Provat Corporates is a top provider of business formation and financial services in the UAE. Our skilled staff provides a variety of services, including Business establishment, Compliance, Accounting, Taxation, and more.
Dubai, UAE
Provat Corporates' Tax Group Services can help you optimise your tax structure and increase financial efficiency. We help firms form tax groups under UAE tax regulations, providing a streamlined and effective way to manage their collective tax payments.
A Tax Group enables many organisations within the same corporate group to file a combined tax return, which simplifies the procedure and may reduce overall tax obligations. Under the UAE's corporate tax framework, organisations that meet certain criteria can apply to form a tax group in which the members are treated as a single taxable entity for tax purposes.
Organising a tax group can help businesses maximise tax savings, cut administrative expenses, and streamline compliance. It's a good choice for holding corporations and subsidiaries looking to simplify tax reporting while potentially lowering rates.
At Provat Corporates, we provide comprehensive services for creating and managing tax groups in accordance with UAE tax legislation. Our skilled staff ensures that all relevant legal and procedural requirements are met, and we assist you in determining whether forming a tax group is the best option for your business structure.