We provide comprehensive tax services addressing challenges under GCC's new tax regimes, ensuring compliance across UAE, Saudi Arabia, and GCC regions.
With extensive experience advising listed companies to family businesses, we cover full-spectrum tax structures including direct/indirect tax capabilities.
Our Big Four-trained experts deliver integrated solutions combining cross-border transaction expertise with local tax knowledge.
Through global partnerships, we provide worldwide tax advisory services.
| UAE | Saudi Arabia | Bahrain | Oman | Qatar | Kuwait | |
|---|---|---|---|---|---|---|
| Corporate Tax | 9% (note 1) | 20% (note 2) | 15% | 10% | 15% | |
| Capital Gains | 20% | 15% | 10% | 15% | ||
| Withholding Tax | 5-20% | 10% | 5% | (note 3) | ||
| Transfer Pricing | (note 4) | |||||
| Thin Capitalization | ||||||
| Country-by-Country Reporting | Pending | |||||
| Economic Substance | ||||||
| VAT | 5% | 15% | 10% | 5% | Pending | Pending |
| Customs Duty | 5% | 5% | 5% | 5% | 5% | 5% |
| Excise Tax | 50-100% | 50-100% | 50-100% | 50-100% | 50-100% | Pending |
| Social Security | ||||||
| Real Estate Tax | 5% |
Controlled Foreign Company Rules
General Anti-Avoidance Rules (GAAR)
Personal Income Tax
Inheritance Tax
Transfer Tax
Stamp Duty
From 1 June 2023, 9% corporate tax applies to mainland businesses with taxable profits exceeding AED 375,000.
2.5% Zakat is levied on higher of adjusted net profit or net asset value for Saudi/GCC shareholders.
5% withholding tax on foreign payments, exempt with Kuwait Tax Clearance Certificate.
Related-party transactions require arm's length valuation without official methodology guidance.
Yes, hiring an accountant or bookkeeper ensures that your financial records are up to date and free of any errors. An accountant can also ensure that your business financial statements comply with tax laws and obligations. (Provided by Adam)
Accounting is an umbrella term that covers a wide range of financial services, including analysis and strategy. Bookkeeping, on the other hand, focuses primarily on recording and monitoring financial transactions. (Provided by Adam)
Accounting service providers ensure your tax reporting is accurate and help you identify tax exemptions under various schemes. We ensure your business complies with UAE tax laws. (Provided by Adam)
Outsourced accounting services help you save costs, ensure accuracy and stay compliant. You can focus on growth while our chartered accountants manage your financial statements. (Provided by Adam)
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