Corporate tax is a form of direct tax levied on the net income or profit of corporations and other entities from their business.
UAE Corporate Tax will apply to all UAE businesses, except for the extraction of natural resources, which will remain subject to Emirate level corporate taxation.
Foreign entities and individuals will be subject to Corporate Tax only if they conduct a trade or business in the UAE in an ongoing or regular manner.
UAE Corporate Tax will apply equally to all categories of profits and other (net) income reported in the financial statements prepared in accordance with internationally acceptable accounting standards.
We in Smart tax provide a full range of accounting and bookkeeping services for companies who require a proper and complete set of financial statements including: Accounting on monthly, quarterly or yearly basis.
Our team is our utmost asset and thus they are meticulously selected to meet the challenge of a dynamic business environment.
Instantly see how your business is performing with customizable reports and dashboards.
Record expenses for tax time. You can even photograph and save receipts with the QuickBooks Online mobile app.
Enter bills from vendors, and pay them only when they are due.
Schedule recurring payments to save time.
Knowing your business accounting will help you optimize the performance of your business.