VAT generally applies to most goods and services at a standard rate of 5%, but there are certain exemptions and zero-rated sectors, such as healthcare and education. Our team provides VAT consultancy to ensure compliance.

Currently, most businesses in Dubai are not subject to corporate tax, except for those in the oil, gas, and banking sectors. However, corporate tax will be introduced in 2023 at a rate of 9% on profits exceeding a certain threshold. We offer strategic tax planning to help prepare your business for this change.

Businesses with annual taxable supplies exceeding AED 375,000 must register for VAT. If your business earns between AED 187,500 and AED 375,000, VAT registration is optional. We help with VAT registration and compliance.

Yes, certain Free Zones and Mainland businesses are required to submit audited financial statements annually to demonstrate financial transparency and regulatory compliance. We offer full auditing services to meet these requirements.

Late VAT filing can result in significant penalties, including AED 1,000 for the first offence and AED 2,000 for subsequent delays. Our team ensures timely filing and compliance to avoid these penalties.

Outsourcing accounting and bookkeeping ensures accuracy, reduces the risk of errors, and ensures compliance with UAE financial regulations. Our professional team provides timely and accurate financial reporting to help you make informed business decisions.