Tax Consultant in Dubai

Unicorn Global Solutions Tax is a top-rated licensed tax consultant in the UAE. We provide the best and top-notch tax consultant services in UAE as a licensed tax consultancy. We assist enterprises with guidance, implementation, and VAT compliance in accordance with FTA regulations. We are approved by the Federal Tax Authority (FTA) and nominated by enterprises and businesses to represent them before the FTA.

Tax Consultant in Dubai

In Dubai, a tax consultant is typically chosen to speak on behalf of another individual to the federal tax office. A tax consultant in Dubai handles the company’s tax responsibilities and ensures that all business operations adhere to the FTA’s laws and regulations.

Who in Particular is a Tax Consultant?

A tax consultant is a person who is registered with the FTA and is designated by tax registrants to represent them before the FTA and help them assess their tax liabilities and exercise their related tax rights. In any tax-related concerns, the tax consultant can act as the company’s legal representative before the FTA. Registered tax consultants may ensure that firms meet their tax requirements.

While the purpose of a tax consultant is to assist companies in meeting their tax responsibilities, a taxable person is not required to employ a tax consultant. The employment of a tax consultant does not alleviate the taxable person of their duties; the taxable person is ultimately legally responsible for the consultant’s transactions with the FTA on their behalf.

Tax Consultant Responsibilities

When a person chooses a tax consultant to operate in their name and on their behalf, the consultant must do the following:

• Assist Taxable Persons with their tax duties in accordance with the Taxable Person’s and Tax Consultant’s contractual agreement.
• Maintain the confidentiality of any information collected while carrying out obligations as a Tax Consultant.
• Refuse to engage in any effort or strategy that may result in any individual breaking the law or jeopardising the integrity of the tax system.
• Provide all information, papers, records, and data on the Taxable Person they represent as requested by the FTA.

Qualities and Qualifications of the Best Tax Consultants in the UAE

Before you hire a tax consultant, you should know the most important traits and skills they need to have. Article 10 of Cabinet Decision No. (36) of 2017 on the Executive Regulation of Federal Law No. (7) of 2017 says that a tax consultant must have the following traits and skills to be mentioned in the FTA Register:

• Tax consultants in the UAE must be reputable individuals with no criminal record.
• Must have a bachelor’s or master’s degree in tax, accounting, or law from an approved school. A bachelor’s degree plus a tax certification from a well-known tax institute is also acceptable.
• At least three years of work experience as a tax expert, lawyer, or accountant.
• Written and spoken Arabic and English skills. Must have passed any tests required to meet the FTA’s qualification standards.
• Medically fit to perform the duties of a tax consultant in the UAE.
• Must have or be covered by professional liability insurance.

Advantages of Hiring a Tax Consultant in the UAE

A tax consultant may handle all of a company’s tax matters, allowing the business owner and senior management to focus on other critical tasks. The following are the primary advantages of engaging a tax consultant in the UAE:

Here are some of the best reasons to hire a registered tax consultant and tax consultants in the UAE:

Needed Information on Tax Assessments and Appeals

A tax consultant’s main job is to file tax forms and calculate tax liabilities. However, such consultants can also assist your business in other ways. They can represent your business before the Federal Tax Authority and help determine tax obligations. A skilled tax consultant in Dubai can streamline the entire process for your business.

Helps You Save Time And Money

Hiring a consultant to manage your business’s tax matters saves significant time and effort. Tasks such as VAT registration, planning, compliance assessment, and more are efficiently handled. This is crucial due to evolving UAE tax and VAT regulations. Delegating these responsibilities to a consultant reduces cost and saves resources.

Support with Tax Filing And Registration In Dubai

Getting registered for VAT in Dubai can be challenging for both new and existing companies. Comprehensive knowledge of business operations and tax regulations is essential. A tax consultant can simplify VAT implementation and ensure your company remains compliant.

Assistance with Accurate and Timely Tax Returns

Timely and accurate filing of tax and VAT returns is crucial. Mistakes or delays can result in significant penalties. A tax consultant ensures all submissions are completed correctly and on time.

Long-Term Advisory Support

A tax consultant acts as a long-term advisor for your company. They keep you updated with policy changes, tax law amendments, and important regulatory information. Hiring a knowledgeable tax consultant adds substantial value to your business.

Leveraging Tax Consultant Services

It is highly recommended for businesses and individuals to engage a tax consultant. Companies may not always have the bandwidth to manage tax requirements internally. Therefore, hiring a consultant to oversee tax matters is a smart move.

Our highly experienced and skilled tax consultants have played a crucial role in the smooth implementation of VAT in the UAE by guiding the business community through regulations.

Unicorn Global Solutions Tax has competent tax consultants in the UAE who are well-versed in the nation’s tax laws. We provide the best and top-notch tax consultant services in UAE as one of the leading tax consultancies in Dubai. Our team of experienced tax advisers is ready to support your business.