Our team of highly experienced and qualified accountants will help you easily understand and comply with the UAE’s Value Added Tax policy. We will assess your invoices, quotations, contracts and purchase orders and help you determine if your business falls under any of these two categories: mandatory and voluntary registration.
- Mandatory registration: Your company’s value of taxable goods and services exceeded the mandatory registration threshold (AED 375,000.00) over the previous 12-month period, or your company’s anticipated total value of all taxable goods and services will exceed the mandatory registration threshold (AED 375,000.00) in the next 30 days.
- Voluntary registration: Your company’s value of taxable goods and services exceeded the voluntary registration threshold (AED 187,500.00) over the previous 12-month period, or your company’s anticipated total value of all taxable goods and services will exceed the voluntary registration threshold (AED 187,500.00) in the next 30 days.
At MasterMindz, we offer specialized taxation and international tax advisory services, particularly between Europe and the Middle East. Our services include:
- Application of International Tax Treaties:Assisting individuals and companies in applying tax treaties to avoid double taxation.
- Tax Optimization: Providing strategies to legally minimize tax liabilities both in the UAE and in high-tax jurisdictions for both corporations and individuals.
- Dividend and Capital Flow Advisory: Offering guidance on dividend repatriation and capital movement for tax efficiency.
- Exit Tax: Assisting with the management of exit taxes during international residency changes.
- Tax Residency: Ensuring the acquisition of tax residency in the UAE for individuals and legally valid renunciation of tax residency in their home country.
