Corporate Tax Accountant UAE
The role of a corporate tax accountant in UAE is to help companies in the UAE stay compliant with the country's tax laws. The term "corporate tax accountant" can refer to two different types of professionals: an accountant and a tax advisor. Accountants are responsible for maintaining all records and financial information, ensuring that taxes are paid on time, and preparing company financial statements. Tax advisors on the other hand will provide advice on how to structure a business for taxation purposes, how much money should be saved in order to pay taxes, and what kind of accounting system should be used by the company. A corporate tax accountant in UAE will typically work with both accountants and tax advisors depending on what is needed by the company. Some accountants may have training in taxation law but others will not, so it is important to identify what type of professional a company needs before hiring. A corporate tax accountant must have knowledge in finance, accounting, business law and business tax advisory. The knowledge of taxation law is necessary for a corporate tax accountant to be able to structure a company and ensure that the proper taxes are paid by the company without any penalties being imposed. Before we dive in further about corporate tax accountants in UAE, we first need to understand the difference between an accountant and tax advisor.
Difference Between An Accountant And A Tax AdvisorAccountants are people who are qualified to handle the day-to-day financial operations of a company. They may be involved in preparing financial statements, managing cash flow and budgets, and providing tax advice. Tax advisors have the qualification to provide advice on how to minimize the amount of tax that an individual or company will have to pay. They can also provide advice on how to reduce the risk of being audited by the IRS. The main difference between an accountant and a tax advisor is that accountants are typically not qualified in providing any type of tax advice whereas a tax advisor is qualified in doing so.
Responsibilities Of Corporate Tax Accountant In UAEA corporate tax accountant is a professional who is responsible for preparing and filing company’s tax returns. The responsibilities of a corporate tax accountant in UAE include:
- Maintain the financial records
- Prepare and file the company’s tax returns
- Provide advice on tax matters.
Why Is Alwahda Your Next Door Friendly Corporate Tax Accountant?Alwahda – Tax Consultancy | We are one of the best Corporate Tax Accountants in Sharjah UAE. Accountant, Business Tax Advisors, and Tax Consultants. Alwahda is a leading corporate tax accountant in the UAE. Alwahda is a team of highly skilled and qualified professionals with over 5+ years of experience in the accounting industry.
Specialties Of Our Corporate Tax Accountants
- Providing services such as accounting, tax advisory, business tax advisory, company tax return and accounting & tax services to individuals and businesses.
- We have a team of highly skilled professionals who are committed to delivering excellent service to all our clients.
- They are the best corporate tax accountant in UAE because of their expertise, high level of service, and low prices. Alwahda has been providing professional accounting and tax services for over 5 years.