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At AKW consultants, we are one of the reliable corporate tax advisory services. Corporate tax will be applicable for financial years starting on or after June 1, 2023. There will be no taxes on profit upto AED 3,75,000 and 9% on profit more than AED 3,75,000. The challenges can arise in preparation of financial statements and tax accounts. Also challenges can arise in the planning of resource requirements and qualified consultants. Also there may be problems in gap analysis, systems review, internal education, training and documentation.
At AKW consultants, we evaluate the present financial accounting, internal control, systems and documentation processes. We examine the current company model, organizational structure, revenue streams, costs and assets. We also ensure that there are no potential tax repercussions. We develop policies and procedures for ensuring compliance with corporate tax regulations. We ensure smooth transition of the company and we also ensure compliance with other laws such as Economic substance regulation, Anti-money laundering, VAT and more. If you are looking for a corporate tax consultant in Dubai, we are an ideal choice.
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