Expert Corporate Tax Assessment by TAG: UAE's Leading Tax Consultants & FTA Approved Tax Agency. Understand Your Obligations, Optimize Strategy, and Ensure Full Compliance.
Our Corporate Tax Assessment Services Include
A Corporate Tax Assessment is an essential process that evaluates how Corporate Tax will impact a company’s financial operations. Before registering for Corporate Tax, businesses must assess their tax obligations, compliance requirements, and strategic opportunities to ensure smooth adaptation to the new tax regime.
Why is Corporate Tax Assessment Important?
Conducting a comprehensive Corporate Tax assessment before registration allows businesses to:
- Identify tax risks and obligations.
- Optimize financial structures for tax efficiency.
- Ensure proper document preparation for compliance.
- Reduce the risk of penalties due to non-compliance.
- Understand tax planning opportunities to legally minimize liabilities.
Key Components of a Corporate Tax Assessment
1. Corporate Tax Impact Assessment
This involves analyzing the financial impact of the new tax regime on your business. It includes:
✅ Calculating the expected tax liability under UAE regulations.
✅ Understanding how Corporate Tax affects profitability and cash flow.
✅ Reviewing the business structure for tax efficiency.
✅ Assessing whether the company qualifies for any tax exemptions or reliefs.
2. Document Compliance Assessment
Businesses are required to maintain proper records to comply with UAE tax laws. Failure to maintain accurate documentation can result in fines and penalties.
Mandatory documents include:
✔Financial statements and accounting records.
✔ Invoices and transaction records for tax calculations.
✔ Contracts and agreements related to tax exemptions.
✔ Corporate Tax returns and filings.
- Our Corporate Tax consultants at TAG help businesses organize and maintain required documentation to ensure compliance.
3. Corporate Tax Compliance Review
The UAE follows a self-assessment tax regime, meaning businesses must accurately calculate and report their taxable income. The FTA may conduct periodic reviews and issue tax assessments, so businesses must:
✔ Ensure corporate tax filings are accurate and aligned with the latest tax laws.
✔ Conduct internal audits to avoid discrepancies in tax reporting.
✔ Be prepared for FTA inspections and compliance checks.
If discrepancies are found, businesses may appeal an amended Corporate Tax assessment through the FTA’s tax dispute resolution mechanism.
Corporate Tax Assessment Services in the UAE
TAG provides expert Corporate Tax assessment services to help businesses comply with the UAE tax framework. Our services include:
✅ Corporate Tax impact analysis to evaluate financial exposure.
✅ Review of tax exemptions and relief eligibility.
✅ Tax grouping and restructuring advisory.
✅ Corporate Tax compliance review and risk mitigation.
By partnering with TAG, businesses gain access to experienced tax consultants who ensure seamless tax planning, compliance, and optimization strategies.
