Now Consultant

Why Do I Need a Tax Consultant In Dubai?

With the changing legal and financial landscape in Dubai, it has become essential for businesses of all sizes to hire a professional tax consultant. It is highly beneficial as they help resolve complex tax issues and ensure compliance with Dubai's regulations.

How are businesses taxed in the UAE?

The UAE has imposed a 9% corporate tax on net profits exceeding the threshold of AED 375,000 since June 1, 2023. While the net profit is below the threshold, the UAE imposes 0% corporate tax. Additionally, businesses must be registered for VAT if their taxable supplies exceed the mandatory registration threshold of AED 375,000.

What happens if I miss a corporate tax deadline in UAE?

As per Cabinet Decision No. 75 of 2023 and Ministerial Decision No. 74 of 2023, the UAE Federal Tax Authority imposes a fine of AED 10,000 for late corporate tax registration. If the delay continues, additional penalties may apply, including AED 500 per month, increasing up to AED 5,000 per month depending on how long the delay persists.

How much do your tax consultancy services cost?

Our tax consultancy services in Dubai range from AED 500 to AED 20,000, depending on the type and complexity of services. required.

Can you help with Free Zone company tax compliance?

Yes, our tax experts at Now Consultant assist Free Zone companies with Full Tax Compliance, including Corporate Tax Registration, Filings, and exemption eligibility. We ensure your business meets all FTA requirements accurately and on time.

Which areas do you serve in Dubai and across the UAE?

As a leading tax consultancy firm, we serve clients across all major business locations in Dubai, including Business Bay, JLT, IFZA, DMCC, and other free zones. Beyond Dubai, our services extend to Abu Dhabi, Sharjah, and all other Emirates.

Do You Provide Tax Consultancy Services To Foreigners In Dubai?

Yes, Now Consultant provides professional tax consultancy services to foreigners and international companies in Dubai. Our certified tax experts assist with corporate tax registration, VAT compliance, and FTA representation, ensuring your business fully complies with UAE tax laws.