from start-ups to established enterprises. As the region’s economy continues to grow, so too does the need for effective services of audit, excise, and corporate tax in UAE.
As a business owner, you know how important it is to maximize profits and ensure that your business is running efficiently and effectively. At Forthright Consultancy, we provide professional tax, audit and excise consultancy services in UAE to help you do just that.
Corporate Tax ensures that your business is compliant with the latest UAE laws, regulations and regulations related to different taxes and fees. This is important as these taxes and fees are constantly changing and the penalties for non-compliance can be severe.
At the same time, it is important to ensure that your business is operating efficiently and effectively to maximize its profits. Corporate Tax & Audit Service helps you to identify areas of efficiency and cost savings. A thorough audit by a professional team of auditors can also help to identify any potential fraud or financial mismanagement.
Excise Consultancy ensures that all of the taxes and fees levied by the government are correctly calculate and paid in an orderly manner. This helps to ensure that the company is not over-taxe and can maximize its profits.
Understanding the ever-changing tax regulations in UAE can be a daunting task. Tax compliance is one of the most important aspects of any business, so it is essential that you get it right. That is why it is important to have a professional corporate tax consultant on your side. Our team of tax experts at Forthright Consultancy can help you understand the nuances of corporate tax in UAE, and ensure that you remain compliant at all times.
The tax consulting will help you identify areas of improvement and create strategies that will help maximize profits and minimize costs. Our Auditors are well-verse in the latest auditing standard and can provide detaile reports and insights on your financial statements.
With a thorough understanding of corporate tax laws and regulations, we provide you with efficient and effective solutions to ensure you are update with the latest legislation.
With more taxes being impose in the UAE, businesses might be feeling overwhelmed with the changing regulations.
This Tax applie to good that are produce in the UAE, import into the UAE, or release from the designate zone in the country for consumption. The taxable goods include energy drinks, carbonated drinks, tobacco products, and several other goods as specified in the law.
The amendments in the Excise Consultancy (Tax) Law include the following: –
1. The scope of the Excise Tax has been extend to include more goods and services.
2. The Excise Tax rate has been increase on certain drinks and tobacco products.
3. This Tax has been introduce on electronic smoking devices, heated tobacco products, and e-liquids containing nicotine.
4. The Tax rate on imported water has been reduce to zero.
5. This excise Tax return period has been extend to quarterly, instead of monthly.
6. The registration process has been simplified.
7. The Excise Tax registration exemption limit has been increase from AED 1 million to AED 3 million.
In order to ensure that you comply with the new Excise Tax Law, it is important to seek guidance from a qualified professional. We can help you understand the Excise Tax Law and guide your business in the right direction. Contact us today to discuss your needs and let our experts help you.
Auditing is an important part of any business, and having the right audit services in place is essential for compliance and transparency. Our experienced auditors provide a comprehensive range of services designed to meet your needs, including internal and external audits, financial statement audits, reviews and compilations. We can also provide specialized Audit services in UAE such as information security audits and fraud risk assessments.
Whether you need assistance with excise regulations or you need help filing your returns, our team is here to help. At Forthright Consultancy, we strive to provide the highest quality of professional tax, audit and excise consultancy services in UAE.
We are dedicate to helping you maximize your profits and ensure that your business stays compliant. Our team of experts can help you understand the regulations, laws and requirements associated with excise consultancy in UAE, and ensure that you remain compliant at all times and maximize your benefits.
If you have further queries on the topic, feel free to get in touch with us. We are here to help!
Office 938, Business Tower, Burjuman, Dubai, UAE
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