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corporate tax

Corporate Tax on Free Zone Companies

UAE has introduced Corporate Tax on 1 June 2023. This webinar sheds light on the Corporate Tax, specifically focusing on free zone companies operating in the United Arab Emirates (UAE), the significance of understanding the corporate tax regulations applicable to free zone companies in the UAE. As a tax-conscious business, it is essential to comprehend the obligations and opportunities that arise from these regulations.

 

We are sharing an online discussion and presentation on UAE Corporate Tax – Tax on Free Zone Companies – participated by CA Balaram Vuchidi, Founder, Spectrum Auditing, CA Manish Saraf which took place on 9th June 2023.

 

The following topics are covered in this video session along with examples explained in great detail:

  • Background & scope of UAE Corporate Tax (UAE CT)
  • Calculation of taxable income
  • Qualifying Free Zones
  • Tax loss
  • Tax group
  • Withholding tax
  • Foreign tax credit
  • Related parties & connected persons
  • Transfer pricing
  • UAE CT Administration

 

Spectrum Auditing will guide you with the laws and regulations of UAE, be it Corporate Tax (CT), Transfer Pricing (TP), Ultimate Beneficiary Owner (UBO), Anti Money Laundering (AML), etc  after reviewing your business.

 

To watch the webinar on our YouTube channel, click here: https://www.youtube.com/@Spectrum-Auditing

 

Watch the video here:


 

You can download the presentation document from here: Download CT Presentation

 

ABOUT Spectrum Auditing

Spectrum Auditing provides a host of services. One of the key areas of expertise lies in audit services, where our skilled professionals ensure accuracy and compliance in financial reporting. By conducting thorough audits, we help businesses maintain transparency and build trust among stakeholders. Our accounting services offer precise financial record-keeping, bookkeeping, and financial statement preparation. Our team of experienced accountants ensures that companies maintain reliable financial data, facilitating informed decision-making and meeting regulatory requirements. Our business advisory services offer strategic guidance, financial analysis, and feasibility studies to help companies identify growth opportunities, streamline operations, and make informed business decisions.

 

Being a pioneer in the field of auditing, accounting, taxation and advisory services, we ensure we keep track of all the changes that are taking place in the UAE with respect to the changes in laws, rules, regulations and keep our clients informed as well as sharing the same information through our blog section or social media handles regularly. Call us today for any kind of assistance at +971 4 2699329  or email [email protected] to get all your queries addressed. Spectrum is your partner in your success.

 

With Spectrum Auditing’s expertise and tailored solutions, we empower businesses to navigate the complexities of corporate taxation, enabling them to thrive in the UAE’s dynamic business environment.

 

#corporatetax #spectrumauditing #spectrum #auditing



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balaram

Balaram Vuchidi

Managing Director
+971 50 9866 466
[email protected]
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