Duration of Class : 2 Days

Corporate Tax Course Overview

The introduction of the corporate tax in UAE regime is intended to help the UAE achieve its strategic ambitions and incentivize businesses to establish and expand their activities in the UAE. The certainty of a competitive regime, together with the UAE’s extensive network of double tax treaties, will strengthen the UAE’s position as a world leading destination for investment.

Training Takeaway:

  • A comprehensive guide on the UAE Corporate Tax 2023 along with practical examples
  • A certificate of participation

  • The UAE Corporate Tax Regime Was Designed To Enable The UAE To

  • Remain a competitive and productive economy.
  • Continue to support and encourage growth.
  • Continue to attract foreign investment.
  • Be sufficiently flexible to respond to changing international and domestic environments and tax developments.
  • Provide certainty for both businesses and the tax administration.
  • Minimize the compliance burden for businesses.

  • Course Breakdown

  • Why is UAE Corporate Tax needed? (The objective of applying corporate Tax)
  • The key Principles of Corporate Tax in UAE Regime
  • Introduction of Corporate Tax
  • Taxable Person
  • Basis of Taxation
  • Freezone Person
  • Calculation of Taxable Income
  • Calculation of Corporate Tax Liability
  • Withholding Tax (WHT)
  • Tax Group
  • Administration
  • Transfer Pricing
  • International Tax Development

  • Why Should You Take This Training?

  • Understand the Corporate Tax in Dubai and its impact on your company.
  • Understand the Corporate Tax in UAE and its impact on your company
  • Understand the influence of UAE Corporate Tax on the operational and financial performance of the business
  • Distinguish the various types of Businesses which are exempt from UAE Corporate Tax
  • Distinguish between the tax profit and accounting profit for Corporate Tax calculations
  • Scope of Corporate Tax in UAE and its calculations
  • Understand the impact of VAT on the Imports and Exports to the member countries (Gulf region) and non-member countries (rest of the world)
  • Prepare the invoices including VAT training
  • Submission of Corporate Tax Return
  • Reconciliation of Accounting profit with Tax Profit and application of 9% Corporate Tax rate
  • Identify potential errors in Corporate Tax calculations and how to avoid them

  • * The UAE Corporate Tax Training is based on the Public Consultation Document issued by the authority.

    Who Should Take This Training?

  • Finance managers, Accountants and Tax Professionals from across all industries and companies.