At Shlok Tax, we understand the importance of staying updated with the latest developments in corporate taxation. That’s why we provide comprehensive guidance on the UAE’s Corporate Tax regime, based on the Ministry of Finance’s Explanatory Guide for Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses.

Our expert team can help you navigate the complexities of the Corporate Tax Law and its implementing decisions, ensuring that you interpret the law accurately and apply it correctly to your business. We offer a range of services to support your corporate tax needs, including tax planning, transfer pricing documentation, and compliance assistance.

We are well-versed in the benefits provided by the Corporate Tax Law, such as the 0% Corporate Tax rates for qualifying Free Zone persons and taxable income up to AED375,000. If your turnover falls within the AED3,000,000 threshold, we can guide you through the simplified filing requirements and help you take advantage of tax exemptions.

Our expertise extends to areas such as withholding tax, tax exemptions for foreign branch profits, dividends, and capital gains, as well as foreign tax credits for foreign-sourced income. We can also provide clarity on targeted exemptions for specific entities, including government entities, investment funds, and public benefit organizations.

When it comes to transfer pricing documentation, we understand the challenges faced by small and medium enterprises. Our team will ensure that you meet the necessary requirements with minimal compliance burden. We can also assist with utilizing Tax Losses in future tax periods and facilitate the transfer of Tax Losses between tax group companies, allowing for efficient consolidation and administration.

At Shlok Tax, we stay up-to-date with the latest tax regulations and pride ourselves on delivering personalized service to our clients. Our goal is to build lasting relationships and provide you with the support you need for all your corporate tax queries. Trust us to be your reliable partner in navigating the complexities of corporate taxation in the UAE. Contact us today for expert assistance tailored to your specific needs.