Excise Tax Health Check
The UAE introduced excise tax in 2017 on specific products, and in 2019, the tax was expanded to cover more items. This shift has impacted businesses significantly, affecting their margins, pricing, cash flows, documentation, bookkeeping, IT systems, product demand, contract terms, and compliance requirements.
Warehouse Keeper Registration and Renewal in the UAE
According to the new Public Clarification, a warehouse keeper is an individual responsible for managing or planning to manage a Designated Zone for excise tax purposes. Warehouse keepers are legally required to register with the FTA in order to supervise Designated Zones, which must also be registered before beginning operations.
Stay Compliant with Smart Digital Tax Solutions
Staying compliant with digital services taxation can be a challenge, and not managing it effectively can disrupt your business operations. As businesses increasingly move online and e-commerce continues to grow, digital tax has become a crucial part of the tax landscape.
Withholding Tax Advisory Dubai
Withholding tax (WHT) is a form of income tax that is deducted at the source, meaning the tax is taken out of a payment before the recipient receives it. For example, an employer might deduct withholding tax from an employee’s salary. Withholding tax is often applied to payments made to overseas companies or non-resident individuals.
Transfer Pricing Advisory UAE
Transfer pricing refers to the price set for goods, services, intellectual property, or financial transactions between two related entities within a multinational group. According to the globally accepted arm’s length principle, the pricing for these transactions should be similar to what it would be if the same transaction occurred with an unrelated entity.
UAE Tax Residency Certificate
Tax residency refers to the country where you or your business are legally required to pay taxes on your income. If you hold a Tax Residency Certificate (TRC) in the UAE, you become a tax resident here. This means you will pay taxes in the UAE and can avoid paying taxes in another country, helping you avoid double taxation.
Permanent Establishment Advisory
A Permanent Establishment (PE) is a situation where a business has a fixed place of operations in a foreign country, and it becomes subject to local taxes. If you regularly conduct business activities in more than one country, you may need to pay taxes in both the country where the business is based and the country where it operates.
Foreign Tax Credit Advisory Services
A Foreign Tax Credit (FTC) allows businesses and individuals earning income from foreign sources to claim credits for the taxes paid to foreign countries. This credit helps reduce the amount of corporate tax you need to pay in the UAE and prevents double taxation on the same income.
Double Taxation Avoidance Advisory Dubai
Double taxation occurs when a person or business is taxed twice on the same income. This typically happens when a taxpayer is required to pay taxes in two different countries on the same earnings. For businesses with international operations, double taxation can reduce profits and limit growth opportunities, making it harder to expand globally.
Corporate Tax Services
On 1 June 2023, the Ministry of Finance (MoF) introduced a new federal corporate tax system in the UAE. This significant change means that businesses in Dubai must reassess their tax strategies to remain compliant and minimize tax liabilities.
VAT Return Filing in UAE
If your business is registered for VAT in the UAE, you must file VAT returns either monthly or quarterly, depending on instructions from the Federal Tax Authority (FTA). During this period, you need to report the VAT you’ve collected from customers, calculate your total VAT liability, and claim any refunds on VAT paid to your suppliers.
Claim VAT Refunds
If your business pays more VAT (Value Added Tax) than you collect from customers, you are eligible for a VAT refund in the UAE. However, the process of claiming a VAT refund can be complicated, especially for new business owners. Without proper knowledge, delays or rejections can happen, which can hurt your cash flow and overall profitability.
Professional VAT Consulting for Compliance
Since VAT was introduced in the UAE, businesses have faced many challenges in staying compliant with regulations related to VAT registration, declarations, inventory controls, and exemptions. Handling daily operations while also managing these tax requirements can make businesses vulnerable to penalties and fines.
VAT Compliance Audits
VAT (Value Added Tax) regulations in the UAE keep changing, and it can be tough for businesses to keep up. If your business doesn’t follow these rules, you could face penalties and fines. That’s where Smart Business Creation steps in! We offer full VAT compliance services that are tailored to your business, ensuring you meet all the legal requirements without the headache.
UAE VAT Registration services
There are two types of VAT registration available for businesses in the UAE, and the type you need depends on your company’s yearly income.
