The UAE’s tax landscape has evolved significantly. VAT was introduced in 2018, and UAE Corporate Tax came into effect for financial years beginning on or after 1 June 2023. Businesses must now navigate both VAT compliance obligations and corporate tax requirements simultaneously — while keeping pace with ongoing regulatory updates from the Federal Tax Authority (FTA).
AM Consultancies provides practical, reliable support for both VAT and Corporate Tax — handling registration, filing preparation, and compliance management so that your business meets every obligation accurately and on time.
- VAT SERVICES
We manage the FTA registration process for businesses that have reached the mandatory or voluntary VAT registration threshold.
We prepare your VAT returns based on your transaction records, review for accuracy, and submit to the FTA within the required filing period.
If your business has received a VAT penalty or assessment, we can assist in reviewing the situation and preparing a reconsideration request.
We conduct a review of your existing VAT processes to identify errors, missed input claims, or compliance gaps before they become issues.
For businesses that fall below the threshold or cease trading, we manage the FTA deregistration process.
- CORPORATE TAX SERVICES
Corporate Tax Registration
All UAE businesses are required to register for Corporate Tax with the FTA, regardless of whether they are liable to pay tax. We manage the registration process on your behalf.
Corporate Tax Return Filing
We prepare and file your annual Corporate Tax return based on your audited accounts and applicable adjustments, ensuring compliance with the FTA's requirements.
Tax Group Registration
Where eligible, related businesses under common ownership may elect to form a Tax Group for CT purposes. We assess eligibility and manage the process.
Free Zone Qualifying Income Assessment
Free zone businesses may be eligible for 0% Corporate Tax on qualifying income. We assess your activity profile and help structure your compliance accordingly.
Ongoing Corporate Tax Advisory
As UAE Corporate Tax guidance continues to develop, we keep your business updated on changes that affect your obligations and planning options.
If your taxable turnover exceeds AED 375,000 in the last 12 months or is expected to exceed it in the next 30 days, VAT registration is mandatory. Voluntary registration is possible from AED 187,500. Certain activities and sectors are exempt.
Free zone entities are subject to UAE Corporate Tax registration requirements. However, Qualifying Free Zone Persons may benefit from a 0% rate on qualifying income. This requires meeting specific conditions under the CT legislation.
The FTA has issued staggered deadlines based on license issuance dates. We will confirm your specific deadline upon consultation and ensure registration is completed on time.
Businesses must maintain financial records and supporting documents for at least 7 years. This reinforces the importance of accurate bookkeeping from day one of your operations.
