Zyla Accountants, an accredited FTA tax agent in Dubai, is committed to simplifying corporate tax compliance in this evolving financial environment.

A guide produced by the United Arab Emirates’ Federal Tax Authority provides a practical resource for taxpayers but also reveals the large volume of data required for businesses to accurately complete a corporate tax return.

Zyla Accountants has worked with Roar Fitness in Dubai since their launch over 2 years ago. Since then Zyla has provided a variety of services including monthly management accounts, bookkeeping, VAT return and assisting and Corporate Tax registration.

Corporate Tax is a tax companies pay on their profits, which are calculated as total revenue minus allowable expenses.

Startup entrepreneurs and small business owners around the world are brilliant at creating unique products, delivering unique services, and building effective teams. In spite of this, many will need expert support when it comes to learning the basics of bookkeeping. Profit is one of the most important factors for small business owners.

Residents with licences issued in May (regardless of the year of issuance) are urged to register for Corporate Tax by 31 July 2024. Based on the timeline specified in Federal Tax Authority Decision No. 3 of 2024 regarding registration of taxable persons for corporate tax purposes of Federal Decree-Law No. The Taxation of Corporations and Businesses Act of 2022 and its amendments took effect on 1 March 2024.