Withholding Tax Advisory
The UAE’s Corporate Tax regime continues to evolve through Ministerial, Cabinet, and FTA Decisions, Guidelines and Public Clarifications. Staying ahead of these developments requires not just compliance but a strategic understanding of how each provision impacts your operations, transactions, and long-term business goals.
Young Global helps organizations plan, structure, and make informed decisions that align with their commercial and tax efficiency objectives in the UAE and foreign entities with taxable presence in the UAE.
Our advisory approach combines deep technical tax expertise with practical business insights, helping management teams to make confident decisions about financing, restructuring, and profit attribution and repatriation matters from a taxation perspective.
How we can help you with
We at Young Global ensure that your CT return is filed correctly, efficiently, and on time, reducing tax risks and warranting full regulatory compliance.
FAQs to Guide Your Business Decisions
Concise insights on our core services
It covers tax planning, structuring, reviewing transactions, identifying eligible reliefs, and advising on compliance with FTA and international tax standards.
As the UAE Corporate Tax legislation is still evolving, expert advice ensures your business leverages available reliefs and avoids non-compliance risks.
The financial statements of the entity for the reporting period are usually the bare minimum that must be attached to the CT return. In certain scenarios, the taxpayers would require additional information, such as adjustments for tax purposes (e.g., non-deductible expenses), assessments on relief applications, transfer pricing disclosure forms (if applicable), and other supporting documentation.
Administrative fine of AED 500 per month applies for the late submission of the CT return (for the first 12 months). Incorrect filing of the CT return could lead to an administrative penalty of AED 500, unless the taxpayer submits a revised CT return before the CT return submission deadline. In addition to the above, a fixed penalty of 15% on the tax difference resulting from the incorrect submission will be applied. Also, a monthly penalty of 1% of the tax difference for each month until the submission of the voluntary disclosure or the issuance of a tax assessment.
CT law obliges the following categories to submit audited financial statements: Revenues of the taxpayer exceed the AED 50 million threshold in the respective tax period | Taxpayer is a Qualifying Free Zone Person | Taxpayer is a part of a Tax Group
