Taxation
Taxation Services
Taxation plays a crucial role in the day-to-day operations of most businesses, regardless of size. Understanding the impact and significance of the various applicable and ever-changing tax laws and regulations is essential for any enterprise. We help our clients unravel the complexities of taxation to ensure and optimize tax compliance and efficiency, thereby contributing to our clients’ financial health.
Scope of Service
Tax Planning
Formulate and implement a strategic approach to minimize various tax liabilities and maximize efficiency. This involves a keen understanding of tax laws and regulations, as well as implementing practices that take advantage of tax benefits, deductions, credits, and exemptions. Taxes may include value-added tax, income tax, international tax (including double taxation treaties), and transfer pricing challenges.
Tax Accounting
Allows businesses to accurately record tax-related data in order to prepare tax returns, manage tax obligations, and comply with tax laws and regulations. It can help identify tax-saving opportunities, minimize liabilities, and enhance financial efficiency and profitability.
Tax Return Filing
Filing various tax returns can be a daunting task, especially with constantly changing tax laws, regulations, and forms. We specialize in making tax filing hassle-free and efficient for businesses while employing strict confidentiality. Our meticulous review process ensures that all deductions and credits are considered and that the tax returns are filed correctly.
Tax Assessment
Tax assessment and scrutiny support are critical aspects of tax compliance for businesses. Our tax assessment assistance service ensures that businesses manage these processes efficiently.
Tax Audit
These are critical events that businesses may encounter and are often challenged to navigate successfully. Proper preparation and response strategies are essential to assist businesses in efficiently responding to tax authorities' inquiries in an organized manner.
Our Guiding Principles & Customer-Centric Approach
We work with our clients to understand their current and evolving taxation needs in order to provide tailored solutions. The key steps in our process are:
Preliminary Assessment
Conduct a thorough preliminary assessment to understand the client's financial situation, business structure, tax-related issues, and key areas of taxation support required.
Identify Potential Tax Risks
Assess the client's existing tax filings, obligations, and liabilities for in-scope taxes, and identify areas where the client may be exposed to tax risks or inefficiencies.
Customize Solution
Customize the engagement plan and provide the client with a commercial proposal, including the specific deliverables for the scope of services required (including timeline).
Negotiation & Contracts
Complete the negotiation and legal contracts for the work to be performed.
Onboarding & Implementation
Client onboarding and work commencement, including one-time, recurring, or ongoing activities.
Provide Deliverables
Provide agreed deliverables to the client, including report preparation, issuance, and regular updates about changes in tax laws (if in scope).
Get in Touch with
Our Experts
- +971 50 146 8999
- [email protected]
- Shams Business Center, Sharjah Media City Free Zone, Al Messaned, Sharjah, United Arab Emirates
