Tax Planning and Accounting Services for Business in the UAE
SORP Group professionals offer efficient tax planning, accounting, and bookkeeping services to help you address your direct and indirect tax concerns. Contact us today to take advantage of our expertise and extensive understanding of local UAE tax laws, transfer pricing solutions, and maximize your tax savings.
Our specialists provide comprehensive tax and accounting services to ensure regulatory compliance in the UAE. They use their local tax knowledge to apply regulations properly, file required reports, and maximize deductions through auditing and analyzing your financials. Besides accounting, bookkeeping, and other business support services, we also provide complete assistance with company formation in Dubai & UAE.
Our Tax Planning & Accounting Services Include
Development of a VAT Accounting Policy
Our accounting & tax experts will draft a detailed action plan based on your company’s activities, established business practices, and UAE law.
Tax Registration with the UAE Authorities
VAT registration with the FTA (Federal Tax Authority), obtaining a tax registration number (TRN) and setting up access to an online profile in the taxpayer’s portal for filing returns.
Tax Accounting and Bookkeeping
Accounting for your business and financial operations, tracking all changes in the UAE tax legislation, , timely preparation, and filing tax returns with competent fiscal authorities.
Creation of Tax Consolidated Groups
Evaluating the feasibility of creating or joining a UAE tax consolidated group so that you can perform tax-free payments and file regular consolidated tax returns for all affiliated companies.
Tax Planning Advice
Assessing possibilities for reducing the tax burden of your affiliated businesses abroad through mechanisms for accounting in the UAE of all costs and liabilities borne by the company.
Preparation of Audited Statements
SORP’s professionals will help you draw up consolidated reporting for a group of companies in order to confirm receivables from the previous-year deliveries declared in your books.
Control Over Financial Operations
SORP’s financial specializations include providing your business with high-quality accounting services, including control and risk evaluation in regard to financial transactions.
Safekeeping of Source Documents
While delivering business control and review services, SORP Group will keep your company’s source documents safe for subsequent use by the beneficiaries for any required business purposes.
Confirmation of Economic Substance
By showing that all your business operations are located where the company was incorporated, a management and control center is proven, meaning all income falls under UAE taxation.
185 000dirham
375 000dirham
- Quarterly filing of tax return with FTA (Federal Tax Authority)
- Monthly filing if bank account transaction levels are significant
- Filing tax returns and timely VAT payments
- Issuing VAT invoices to clients for delivery of goods or services
Basic requirements of UAE government bodies when licensing a company
Tax Planning and Accounting Services
- Confirmation that the company has a physical office, required when opening a bank account in the UAE via renting fully equipped office space in SORP Group’s Business Center in Dubai.
- Drawing up contracts, auditor’s opinions to confirm a rationale for commercial operations and preparation of a consolidated auditor’s report.
- A high-quality analysis of all financial accounts and books, verification of tax accruals, and collection of data to achieve cost-cutting measures for improved operational efficiency.
- Prompt and high-quality bookkeeping for your company at any stage, assistance in maintaining improving margins and returns, especially should UAE tax laws change.
Comprehensive Business Support
- Analysis of your business idea, development of your strategy and business plan, the performance of due diligence procedures, and evaluation of your business prospects.
- Incorporation of all types of companies, including Freezone and Mainland business setup in Dubai, business relocations, building business structures and holdings to run activities from the UAE, obtaining licenses and product certification.
- Operations management at all levels, review of control and crisis management, confirmation of management & control center as well as economic substance in the UAE.
- Confidential and robust legal solutions to minimize taxes, to conceal information about business owners, and to protect against international automatic data exchange under CRS.
Why Choose Us?
Get a Consultation with SORP Tax & Accounting Experts
SORP Group’s specialists closely follow the latest business trends and will provide your business with highly-professional support.
Contact SORP Group right now and order a complete bundle of outsourced tax and accounting services!
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