VAT & Corporate Tax

VAT (Value Added Tax) is an indirect tax imposed on the consumption of goods and services at each stage of the supply chain, from production to the final sale to the consumer. Businesses collect VAT on behalf of the government by charging it on sales and can usually reclaim the VAT they pay on purchases. Corporate Tax, on the other hand, is a direct tax levied on the profits earned by companies and other business entities. It is calculated after deducting allowable expenses, depreciation, and other deductions from total revenue. While VAT affects the pricing of goods and services and is ultimately borne by the end consumer, Corporate Tax directly impacts a company’s net income and profitability. Both taxes are crucial sources of government revenue and ensure fair contribution from both businesses and consumers to the economy.

Corporate Tax

At Faab Partners, we provide comprehensive Corporate Tax services designed to help businesses meet their tax obligations efficiently and strategically. Our team ensures full compliance with the latest tax regulations while identifying opportunities to optimize your company’s tax position. We assist with tax planning, calculation, filing, and advisory to minimize risks and enhance financial performance.

Tax Compliance:– Preparation and submission of corporate tax returns in accordance with regulatory requirements.
Tax Advisory: Strategic guidance to help businesses structure operations effectively and reduce tax liabilities.

Corporate Tax Exemptions

At Faab Partners, we assist businesses in understanding and applying for Corporate Tax exemptions where eligible. Corporate Tax exemptions allow certain entities or types of income to be excluded from taxation, helping companies retain more of their profits and reinvest in growth. Our experts provide guidance on qualifying criteria, documentation, and compliance to ensure businesses benefit from available exemptions while adhering to legal standards.

Eligibility Assessment: Evaluating whether your business or income type qualifies for tax exemptions under current regulations.
Application & Compliance Support: Assisting with exemption filings, required documentation, and ongoing compliance to maintain exemption status.

VAT Consulting

At Faab Partners, we offer professional VAT Consulting services to help businesses effectively manage their Value Added Tax obligations. Our team provides end-to-end support — from VAT registration and return filing to advisory on complex transactions and compliance reviews. We ensure that your business stays fully compliant with VAT laws while identifying opportunities for efficiency and cost savings.

VAT Registration & Compliance: Assistance with VAT registration, return preparation, and timely filing in accordance with regulatory requirements.
Advisory & Planning: Expert guidance on VAT implications, transaction structuring, and reclaim strategies to optimize your tax position.

Tax Consulting

At Faab Partners, we are proud to be an FTA Approved Tax Agent, authorized to provide professional support for all Federal Tax Authority (FTA) related matters. Our certified experts assist businesses with VAT, corporate tax, and other federal tax obligations, ensuring compliance with UAE tax laws while optimizing tax efficiency. By partnering with us, companies can navigate the complexities of tax regulations confidently and accurately.

Tax Strategy & Planning: Developing customized tax strategies to optimize your overall tax position and align with business objectives.
Compliance & Advisory: Providing ongoing guidance to ensure full compliance with current tax regulations while identifying opportunities for savings and improvement.

FTA Approved Tax Agent

At Faab Partners, we provide expert Tax Consulting services tailored to meet the unique needs of each business. Our goal is to help clients navigate complex tax regulations, ensure compliance, and identify opportunities for tax efficiency. With a thorough understanding of local and international tax laws, we deliver strategic solutions that support sustainable financial growth and minimize tax risks.

Tax Registration & Filing: Assisting with VAT and corporate tax registration, returns, and submissions in full compliance with FTA requirements.
Advisory & Compliance Support: Providing expert guidance on FTA regulations, audits, and maintaining proper documentation to minimize risks.