UAE Corporate Tax
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UAE Corporate Tax Training Program​

Learn about UAE Corporate Tax Laws

Lynchpin is excited to launch its intensive UAE Corporate Training program. This comprehensive Corporate Tax Training program will be conducted in Dubai, Sharjah, and Abu Dhabi, and is also available as an online UAE Corporate Tax Training Program. With Corporate Training Dubai, you will gain in-depth knowledge of all key areas of the upcoming Tax Laws in the UAE. Join Corporate Training Dubai to enhance your corporate tax expertise and excel in your career.

Upon the successful completion of this UAE Corporate Tax in Dubai
Training course the participants should be able to:
  • Understand the concept of UAE Corporate Tax and its impact on their company with the help of Corporate Training Dubai.
  • Learn how UAE Corporate Tax can affect the operational and financial performance of your business through Corporate Training Dubai.
  • Identify which types of businesses are exempt from UAE Corporate Tax with the guidance of Corporate Training Dubai.
  • Differentiate between tax profit and accounting profit for Corporate Tax calculations, a skill you can develop through Corporate Training Dubai.
  • Calculate the scope of Corporate Tax in the UAE with the help of Corporate Training Dubai.
  • Understand the process for submitting a Corporate Tax Return through Corporate Training Dubai.
  • Reconcile accounting profit with tax profit and apply the 9% Corporate Tax rate through Corporate Training Dubai.
  • Avoid potential errors in Corporate Tax calculations by attending Corporate Training Dubai.

What You Will Get

  • A comprehensive UAE Corporate Tax Training program with practical examples.
  • Seminar Pack containing the information presented on the day.
  • Certificate of Participation.

Get in Touch

Upcoming Training Date

Thursday 14 November 2024

Training Fee

AED 1490/-

Training Venue

Metropolitan Hotel Dubai.

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Course Outline

UAE Corporate Tax Training Program
Definition and overview of corporate tax
  • Learn about the UAE tax system: an overview with the help of Corporate Training Dubai.
  • Understand the types of taxes in the UAE, including income tax, VAT, customs duties, and others.
  • Explore the role of the Federal Tax Authority (FTA) in enforcing tax laws and regulations, a topic covered in Corporate Training Dubai.
Tax planning and optimization
  • Discover the benefits of tax treaties, specifically the UAE’s double tax treaties, and how they can reduce your tax burden through Corporate Training Dubai.
  • Understand the implications of transfer pricing and how to determine the transfer prices of your transactions to avoid tax disputes with the help of Corporate Training Dubai.
  • Learn the best practices for tax planning and optimization, including how to plan your tax strategy effectively and minimize your tax liability, through Corporate Training Dubai.
Case studies and group exercises
  • Work through real-life scenarios to apply the concepts learned in the training.
  • Discuss and share best practices with the group.
  • Practice calculating and reporting corporate tax using sample data
  • Conclusion and next steps.
Following Corporate Tax Law Sections Will be Extensively Covered in This UAE Corporate Tax Training
Definitions
Discuss the key terms and definitions related to UAE corporate tax law, such as “corporate tax,” “taxable person,” “taxable income,” and “exempt income.”
Imposition & Rate
Gain a comprehensive understanding of the general principles of corporate tax in the UAE, including the entities that are subject to tax and the applicable tax rates with Corporate Training Dubai.
Exempt Persons
Discuss the types of persons and entities that are exempt from corporate tax in the UAE, such as government entities and certain non-profit organizations.
Taxable Person and Corporate Tax Base
Get an in-depth explanation of the requirements for being considered a taxable person under UAE corporate tax law and the general principles for determining a company’s tax base through Corporate Training Dubai.
Free Zone Person
Discuss the special rules for companies operating in free zones in the UAE, including the tax exemptions and incentives that may apply.
Calculating Taxable Income
Explain the process for calculating a company’s taxable income under UAE corporate tax law, including the rules for determining the taxable amount of various types of income. VII. Exempt Income.
Discuss the types of income that are exempt from corporate tax in the UAE, such as dividends and capital gains.
Reliefs
Explain the various reliefs and exemptions available to companies under UAE corporate tax law, such as tax holidays and investment incentives.
Deductions
Discuss the types of expenses that can be deducted from a company’s taxable income in order to reduce its tax liability under UAE corporate tax law.
Related Parties & Connected Persons
Explain the rules for dealing with transactions between related parties and connected persons in the context of UAE corporate tax law.
Tax Loss Provisions
Discuss the rules for carrying forward and offsetting tax losses under UAE corporate tax law, including any limitations and restrictions that may apply.
Tax Group Provisions
Explain the rules for forming and operating tax groups in the UAE, including the requirements and benefits of tax consolidation for group companies.
Calculation of Corporate Tax
Determining the tax base
Applying tax rates and exemptions
Examples of corporate tax calculation
Payment and Refund
Filing deadlines for corporate tax returns Methods of payment for corporate tax Conditions and procedures for claiming a tax refund.
Anti-Abuse Rules
Overview of the anti-avoidance provisions in UAE corporate tax law Examples of transactions that may be subject to the anti-abuse rules Penalties for violating the anti-abuse rules.
Registration and De-registration
Requirements for registering for corporate tax in the UAE Process for de-registering from the corporate tax system Consequences of failing to register or de-register for corporate tax.
Tax Returns and Clarifications
Requirements for filing corporate tax returns Information to be included in a corporate tax return Procedures for seeking clarifications on corporate tax matters.
Violations and Penalties
Overview of the penalties for violating UAE corporate tax law Examples of common violations and the corresponding penalties Appeal process for challenging a penalty for corporate tax violations.
Transitional Rules
Overview of the transitional provisions in UAE corporate tax law Examples of situations where the transitional rules may apply Compliance requirements for taxpayers affected by the transitional rules.
Closing Provisions
Summary of the key points covered in the training Q&A session on any remaining questions or concerns regarding UAE corporate tax law.
Recap of the key points covered in the training
  • Resources for further learning and support, such as guidance from the FTA and professional tax advisors.
  • Q&A session to address any remaining questions or concerns.
  • What is Corporate Tax?
  • When will the UAE CT regime become effective?
  • What will be the role of the Federal Tax Authority?
  • Who will be subject to UAE CT?
  • How do you determine the business profit / income that will be subject to UAE CT?
  • What will the UAE CT rates be?
  • Will an individual’s salary income be subject to UAE CT?
  • Will an individual who invests in UAE real estate be subject to UAE CT?
  • Will the income earned by a freelance professional be subject to UAE CT?
  • Will income earned by an individual from bank deposits be subject to UAE CT?
  • Will anyone be exempt from UAE CT?
  • Will any income be exempt from UAE CT?
  • Will intra-group transactions be exempt from UAE CT?
  • Will a foreign company or individual be subject to UAE CT?
  • Will income earned by a foreign investor be subject to UAE CT?
  • Will a free zone business be subject to UAE CT?
  • Will a free zone business be required to register and file a CT return?
  • Will the UAE CT treatment be different for a free zone business established in a financial free zone?
  • Will the oil and gas sector and other extractive industries be subject to the UAE CT regime?
  • Will the banking sector be subject to the UAE CT regime?
  • Will the real estate sector be subject to the UAE CT regime?
  • Will the UAE CT regime allow prior year losses to reduce future taxable income?
  • Will excess CT losses be allowed to be carried forward and used in future years?
  • Will a group be able to utilise the tax losses of one group company against the taxable income of another group company?
  • Will a group of UAE companies be able to form a “fiscal unity” for UAE CT purposes?
  • What is withholding tax?
  • What is the withholding tax rate under the UAE CT regime?
  • Will foreign CT paid on UAE taxable income be recognised under the UAE CT regime?
  • What are transfer pricing rules?
  • Will transfer pricing rules be applicable to UAE businesses?
  • Will businesses be required to register for UAE CT purposes?
  • How often will UAE businesses need to file a UAE CT return?
  • Will the CT return need to be filed electronically?
  • Will businesses be required to pay tax in advance?
  • Consequences for non-compliance under the CT regime?
  •  

