UAE corporate tax training in Dubai
Find out everything you need to know about the new UAE tax regime and prepare your business before the corporate tax rules come into effect on June 1, 2023. What you will learn at our UAE Corporate Tax Training In Dubai.
- Basic understanding of the new corporate tax system in the UAE.
- Learn how to meet international tax transparency standards.
- Deepen your general knowledge of tax returns to minimize the number of tax audits.
- Learn everything from the basics to filling and finalizing your corporate tax returns.
- UAE corporate tax training for Dubai business
- Running a Business
- Finance and Accounting
Corporate Tax Training Dubai
The new corporate tax regime in the UAE – everything you need to know
The United Arab Emirates plans to abolish its tax-free status by introducing a federal corporate income tax for companies whose annual net profit exceeds AED 375,000. The emirate, which has switched from a Friday-Saturday weekend to Saturday and Sunday, wants to move closer to the global market by introducing a corporate income tax.
The standard corporate tax rate for companies with an annual net profit of more than AED 375,000 is 9% and 15% for multinationals, in line with the Global Corporate Tax Floor Agreement. For small businesses and start-ups with annual net profits below AED 375,000, the tax rate is 0%.
Corporate income tax is not levied on personal income from employment, real estate, and other investments. For companies in the UAE free zones that do not do business with the mainland, tax incentives will remain in place.
These new tax initiatives aim to reaffirm the UAE’s commitment to meeting international standards of tax transparency and preventing harmful tax practices, and creating the world’s most competitive corporate tax regime in the UAE – Group of Seven Emirates.
While there is still time until June 2023 to implement the new tax regime, it is important for companies to familiarize themselves and prepare for the new corporate tax regime before December 2022.
Start with a short course on UAE corporate taxation in Dubai
Following the introduction of corporate tax by the UAE Ministry of Finance from June 1, 2023, companies with profits above AED 375,000 will have to pay a standard rate of 9%. A thorough understanding of the new corporate tax rules and practices will help medium and large companies avoid corporate tax violations. Bestaxca Training Institute in Dubai offers an 8-hour corporate tax training course for companies on the new corporate tax rules and practices in the UAE.
What does UAE corporate tax training in Dubai include?
At Bestaxca Training Institute in Dubai, you will learn everything you need to do to get your business ready for the new corporate tax regime at the end of 2022. Our short course on UAE corporate taxation covers many of the key sections of the UAE Federal Corporate Tax Law. Below is Bestaxca’s UAE corporate taxation course content:
Introduction to Federal Income Tax for UAE Companies and their Shareholders.
Relevant provisions of the Internal Revenue Code, corporate tax requirements, and filing corporate tax returns.
An overview of the fundamentals of tax law, including the origins of taxation, the three sources of tax law, the hierarchy of tax law, and legal doctrine.
How to calculate corporate income tax and alternative minimum tax (AMT).
Various tax planning techniques and ways to minimize tax liability within the legal framework.
Practical classroom exercises that facilitate the independent acquisition of tax knowledge and the development of various professional skills and attitudes.
Who can attend Bestaxca’s business taxation training in Dubai?
Corporate taxation courses are best suited for:
Professionals who wish to acquire in-depth knowledge in the field of corporate taxation and who hold a mid-level position in a company and are responsible for operations, supervision, or both.
Anyone in the accounting department (with a profit margin of more than AED 375,000) who wants to prepare their own tax return online.
Anyone who wants to learn more about corporate taxes.
Why choose Bestaxca for tax training in Dubai?
Bestaxca Training Institute is the leading training institute in Dubai for all types of professional training. With the new corporate tax coming into effect on June 1, 2023, Bestaxca Training Institute as a corporate training center in Dubai will help you learn everything you need to know about the corporate tax regime in the UAE.
Bestaxca has professionally trained instructors who are also experts in UAE tax law, VAT, and commercial law.
The aim of our corporate taxation course is to provide an overview of corporate tax planning in the UAE.
The course consists of 6 chapters, each lasting 8 hours and covering different aspects of corporate taxation.
Our new UAE corporate tax course in Dubai is designed to enable companies to complete all the necessary procedures that need to be done independently before corporate tax comes into effect. Even if you want to pursue a career in corporate taxation, our corporate taxation training will help you master the procedures and management of corporate taxation.