HO: Dubai + 971 50 679 7069 | Branch1: Sharjah HAFZA + 971 50 679 7069 | Branch2: Abu Dhabi + 971 50 679 7069
BAHRAIN + 973 3200 9191 INDIA + 91 9 786 422 786
OUR PRESENCE
Our Head Office is in Dubai with branches in Sharjah HAFZA and Abu Dhabi. We also have offices in Bahrain and India…
SECTORS WE OPERATE IN
We understand that businesses value their Advisors having deep embedded sector knowledge – we provide expert knowledge in all…
INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)
We help you with up-to-date guidance and timely advice with consistent interpretation…
Our Audit firm offers a complete range of Audit and Assurance services to meet the business needs of client…Read More
Tax Experts at ASP Auditing possess strong expertise in VAT impact analysis and VAT implementation capability…Read More
We help businesses maintain proper books of accounts and adhere to the legal requirements…Read More
ASP Auditing strengthens companies’ financial operations and treasury management with accurate financial reports…Read More
We offer customized support and guidance in the field of IT support for the purposes of upgrading their existing software as well as implementation…Read More
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…Read More
Performing M&A tax due diligence reviewing tax provisions in acquisition agreements providing tax planning solutions in both the pre and post-merger periods…Read More
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…Read More
Founder – Mr. Elavarasan (Prince)
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.
Applicability:
Non Applicability:
| 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%) |
With the implementation of VAT in the UAE from 1 January 2018, the supply of goods and services in the State will be subject to
Due Tax for a Tax Period Article (53) Calculation of Payable Tax The Payable Tax for any Tax Period shall be calculated as being equal
All UAE taxpayers should file VAT returns with the Federal Tax Authority (FTA) on a quarterly basis. Returns must be filed according to the procedures specified in the VAT legislation, within 28 days from the
VAT is implemented across UAE from 1st January 2018. In this article, we will discuss the UAE VAT Registration Process in detail. Thresholds for UAE
Pursuant to UAE laws and RAKEZ Companies Regulations, please be informed that all RAKEZ licensed companies will now be required to submit audited financial statements
APPLICATION GUIDELINE COMPLIANCE SERVICES – SUBMISSION OF AUDITED FINANCIAL STATEMENTS According to the implementing regulations, a DMCC Member Company has to upload the auditor’s signed
We are a firm of Chartered Accountants, Auditors, and Consultants based in Dubai, Bahrain, India, and Singapore, with over 33 years of international experience in the field of Audit and Assurance Services.
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