Maximize Your Saving with
Expert Tax Strategies
Achieve optimal compliance and financial efficiency with tax solutions tailored to your business’s unique needs.
How Our Tax Expertise Can Help Your Business
Tax Planning and Strategy
Are you unsure how to optimize your tax liabilities and avoid potential risks?
Let us design a tailored tax strategy for your business, ensuring you leverage all available deductions and credits, so you minimize your tax burden and retain more profit.
CT and VAT Compliance
Struggling to keep up with CT & VAT regulations and filing requirements?
We will handle your CT & VAT registrations, filings, and compliance needs, ensuring you stay compliant with local regulations, so you avoid fines and penalties.
International Taxation
Do you operate across borders and face challenges with international tax laws?
Our experts will navigate the complexities of international taxation, optimizing your global tax position, so you maximize profitability while staying compliant worldwide.
Corporate Tax
Corporate tax in the UAE is a relatively recent development, introduced as part of the country’s broader initiative to align with global tax standards and diversify its revenue base.
Effective from June 2023, the UAE corporate tax applies to almost all businesses operating within the country, with certain exceptions for small businesses and free zone entities that meet specific criteria.
This new tax regime requires companies to navigate a complex set of regulations and compliance requirements, making expert guidance essential.
At New Age CFO, we offer a comprehensive suite of services to help your business meet its corporate tax obligations effectively and efficiently:
- Tax Structuring: We design tax structures that minimize liabilities while ensuring compliance with UAE tax laws.
- Tax Advisory: We offer tailored advice on tax issues, keeping you informed of regulatory changes and managing risks.
- Transfer Pricing Advisory: We help you develop compliant transfer pricing strategies to avoid penalties and disputes.
- Corporate Tax (CT) Registration: We assist with the mandatory corporate tax registration process to ensure timely and accurate compliance.
- Corporate Tax (CT) Filing: We manage the preparation and submission of your corporate tax returns, ensuring compliance and accuracy
- Tax Assessment: We evaluate your tax position to identify liabilities and optimize your tax strategy.
At New Age CFO, we are committed to helping your business navigate the complexities of the UAE’s corporate tax regime with confidence and ease.
Let us be your partner in achieving tax compliance and efficiency.
VAT
Value Added Tax (VAT) was introduced in the UAE on January 1, 2018, as part of the government’s efforts to diversify its revenue sources and reduce reliance on oil.
VAT is a consumption tax levied on the majority of goods and services at a standard rate of 5%. It applies to most businesses operating in the UAE, requiring them to register, collect, and remit VAT to the Federal Tax Authority (FTA). Compliance with VAT regulations is crucial for businesses to avoid penalties and ensure smooth operations.
At New Age CFO, we provide a comprehensive range of VAT services to support your business in managing its VAT obligations:
- VAT Health Check: We thoroughly review your VAT processes to ensure full compliance and identify potential risks.
- VAT Registration / Deregistration: We manage your VAT registration or deregistration with the FTA, ensuring a smooth, compliant process.
- VAT Filings: We handle the preparation and submission of your VAT returns, ensuring accuracy and compliance with FTA requirements.
- VAT Refunds: We assist with claiming VAT refunds, ensuring your submissions are accurate and timely for maximum success.
- VAT Voluntary Disclosures: We help you correct errors in previous VAT filings and submit necessary corrections to the FTA.
- Tax Audit Support: We provide comprehensive support during VAT audits, ensuring a smooth process with minimal disruption to your business.
At New Age CFO, our tailored VAT services are designed to keep your business compliant, efficient, and well-prepared for any VAT-related challenges.
International Taxation
In today’s globalized business environment, managing international taxation is crucial for companies operating across borders.
The UAE’s status as a business hub requires navigating complex international tax regulations, including compliance with global standards like the OECD’s BEPS initiative and tax treaties. Effective management helps optimize your global tax position, mitigate risks, and ensure compliance.
At New Age CFO, we offer a range of international taxation services designed to support your business in managing its cross-border tax obligations:
- Tax Residency Assessments: We assess your tax residency status to ensure compliance with local and international tax laws.
- Tax Treaty Advice: We help you leverage double tax treaties to minimize liabilities and avoid double taxation across jurisdictions.
- Pillar II and BEPS Advice: We guide you through BEPS and Pillar II regulations to ensure compliance and maintain competitiveness.
- Tax Certificates: We assist in obtaining necessary tax certificates, ensuring your documentation supports your tax position.
- Country by Country Reporting: We prepare and file CbC reports to meet UAE and international tax compliance standards.
- Withholding Tax Advisory: We advise on withholding tax obligations for cross-border transactions, helping you manage rates and exemptions.
Step-by-Step Guide to Engaging
with New Age CFO for Tax Advice
Navigating the complexities of tax can be daunting, but New Age CFO makes the process straightforward and stress-free. Here’s how you can engage with us for expert tax advice:
1
Initial Consultation
Contact us to schedule a free initial
consultation where we discuss your tax needs, challenges, and objectives.
2
Customized Proposal
Based on our consultation, we provide a tailored proposal outlining our recommended services, timelines, and fees.
3
Engagement Agreement
& Compliance
Upon your approval of the proposal, we formalize our partnership with an engagement agreement and conduct a KYC process
4
Data Collection
We work with you to gather the necessary financial data and information required for implementing effective tax strategies.
5
Strategy Development
& Implementation
Our team develops and implements a customized tax strategy tailored to your business’s unique needs, ensuring compliance and maximizing savings.
6
Ongoing Support
& Regular Reviews
We provide continuous support with regular updates, reports, and advice to keep your tax strategies effective and aligned with any changes in your business or the regulatory environment.