✧ The new UAE Corporate Tax Law is set to take effect from the 1st of June, 2023. This new tax law brings sweeping new regulatory changes that will have far-reaching implications for all businesses operating in the UAE, including free zone companies. At Lemon Consultech, we understand the complexities of this new tax law, and we are well-equipped to help businesses navigate these changes. We are pleased to introduce our new service offering, the "Corporate Tax Impact Assessment," designed specifically to help businesses prepare themselves for this new regulatory landscape. Our Corporate Tax Impact Assessment service provides a detailed evaluation of your potential tax liability and compliance requirements under the new UAE Corporate Tax Law. This report will allow you to gain a clear understanding of your obligations and prepare your business for this new regime.
✧ This new regime brings about a multitude of changes that will have far-reaching implications for all businesses operating in the UAE, including free zone companies. Some of the most significant changes include transfer pricing regulations and General Anti-Avoidance Rules (GAAR) provisions. These changes will make it imperative for businesses to carefully evaluate their operations and ensure compliance with the new tax laws. In addition to these significant changes, there are a host of other nuances that every business should be aware of. For example, the new tax law has introduced new rules around the deductibility of expenses and the transfer of losses. Businesses will need to ensure that they are aware of these changes and that they are correctly applying them to their operations. With just a few short months until the new tax law takes effect, there is no time to waste. Every moment counts, and every action taken now to prepare your business for this new regulatory landscape could make the difference between success and failure.
✧ In addition to our Corporate Tax Impact Assessment service, we are delighted to announce our comprehensive range of tax services, which are billed separately but can be combined into a comprehensive package according to your organization’s needs which include:
Our expert team assists your organization in navigating the complex process of corporate tax registration. We ensure that your business is compliant with all necessary regulations and requirements, allowing you to focus on your core operations with peace of mind.
Lemon Consultech provides support with the accurate and timely filing of corporate tax returns. Our experienced tax professionals ensure that your organization adheres to all relevant tax laws and regulations, minimizing the risk of costly penalties and maximizing tax savings where possible.
We offer guidance and assistance in filing transfer pricing disclosures, which are essential for businesses engaged in cross-border transactions with related parties. Our experts help you maintain compliance with transfer pricing regulations, reducing the risk of disputes and ensuring that your organization is operating within the required legal framework.
Our corporate tax advisory services provide businesses with tailored advice and strategies to address tax-related challenges and opportunities. We help you navigate the complexities of tax legislation, identify potential tax savings, and implement effective tax management solutions to optimize your organization's tax position.
Lemon Consultech specializes in developing customized tax planning and optimization strategies that align with your organization's unique goals and objectives. By leveraging our extensive knowledge of tax regulations and best practices, we help you minimize your tax burden while ensuring compliance with all applicable laws.
Our team of tax experts assists your organization in complying with General Anti-Avoidance Rules (GAAR) provisions, which are designed to prevent tax evasion through aggressive tax planning techniques. We help you identify and mitigate potential risks associated with GAAR, ensuring that your organization remains compliant and avoids costly penalties.
Lemon Consultech provides comprehensive support in the event of tax audits or disputes, guiding your organization through the entire process. Our experienced tax professionals work closely with you to gather necessary documentation, present your case effectively, and negotiate favorable resolutions on your behalf.
For organizations engaged in international business and cross-border transactions, our international tax advisory services are invaluable. We help you navigate the complex tax implications of multinational operations, ensuring compliance with local and international tax regulations, and providing strategic advice on tax-efficient structures and strategies.
✧ By offering these comprehensive tax services, Lemon Consultech empowers your organization to achieve tax compliance, minimize risk, and optimize your overall tax position. Choose from our individual services or combine them into a tailored package that meets your organization's unique needs, and partner with us to enhance your business's financial performance and growth.
✧ Don't let fear and uncertainty hold your business back. Act now and contact us at Lemon Consultech to learn more about our Corporate Tax Impact Assessment and other tax services and how we can help you prepare for this new regulatory landscape.