Menu
FREQUENTLY ASKED QUESTIONS
Frequently Asked Question
What are tax consultants in Dubai, UAE?
Tax consultants are experts who provide comprehensive financial management and tax advisory services. They offer a variety of services, including accounting, bookkeeping, navigating UAE tax regulations, tax registration, and filing. Shura Tax is available to assist with all your tax-related questions.
What are the responsibilities of tax consultants?
Tax consultants in Dubai, UAE, are qualified experts who provide financial advice and guidance on tax laws. They assist with filing returns, tax registration, and a variety of financial and wealth management services based on the country’s tax requirements.
Am I required to pay taxes in the UAE?
The UAE does not impose a personal income tax. However, the country has recently introduced a Corporate Tax, and Value Added Tax (VAT) and Excise Tax apply to certain goods and services.
How Much Is Corporate Tax In The UAE?
The UAE Ministry of Finance requires every business operating within the UAE to register for VAT and Corporate Tax (CT). Failure to register a company for VAT and CT can result in fines and penalties, leading to potential legal complications.