Ensuring your compliance on the financial front.
Whether you need to build an entire marketing strategy from scratch or refine your approach.
Servefast Advisory and its partners will ensure you remain tax compliant.
Find out why we are such a trusted resource for Europeans looking to establish a presence in Dubai.
Many still ask: “Is it true that there are no taxes in the UAE?” The answer is in fact that the UAE does have taxes – but they are very modest. VAT was introduced some years back at just 5%, while corporate tax was rolled out more recently and ranges from 0% to 9% depending on your company’s earnings. There is no personal income tax, no capital gains tax, no inheritance or estate tax, and no wealth tax. The bottom line is that you will be a resident of one of the most tax-friendly countries in the world.
As far as maintaining tax compliance on the business front, keeping your books and filings in order is a must, and so it is best you work with a professional for the task. Servefast Advisory provides end-to-end support for navigating the complexities of VAT and corporate tax compliance in the UAE – from registration through to filings and returns. We provide peace of mind on a task that is not very forgiving of mistakes.
How Servefast Advisory supports
in the area of tax & accounting
Once we establish our initial workflow with you and any in-house or external financial support teams you may have, we will guide or fully drive your VAT and corporate tax filings. VAT is usually due quarterly, while corporate tax filings are carried out on an annual basis.
Banking
We can support with bank account setup once your company license and residency visa have been secured. It all starts here, after all.
Tax registration
You’ll need to register for both VAT and corporate tax. We will ensure all initial filings are in order and see it through to completion.
Tax filings
Our corporate and VAT tax experts are there to ensure your business stays compliant at all times, supporting with correct and timely filings.
Accounting support
Should you require broader accounting support outside of tax filings, our partners can put together a custom package for you.
Because it is just plain smart to optimise your taxes.
As we stress to all our clients, when it comes to taxes, the goal of having a presence in Dubai is about tax optimisation, not avoidance. Your situation is unique to you, and setting up in Dubai doesn’t automatically erase tax obligations back home. Strategic structuring, clarity on residency status, and proper advice are key to ensuring compliance and optimisation. Done right, Dubai can be a game-changer, but you have to be properly informed.
The goal is to find out what optimisation looks like for you. Through our partners in the UAE and Europe, we will help you get to the answer quickly, and we can provide support in structuring your affairs accordingly. What we have found over the years is that optimisation for most is usually quite straightforward. We have also found that there are advantages for everyone – ones that are always based on a comprehensive knowledge of the tax laws and how your situation fits into them.
Frequently asked questions
Is my income in Dubai taxed?
How can high-net-worth individuals (HNWIs) benefit from relocating to Dubai?
Are there double tax treaties in place in the UAE?
What happens if I don’t register or file taxes on time in the UAE?
As a free zone company will I be required to submit annual audited financial statements?
Get in touch with our Munich office today
for a free consultation.
Contact us today and let’s discuss your requirements. We’ll give our honest opinion on what we feel is the best path forward for you, putting you in a position to make an informed decision.
