a) Impact Assessment: High-level assessment of the applicability of the CT regime on in scope and exempt entities

b) Detailed Assessment: Conduct a detailed impact assessment of the business based on final
CT and TP regulations, review the pricing of inter-company transactions and policies and
highlight potential uncertain tax and TP positions.

c) Services in relation to Corporate Tax Implementation

   i.) Assistance in implementing Tax and TP policies and advising on structural changes to
incorporate tax function.
   ii.) Evaluate and advise on system readiness
   iii.) Assistance in obtaining CT registration (individual or group)

d) UAE Corporate Tax Compliance
   i.) Assistance in preparation of CT return
   ii.) Assistance in the filing of CT return electronically
   iii.) Assisting in the preparation of the TP local file
   iv.) Evaluate arm’s length pricing of inter-company transactions

e) Technical And Functional Training
Dissemination of salient aspects of CT among all stakeholders is a crucial part as it must be
followed and implemented correctly by all the stakeholders. We intend to provide training
sessions providing information and training on CT aspects in relation to all key constituents
of a business.

f) Corporate Tax Advisory
We can assist companies by managing the queries raised, during and post CT implementation
and assist in the following:
   i.) Update on the evolving tax landscape in the UAE with respect to the UAE CT
   ii.) Advise on the development of efficient tax strategies and policies
   iii.) High-level advice on the arm’s length nature of the new inter-company transactions in line
with the OECD Guidelines and UAE CT/TP law

Compliances:

Companies are required to Submit the audited financials and Summary sheet, to the Freezone Governing Authorities within 6 months of the end of the financial year.