Open a Bank Account | Bank Account Opening in Dubai
We are leading Dubai based Business Consultancy firm assists in Bank account opening in Dubai for offshore and onshore companies. Call us: +971 4 393 9099
How to Get a Metaverse Services License in Dubai, UAE?
Starting a metaverse business in Dubai is an extremely lucrative option, Follow this guide on how to get a metaverse services license in UAE.
The Federal Tax Authority Audit
The Federal Tax Authority (FTA) is the UAE’s federal body for tax administration, collection and enforcement. Created by Federal Decree-Law No. 13 of 2016, it manages every federal tax now in force: Value Added Tax (VAT, 2018), Excise Tax (2017) and the Corporate Tax regime that began for financial years starting 1 June 2023. Through its EmaraTax portal the FTA registers taxpayers, processes returns and payments, and carries out risk-based audits to verify compliance, issuing assessments or penalties when required.
Cryptocurrency License in Dubai UAE – Smart Business Creation
Here is how you can get a cryptocurrency license and start your crypto business in Dubai, UAE. Book a free appointment for any assistance.
E Commerce License in Dubai – Smart Business Creation
The scope of Ecommerce business in Dubai is constantly increasing. Here are the steps needed to obtain an e commerce License in Dubai.
Industrial License Dubai, UAE – Smart Business Creation
This is how you can get Industrial License in Dubai. Smart Business Creation Consultancy can assist you in this complex process. Feel free to contact us!
External Audit Services in UAE
Annual external audits are compulsory in the UAE: Federal Law No. 32 of 2021 obliges every mainland LLC and PJSC (Public Join Stock Company) to appoint an independent, Ministry-of-Economy licensed auditor, while free-zone authorities (DMCC, JAFZA, DIFC, etc.) require audited accounts for licence renewal. Our External Audit Service handles the entire process risk-based planning, fieldwork, and a clear opinion so banks, investors, and regulators can trust your numbers and you can focus on growth.
Commercial License in Dubai UAE – Smart Business Creation
This is how you can obtain a commercial license in Dubai UAE. Here is the guide containing the complete requirements for commercial trade license.
Trade License in Dubai UAE – Smart Business Creation
if you want to Start Your Business in Dubai you will need a trade license of DED. We offers company setup, trade license renewal & cancellation services.
RAK Offshore Company Setup & Formation | Smart Business Creation
An RAK ICC offshore company is a Ras Al Khaimah registered, non-resident entity that facilitates international trading, asset protection, and wealth planning entirely free from corporate or income tax.
Governed by the RAK ICC Regulations 2016, it allows 100 % foreign ownership, no minimum paid-up capital, and no requirement for leased office space.
Business Setup in JAFZA Offshore, Dubai, UAE
A JAFZA offshore company is a Dubai-registered, non-resident entity designed for international trading, asset holding, and wealth planning—all without any corporate or income tax. Governed by the JAFZA Offshore Regulations 2003, it offers 100 % foreign ownership, no office-lease requirement, and straightforward incorporation through a registered agent.
Ajman Offshore Company Setup | Smart Business Creation
An Ajman Offshore company formed under the Ajman Free Zone Authority offers a zero-tax, non-resident vehicle ideal for global trading, asset protection, and estate planning.
It permits 100 % foreign ownership, no paid-up capital requirement, and no need to lease physical office space within the UAE.
Expert Internal Audit Services in UAE
Robust governance begins within. Our Internal Audit Services in the UAE align your organisation with the 2024 Global Internal Audit Standards™ and the UAE Corporate Governance Code, which require an independent, standalone audit function for all public and many private entities. We build risk-based audit plans, evaluate controls end-to-end, and deliver concise, board-ready reports that surface process gaps, fraud exposures, and performance-boosting efficiencies.
KIZAD Free Zone | Khalifa Industrial Zone in Abu Dhabi
Learn to setup your business in Khalifa Industrial Zone Abu Dhabi (KIZAD). Kizad free zone benefits, registration and licensing process.
Financial Record Management Services
At Smart Business Creation, our financial record management services extend beyond Dubai, providing timely and accurate financial management across the UAE. As one of the leading companies in this field, we ensure your financial records are properly maintained and comply with UAE’s laws and regulations.
Company Formation the Smart Way !
