Corporate Tax & Transfer Pricing

The UAE has introduced a Corporate Tax (CT) regime, marking a significant shift in the business environment. BCL Globiz, is here to guide you through every step of the process, ensuring full compliance and optimising your tax position. We provide comprehensive corporate tax advisory services to businesses of all sizes across the UAE, helping you understand your obligations and capitalise on available opportunities. 

At BCL Globiz, we provide comprehensive Transfer Pricing (TP) solutions to help businesses stay compliant while optimizing tax efficiency. Our expert services include benchmarking studies, related party transaction analysis, and TP documentation, covering Local File, Master File, Country-by-Country Reporting (CbCR), and TP Disclosure Forms.

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Truly Transparent Pricing! No Hidden Fees!

Corporate Tax Compliance

Small Business Corporate Tax Return
(For Small businesses with Revenue less than AED 3 million)

Growth Stage Business Corporate Tax Return
(For businesses with Revenue between AED 3 million to AED 10 million)

Large Stage Business Corporate Tax Return
(For businesses with Revenue more than AED 10 million)

AED 1,050

AED 2,625

AED 4,725

Note:
For businesses opting for Qualified Free Zone Persons (QFZP), contact us directly for the fees. There are additional compliance requirement if you avail QFZP benefit of 0% corporate Tax, you may read the detailed blog here.

Truly Transperant Pricing! No Hidden Fees!

Corporate Tax Compliance

Small Business Corporate Tax Return
(For Small businesses with Revenue less than AED 3 million)

AED 1,050

Growth Stage Business Corporate Tax Return
(For businesses with Revenue between AED 3 million to AED 10 million)

AED 2,625

Large Stage Business Corporate Tax Return
(For businesses with Revenue more than AED 10 million)

AED 4,725

Note:
For businesses opting for Qualified Free Zone Persons (QFZP), contact us directly for the fees. There are additional compliance requirement if you avail QFZP benefit of 0% corporate Tax, you may read the detailed blog here.

Truly Transparent Pricing! No Hidden Fees!

Transfer Pricing Compliance

Benchmarking Analysis Report (Per Activity)
Mandatory for transaction entered with Related Party & Connected Person

Salary Benchmarking for KMP
(Mandatory for Salaries paid to Connected Person or KMPs)

AED 13,125

AED 10,500

Bundled Pricing

Bechmarking Analysis Report (Per Activity)

Salary Bechmarking for KMP

AED 13,125

AED 10,500

Total
Discounted Price

AED 23,625
AED 15,750

Transfer Pricing Compliance

Benchmarking Analysis Report
(Per Activity)
Mandatory for transaction entered with Related Party & Connected Person

AED 13,125

Salary Benchmarking for KMP
(Mandatory for Salaries paid to Connected Person or KMPs)

AED 10,500

Bundled Pricing

Bechmarking Analysis Report (Per Activity)

AED 13,125

Salary Bechmarking for KMP

AED 10,500

Total - AED 23,625

Discounted Price - AED 15,750

The UAE Corporate Tax is a federal tax levied on the taxable income of companies and other juridical persons. Here’s a breakdown of key aspects: 

  • Tax Rate:
  1. 0%: Taxable income up to AED 375,000
  2. 9%: Taxable income exceeding AED 375,000
  3. A different tax rate might apply for large multinationals subject to Pillar Two of the OECD BEPS project. 
  • Taxable Income: This is generally the accounting net profit, adjusted for items specified in the Corporate Tax Law.
  • Tax Period:  The standard tax period is 12 months.
  • Filing and Payment:   Businesses are required to register for corporate tax, file tax returns, and pay the tax due within specified deadlines.
  • Effective Date:   The UAE Corporate Tax is effective for financial years starting on or after June 1, 2023.