Trainer's Profile

Mr. Mirza Farrukh Baig,
FCA
Harvard Trained | CEO Lynchpin Group | UAE Tax Laws Specialist

Mirza Farrukh Baig is an Accounting and Tax expert providing advisory services in UAE since 2004. He has delivered hundreds of training programs across UAE. His price focus areas of training are UAE Tax Laws, Finance, Accounting, IFRS and related areas. With him on the training venue, we guarantee the best style of delivery, team engagement, the energy level of the class and the WOW experience by your team is assured.

Mirza Farrukh Baig is a Fellow Chartered Accountant and a career banker. He has served for eight years in a leading commercial bank in UAE where he was instrumental in strengthening the SME credit risk unit. Apart from approval of banking facilities for SME clients. He played an instrumental role in developing and implementing the SME credit risk policy of the bank.

Currently, he is the CEO of Lynchpin Training & Consulting and Chief Consultant for Tax Advisory, Consulting & Implementation. Farrukh carries extensive experience in dealing indirect taxes both for the UAE and South Asia. Provided Tax Consultancy services with due care, experience, resources, and exposure to tax regimes.

Farrukh is a Fellow Member of the Institute of Chartered Accountant of Pakistan (ICAP). He has been awarded a gold medal for outstanding performance in his CA final examination, by ICAP. He also went to Harvard Business School to Executive Entrepreneurship training program.

Client's Review

Required training from the company. It's useful especially in the Finance as most of us are using formulas anddoing reports. It's was nice to learn a lot of new things in excel.
Ma Angelica PetereMajid Al Futtaim Accor Hotels Hospitality Services
I take this opportunity to thanks Mr. Farrukh Baig who gave us great training which is quite helpful for our daily work practice.
Muhammad UmairMajid Al Futtaim Hospitality Services
The training was very useful to us who's working in finance especially that we are dealings with numbers that needed excel reports.
Ana Rose P. DumocmatMajid Al Futtaim Hospitality
Very interesting training and program! Also the trainer was very helpful and taught us interesting tricks and formulas!
Diane RoukozObegi Home
The training was excellent and the trainor as well especially in explaining all the information.
ANA MARIE JAMONERMAJID AL FUTTAIM HOSPITALITY SERVICES LLC
I would appreciate if they could have had more clarity on few line items.
Abdul RahimHWH Investments LLC
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