Tax Consulting

VAT/EXCISE TAX

In today’s competitive market, every company faces unique challenges. As experienced VAT consultants in Dubai, Sharjah, and Abu Dhabi, T & T Consultant efficiently resolves VAT-related concerns thanks to our expertise and deep industry knowledge.

We set ourselves apart by delivering effective VAT solutions tailored to our clients’ needs. Our professional consultants not only provide guidance on current and future VAT issues but also assess each client’s situation to recommend the most appropriate solutions.

CORPORATE TAX

The UAE Ministry of Finance has introduced Corporate Tax, a direct tax imposed on the net income of corporations and other businesses, on 9th December 2022 and this is going to be effective for financial years on or after 1st June 2023. The Corporate Tax is also referred to as “Business Profits Tax” or “Corporate Income Tax” in other jurisdictions.

The Corporate Tax of UAE will remain the lowest tax rate in the world, and it reduces the compliance burden on businesses. The introduction of Corporate Tax will increase the revenue of the UAE which is essential to stand competitive in the global business and investment environment. This would bring more financial discipline into the corporate culture which would in turn result in the proper maintenance of record keeping. The proposal of introducing Corporate Tax stems from the UAE’s commitment to meet international standards of tax transparency while protecting start-ups and small businesses in the UAE

TRANSFER PRICING

Transfer pricing practices have recently gained significant global attention, particularly with the increasing impact on corporate income taxation in the UAE. T & T Consultant can help you develop tax-efficient strategies that ensure compliance with laws and regulations while addressing all your transfer pricing needs, as tax authorities worldwide intensify their scrutiny of these activities.

For businesses involved in cross-border transactions, the importance of transfer pricing is becoming increasingly clear. Companies of all sizes now face greater risks due to closer monitoring by tax authorities and stricter regulatory standards. Many global corporations are exploring cost management opportunities through well-structured transfer pricing models.

Some of our Industry We Serve

Manufacturing & Distribution

Involves producing and delivering goods, spanning sectors from food to electronics.

Healthcare & Pharmaceuticals

Provides medical services and products, including hospitals and drug manufacturing.

Technology & IT Services

Offers software, hardware, and IT support, driving digital innovation.

Retail & Consumer Goods

Sells goods directly to consumers, both instore and online.

Financial Services

Includes banking, insurance, and investment services for individuals and businesses.