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At Litrix Business Solutions, our Corporate Tax Planning services are designed to ensure that your operations align seamlessly with the new UAE Corporate Tax rates. Our primary goal is to minimize your tax liabilities while maintaining full compliance with local laws and regulations. With our expert guidance, you can achieve positive outcomes that drive business growth and strengthen your financial standing.
It’s important to understand that Corporate Tax Planning is not about tax avoidance; it’s about adhering to the legal framework while optimizing your tax position. We help you reduce your tax burden within the boundaries of the law, paving the way for sustainable growth and compliance. Our approach also empowers you to manage your capital budgets, marketing costs, and other business expenses more efficiently.
Our services begin with registering your business with the Federal Tax Authority (FTA). Once registered, we assess the impact of Corporate Tax on your operations and assist with the following planning elements:
– Structuring your business for optimal tax efficiency
– Corporate Tax registration and documentation
– Identifying potential changes in accounting processes
– Staff training on corporate tax management
Throughout the planning process, we focus on your corporate objectives and take the time to understand your business needs and industry dynamics. This enables us to create a tailored strategy that ensures effective management of your corporate tax obligations, while preparing your business for future regulatory changes.
At Litrix Business Solutions, our team of expert Corporate Tax Planners brings deep expertise in tax laws and their impact across various industries. We use this knowledge to manage your Corporate Tax Planning in full compliance with local regulations, ensuring that all records and data are meticulously maintained for necessary disclosures to the authorities.
In addition, we craft customized Transfer Pricing policies and models that adhere to both OECD guidelines and UAE regulations. These policies are specifically designed to support your business goals while ensuring full compliance with regulatory standards. Our transfer pricing strategy includes the development of a comprehensive methodology for handling inter-company transactions, optimizing your tax position while minimizing risk.
At Litrix Business Solutions, our Corporate Tax Planning services offer a strategic approach to ensure seamless compliance with Corporate Tax Regulations. We proactively assess potential risks, evaluating each jurisdiction where you operate and developing efficient pricing mechanisms for inter-company transactions.
With our services, you can:
– Effectively manage and mitigate tax risks
– Optimize tax liabilities while maintaining full compliance with legal and regulatory requirements
– Develop customized plans for corporate tax transactions
– Ensure timely and accurate tax return filings
– Maximize long-term tax benefits for sustainable growth
Here are some common questions about Corporate Tax Planning
A tax group is formed when a parent company and its subsidiaries are both resident juridical persons that follow the same accounting standards and financial year. The parent company must hold at least 95% of the subsidiary’s share capital and voting rights, as well as a similar percentage of profits and net assets.
The parent company within the group is responsible for preparing the consolidated financial statements, which must incorporate data from all subsidiaries for the relevant tax period in which they were members of the tax group.
