Our Audit firm offers a complete range of Audit and Assurance services to meet the business needs of client…,

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Tax Experts at ASP Auditing possess strong expertise in VAT impact analysis and VAT implementation capability.

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The Significance of maintenance of proper books of accounts and adherance to the legal requirements of Book Keeping has increased…,

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All aspects of the company’s’ financial operations and treasury management is taken care of and accurate financial reports are provided for decision…,

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We offer customized support and guidance in the field of IT support for the purposes of upgrading their existing software as well as implementation..,

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UAE offers a wide range of options for business to establish and grow internationally as it offers limitless business opportunities to companies all over the world.

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Performing M&A tax due diligence reviewing tax provisions in acquisition agreements providing tax planning solutions in both the pre and post-merger periods.

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In this highly competitive global business scenario, striving to efficiency and reducing working capital are the main things to sustain. We at ASPA give the best solutions

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Effective From: 1st June 2023


Authority: The Finance Ministry in the UAE announced the introduction of Corporate Income Tax on 31 January 2022.

The UAE is a member of the OECD Inclusive Framework on Base Erosion and Profit Shifting (“BEPS”) and hence committed to meeting the International Standards for tax transparency and preventing harmful tax practices.


  • Applicable to all UAE businesses / Commercial activities
    Individuals would be subject to Corporate Tax only if they have ongoing and regular business in UAE.

Non Applicability:

  • Individuals having income from salary/employment income shall not be subject to Corporate Tax. Also, dividends, capital gains and other income from owning shares/securities earned by Individuals in their capacity would not be subject to Corporate Tax.
  • Passive income of foreign investors i.e. dividends, capital gains, interest, royalties and other investment returns may not come under the purview of Corporate Tax.

Corporate Tax Rates:

Income Rate of Tax
Taxable income up to AED 375,000 0%
Taxable income above AED 375,000 9% (on portion of taxable income exceeding AED 375,000)
For large Multinationals (having consolidated business revenues in excess of EUR 750 Million/ AED 3.1 Billion) A different Tax Rate. (As per the Guideline from OECD- Pillar 2 it will be minimum 15%)

Why ASP?

  • Reliability
  • Professional Ethics
  • Confidentiality
  • Total Assurance
  • Assignments led by an engagement partner or director