Minimize your direct and indirect tax concerns by taking advantage of SORP Groupexperts’ experience and in-depth knowledge of local UAE tax law and transfer pricing solutions through their professional tax planning, accounting and bookkeeping services.
While the UAE does not impose direct federal corporate or income tax, regulatory compliance is still vital and the state expects regular, accurate and professional financial reporting. SORP Group’s specialists will apply their in-depth local tax and accounting know-how to ensure regulations are correctly applied and fulfill timely preparation and filing of obligatory reports. They will assist in auditing and analyzing your settlement schemes and commercial operations to maximize deductions and ease the tax burden.
UAE requirements concerning the timelines for tax registration, tax payment and filing tax returns are regulated at government level. However, a number of government agencies and international financial institutions demand that businesses obtain their TRN from the date of inception.
Though the UAE has no mandatory requirement for companies to keep books, businesses are obliged to prepare financial statements and keep their source documents for 5 years. However, bookkeeping can greatly help your company to achieve a number of worthwhile results.
By engaging SORP Group’s experts for tax consultancy and outsourcing your accounting services, you will get high-quality professional support for this vital activity and also significantly cut your costs of doing business. Importantly, your will also gain confirmation of economic substance in the UAE and be able to prove that all business operations are taxable in the country.
The company offers comprehensive solutions for businesses and shareholders from incorporation to obtaining UAE tax resident status.
Checking your company's concept for strategic and legal errors
We have helped thousands of clients acquire, build and develop businesses in the UAE
We carry out turnkey works - we will draw up a development plan for your company, help you obtain all permits and find qualified personnel that meets the requirements of financial regulators
We will ensure the security of your investment, compliance with current legislation and confidentiality of information
The SORP group of companies has its own Business Center - 54000 sq. ft of modern office space for licensing in the UAE and meeting the requirements of KYC and Economic Substance