HLB HAMT is a tax consulting firm in Dubai that provides services related to corporate tax, VAT, excise tax, and tourist tax to help businesses understand and comply with UAE's tax laws. They have skilled professionals who can assess clients' tax requirements and create tailored strategic plans. Their services also include VAT registration, filing returns, audits, and advising on transactions to help lower clients' tax liability.

1. TAX
CONSULTANTS IN
DUBAI UAE
https://hlbhamt.com/

2. Managing tax matters along with regular routine business might seem difficult.
HLB HAMT is an expert tax consultant in Dubai with a dynamic workforce that
can help with numerous tax specialities, and also incorporate them into your
business as a strategic model.
Our skilled professionals will assess both your personal and business tax
requirements. Then we’ll create a financial strategic plan that’s tailored to your
company’s needs. Our personnel have the skills and knowledge they need to
comprehend the taxation system. Furthermore, we provide services for our
customers using sophisticated tools, and methodologies.

3. TAX CONSULTANCY SERVICES IN UAE
How do Tax consultants add benefits to a business in
UAE?
Hiring a tax consultant is a preferable choice since it makes a corporate entity
knowledgeable of the country’s tax rules. Tax professionals assist in the preparation of tax-
related matters. They benefit your company by doing the following:
 Lower your tax liability by staying up to date on the latest tax amendments
 Assisting you in deciding whether the VAT system is best for you – voluntary or
mandatory
 Analyzing the tax advantages and disadvantages of your company’s activities
 Implementing a metrics-based evaluation to assess industry trends and its tax
implications

4. DIFFERENT CATEGORIES OF TAX IN UAE
The United Arab Emirates (UAE) has been one of the foremost appealing
destinations for budding firms, mid-sized firms, and major corporations
because of its 0% personal income tax as well as a multitude of business
permits and operations permitted in the free zones and cheap import tariffs.
The UAE government has always made an effort to make the country’s tax
environment as attractive and reasonable. The United Arab Emirates has
produced different tax categories over period.

5. I. CORPORATE TAX
For the fiscal year beginning on or after June 1, 2023, the United Arab Emirates
has decided to impose a corporate tax on business profits. The proposed UAE
corporate tax rates are as follows:
 There is no tax on taxable income up to AED375,000
 Taxable income above AED375, 000 is subject to a 9% tax rate
Non Taxable Income & Exemptions
 Businesses that engage in commercial activities and the exploitation of natural
resources

6.  On domestic and cross-border payments, there will be no withholding taxes.
 Individuals who own shares or other assets in their own name and get
dividends, capital gains, or other forms of income.
 Individuals who have bank accounts or savings plans earn interest and other
income.
 An individual’s earnings are determined by their salary or employment income.
 Dividends and capital gains are generated by qualifying shareholdings in a
UAE firm.

7.  Intra-group transfers and reorganizations that qualify
 Individuals who do not require a company license or license to invest in real
estate in the UAE can do so in their personal capacity.
II. VALUE ADDED TAX (VAT)
VAT (Value Added Tax) which was established on January 1, 2018 is a sort of
indirect tax that is collected on the purchase and sale of goods and services. The
UAE government’s decision to impose VAT is part of a larger approach to
minimize the nation’s reliance on oil and petroleum products as a source of
funding, and the VAT rate is 5% on a range of products.

8. Zero rated supplies include:
 Medical Supplies and Equipment
 Trading in gold, silver, and platinum
 Natural Gases and Crude Oil
 Residential sold for the first time.
 Healthcare
 Exports, as well as international transportation
 Education

9. Exempt supplies include:
 The provision of certain financial services as defined under VAT legislation
 Residential real estate
 Vacant land
 Passenger service in the local area

10. III. EXCISE TAX
Excise tax is a type of indirect tax levied on things that are often damaging to people or the
environment. The following items must be categorized as excise commodities: –
 Tobacco-based items
 Carbonated drinks excluding unflavored aerated water
 Electronic smoking devices and equipment
 Drinks that have been sweetened.

11.  An energy drink is any beverage that is promoted or sold as such and includes
stimulator ingredients that provide mental and physical stimulation.
The following items are free from excise tax in the UAE:
 Standard 654 of the GCC Standardization Organization recognizes beverages
for particular dietary requirements.
 Standard 1366 of the GCC Standardization Organization recognize beverages
consumed for medicinal purposes.