Benchmarking of KMP Remuneration (Connected Person)

As individuals are generally exempt from Corporate Tax, remuneration paid to Key Management Personnel (KMP), especially owners or directors, must be assessed under the Arm’s Length Principle to confirm it reflects market conditions. Benchmarking is essential to ensure compliance and mitigate audit risks related to profit shifting.  As per UAE Corporate Tax Law (Article 36), Benchmarking of Payments (like Salaries, Bonus, ESOPs, etc,) made to Connected Person is Mandatory resulting in deductible expenditure while computing Corporate Tax.  Read more about our blog on Connected Person here

Benchmarking of Related Party Transactions (RPT)

Thorough benchmarking of intercompany transactions is essential to establish arm’s length pricing, the cornerstone of transfer pricing regulations. It supports tax compliance by demonstrating that related party transactions reflect market conditions and helps mitigate the risk of adjustments, penalties, and disputes.  Read more about our blog on Related Party here

We undertake the following benchmarking services using commercial databases such as TP catalyst, Eikon Workspace, UAE HR Reports, Royalty range, etc. 

  • Services : Intra-group services such as Information Technology Services, R&D Services, Management Services, Business Support, etc.
  • Intangible Property :  Transactions such as transfer of IP, Royalty, Trademarks, Patents, Copyrights, License Fees, etc .
  • Loans :   Intragroup loans and Interest benchmarking.
  • Capital Transactions :    Transactions of capital nature such as transfer of asset, issue of share capital, etc.
  • Others  :    Other transactions such as guarantee, reimbursements, restructuring, etc.

TP Disclosure Form (TPDF)

The TPDF includes information on the broad categories of transactions and arrangements undertaken by the Taxable Person with its Related Parties or Connected Persons. The TPDF is to be submitted alongside the Corporate Tax return within 9 months from the end of the relevant Tax Period. For disclosure purposes, thresholds are defined as below: 
  • Related Party Transactions (RPT) Schedule: Disclosure is required if the total value of transactions with related parties, as recorded in the financial statements or at market value, exceeds AED 40 million. Once this threshold is crossed, each individual transaction category exceeding AED 4 million must also be separately disclosed.
  • Connected Persons (CP) Schedule:This schedule must be completed if the total value of transactions with any connected person (including their related parties) exceeds AED 500,000. In such cases, any individual payment or benefit above AED 500,000 per connected person must also be disclosed. Read more about our blog on TP Disclosure form here 

Corporate Tax Advisory Services

The UAE has introduced a Corporate Tax (CT) regime, marking a significant shift in the business environment. BCL Globiz, is here to guide you through every step of the process, ensuring full compliance and optimising your tax position. We provide comprehensive corporate tax advisory services to businesses of all sizes across the UAE, helping you understand your obligations and capitalise on available opportunities. 

About our Corporate Tax Services:

We offer a complete suite of corporate tax advisory services, including:

Corporate Tax Registration

Assisting with registration for corporate tax with the Federal Tax Authority (FTA). 

Impact Assessment

Analysing the impact of the corporate tax law on your business and identifying potential tax planning opportunities.

Tax Planning & Optimisation

Developing tax-efficient strategies to minimise your tax liability while remaining fully compliant. 

Compliance Support

Preparing and filing corporate tax returns accurately and on time.

Transfer Pricing Advisory

Assisting with transfer pricing documentation and compliance, including benchmarking studies. 

FTA Audit Support

Representing you during FTA audits and resolving any tax-related issues.

 Transfer Pricing Services

At BCL, we offer end-to-end Transfer Pricing (TP) solutions to help businesses in the UAE stay compliant and optimize tax efficiency. Our services cover benchmarking studies, related party transaction analysis, Local File, Master File, Country-by-Country Reporting (CbCR), and TP Disclosure Forms. With a deep understanding of UAE tax laws and evolving regulations, we deliver accurate, tailored TP strategies that help businesses manage risks, meet disclosure obligations, and achieve tax optimization

Following to be posted as Service lines:

Benchmarking Services

Assisting with registration for corporate tax with the Federal Tax Authority (FTA). 

Related Party

Analysing the impact of the corporate tax law on your business and identifying potential tax planning opportunities.

Connected Person

Developing tax-efficient strategies to minimise your tax liability while remaining fully compliant. 

TP Disclosure Form

Preparing and filing corporate tax returns accurately and on time.

Local File

Analysing the impact of the corporate tax law on your business and identifying potential tax planning opportunities.

Master File

Developing tax-efficient strategies to minimise your tax liability while remaining fully compliant. 

CbCR

Preparing and filing corporate tax returns accurately and on time.

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