CORPORATE TAX

Effective 1 June 2023

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Who we are?

OBCO is an accounting, tax and advisory firm that operates in UAE, Saudi Arabia, Kuwait, Oman, Bahrain, India, Pakistan, and more.

OBCO’s strengths in Corporate Tax:

  • Our advanced technological systems are strategically designed to alleviate your corporate tax concerns.
  • As a boutique firm, we take ownership of your corporate tax issues and make them our responsibility to solve.
  • Our sophisticated systems are aimed at reducing your corporate tax burden to the maximum extent possible.
  • Our team possesses extensive expertise on various Corporate Tax matters including Double Taxation Avoidance Agreements, Transfer Pricing Agreements, and Withholding Tax (WHT).
  • With over 100 years of collective taxation experience, our team provides a seamless journey through the complex tax phase and beyond.
  • We have over 5 years of experience in corporate tax in other jurisdictions such as Saudi Arabia, Kuwait, etc.

Corporate Tax Preparation Milestones

Gearing up and getting complied

Now

We guarantee to increase monthly revenue

JUNE 2023

The law comes into force

contact
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CORPORATE
TAX
LAUNCH

The introduction of the federal Corporate Tax in the UAE is a significant shift for businesses. At Oblique Consult, we understand the complexities of such changes and are well-equipped to guide businesses through this transition. Having helped clients with Corporate Tax in Saudi Arabia and other jurisdictions since 2018, we have the experience and expertise to ensure your business remains compliant and optimized in this new tax landscape. Contact us today for a consultation.

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Getting Ready For Corporate Tax Launch.

In OBCO we know how to prepare your business for this, to get ready and learn more click the button below!

In January 2022, Ministry of Finance (MoF) announced that it will introduce federal Corporate tax (CT) in the United Arab Emirates. Corporate Tax will come into effect 1 Jun 2023 and depending on your financial year, may be applicable from 2023 or 1 Jan 2024. It is expected to be introduced at 9% across all emirates. Certain exceptions will apply; however; important to have transfer pricing agreements in place in case of related parties and have mechanisms to maintain tax adjustments to track deferred tax assets and liability.

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OBCO IN NUMBERS

Client Penalty Rate

0%

Client Retention Rate
Since Inception

100%

Tax Audits Cleared in UAE and KSA with Zero Penalties

150+

Hours of Accounting Saved

12k

Client Tax Audit Success Rate

100%

Corporate Tax Preparation Milestones

Gearing up and getting complied

Now

We guarantee to increase monthly revenue

JUNE 2023

The law comes into force

Company
Kocon - Webflow HTML website template
Kocon - Webflow HTML website template