12.  Beverages that are ready to drink (with at least 75 percent milk or milk substitutes)
 Baby formula or baby food
In the UAE, the excise tax percentages for qualifying items are:
 Tobacco items receive 100%
 100% on e-cigarettes and e-cigarette accessories
 For carbonated beverages, 50% is the tax

13.  50% off items containing added sugar or other sweeteners
 100% for energy drinks
IV. TOURIST TAX
Tourists must pay a tourist tax at eateries, hotels, hotel apartments, and resorts across the
country. In the UAE, various facilities may levy one or more of the following taxes:
 10% off the room rate

14.  Municipal fees are 10%
 The service charge is 10%
 The Tourism Dirham Fee was implemented in Dubai in 2014, and it is
levied by hotels, hotel flats, guest houses, and vacation homes in the
emirate. The Tourism Dirham Fee is payable per room per night and varies
from AED 7 to AED 20, depending on the hotel’s star rating.
 The city tax (varies from 6% to 10%)
 The tourism charge is 6%.

15. TAX CONSULTANCY SERVICES IN THE UNITED
ARAB EMIRATES AT A REASONABLE RATE!
Get one-stop guidance with expert tax consultancy services in the UAE, which are as
follows:
 VAT Consultation in UAE
We deliver efficient VAT consultation services to help the business organization with the
simple operation of a firm, based on our in-depth knowledge in interpreting and
implementing VAT.
 VAT Checkup in UAE
HLB HAMT – A tax consultant in Dubai uses a hands-on method for conducting a
thorough VAT Health check of company transactions and evaluations of ongoing practices
and methods from a VAT taxation perspective.

16.  VAT Registration in UAE
Businesses must follow tight VAT requirements while applying for VAT in
Dubai. According to VAT laws, if a company’s annual income reaches AED
375,000, it must register for VAT. If a company’s yearly revenue is between
AED 187,500 and AED 375,000, it is optional to register under UAE VAT law.
Furthermore, if the value is less than AED 187,500, the business is exempt
from this regulation’s registration requirements. HLB HAMT provides VAT
registration services in UAE

17.  Tax Advisors & Business formation
For all forms of tax-related concerns, businesses must designate a qualified tax
agent. In Dubai, HLB HAMT can provide you with an in-house tax adviser that
is both dependable and faithful.
 VAT Return Filing in UAE
VAT returns must be filed monthly or quarterly, depending on the size of the
business. Customers can rely on HLB HAMT to assist them with submitting VAT
returns in UAE on time and accurately, as well as walk them through the process
of resolving outstanding tax liabilities.

18.  VAT Implementation in UAE
For businesses, knowing the fundamentals of VAT is essential. Adherence to VAT
regulations is never a simple task. HLB HAMT specializes in VAT
implementation in UAE. We support the customer by providing businesses with
VAT-related advice and training.
 Advisory on VAT Transactions
VAT transaction advisory services are a type of service in which a VAT expert
evaluates specific business transactions to see if VAT is applicable. This lets them
look at how VAT impacts businesses and identify what changes they need to
make to their accounting systems and business operations.

19. IMPORTANCE OF TAX CONSULTANTS IN
UAE
 Assist you with tax returns and audited financial statements
 Detailed instructions on how to properly calculate tax payments
 Design strategies for avoiding fines and interest on your tax returns in the
future
 Assist you renew your company’s rights and permits as well as performing
audits
 Provides latest information on any updated tax policy matters
 Assists in the creation of tax-adjusted balance sheets and the handling of tax
concerns

20. WHY CHOOSE HLB HAMT FOR YOUR TAX
CONSULTANCY SERVICES IN DUBAI?
Our skilled professionals will assess both your personal and business tax
requirements. Then we’ll create a financial strategic plan that’s tailored to
your company’s needs. Our personnel have the skills and knowledge they
need to comprehend the taxation system. Furthermore, we provide services
for our customers using sophisticated tools, and methodologies.

21. FREQUENTLY ASKED QUESTIONS– TAX
CONSULTANT IN DUBAI
 What does it mean to conduct a tax audit in UAE?
The FTA conducts a tax audit in UAE to verify if the company is complying with
UAE VAT laws and regulations, as well as to ensure that any tax bills are paid
correctly.
 What role does HLB HAMT play as a tax consultant in tax matters?
HLB HAMT, as a leading tax consultant in UAE helps with VAT registration,
VAT advisory and assistance forfiling VAT returns in the UAE, performing tax
audits, submitting VAT voluntary disclosure Form 211, and VAT return filing.

22. CONTACT US
HLB HAMT
Level 18, City Tower-2,
Sheikh Zayed Road
PO Box 32665
Dubai – United Arab Emirates. Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com
www.hlbhamt.com