Devotion Global CSP | United Arab Emirates

Financial Record Management

Accounting & Tax Services

Routine bookkeeping and corporate tax return preparation adhering to International Financial Reporting Standards (IFRS) and EmaraTax portal requirements.

Routine Bookkeeping: Monthly/quarterly ledger maintenance on Xero, Zoho Books, or QuickBooks.
FTA Tax Submissions: Corporate Tax Filing and quarterly Value Added Tax (VAT) returns via EmaraTax.
Financial Statements: Audited and unaudited statutory reports for license renewal and FTA compliance.

Outsource Accounting

Complete Tax Compliance

Prevent FTA statutory administrative penalties and keep your company in good standing with timely filings and clean general ledgers.

Regulatory & Compliance

Legal Considerations

Navigating legal mandates under the UAE Commercial Companies Law (Federal Decree-Law No. 32 of 2021), Economic Substance Regulations (ESR), and Ultimate Beneficial Owner (UBO) filings.

7-Year Record Retention: Ensuring accounting documents conform to UAE Federal Tax laws.
Corporate Governance: Board resolutions and manager approvals for major financial transactions.
Free Zone & Mainland Declarations: Submitting ESR notifications and UBO register documentation.

Review Legal Compliance

Statutory Protection

Ensure full legal adherence to FTA regulations and Ministry of Economy guidelines to safeguard board directors and managers from personal liability.

Independent Assurance

Tax Audit Services

Independent financial statement audits and representation during official FTA tax audits or compliance reviews.

Statutory Audit: Mandatory audits for Qualifying Free Zone Persons and entities exceeding AED 50M revenue.
FTA Audit Support: Expert representation and investigation resolution during tax queries.
Internal Controls Review: Identifying accounting risks, Transfer Pricing compliance, and operational vulnerabilities.

Schedule Audit Support

Audit Readiness Assessment

Thorough pre-audit reviews to ensure your balance sheet and income statements meet IFRS standards and FTA regulations without discrepancies.

Statutory Directorship & Management

Resident Manager & Director Services

Fulfill local substance requirements and managerial governance mandates for Mainland and Free Zone companies across the UAE.

Nominee Corporate Governance: Local directorship and managerial support to meet Economic Substance Regulations (ESR).
Non-Executive Control: Protect operational ownership while maintaining complete legal and economic substance.
Corporate Governance Agreements: Transparent, legally binding power-of-attorney and indemnity structures.

Appoint Resident Governance

Nominee Manager & Director

UAE Economic Substance & Compliance Service

Instant Compliance Support

Cross-Border Compliance

Withholding Tax Advisory

Manage UAE cross-border tax implications, foreign withholding claims, and Double Taxation Avoidance Agreements (DTAA) for international transactions.

UAE Article 45 Compliance: Guidance on current 0% domestic withholding provisions on outbound payments.
Tax Residency Certificates (TRC): Securing FTA TRCs to minimize foreign withholding taxes globally.
Transfer Pricing & Royalty Structuring: Ensuring OECD-compliant intercompany transactions.

Consult Cross-Border Tax

Withholding Tax Overview

UAE Domestic Withholding Rate: 0% (Article 45 framework)

Qualifying Free Zone Corporate Tax: 0% on Qualifying Income

Standard Corporate Tax Rate: 9% on income above AED 375,000

Regional Tax Comparison

GCC TAX Rates Matrix

Compare corporate tax rates, VAT/GST rates, and withholding tax policies across key GCC jurisdictions to optimize your regional business model.

Jurisdiction	Corporate Tax Rate	VAT Rate	Capital Gains Tax	Withholding Tax
UAE	9% (> AED 375k) / 0% Free Zone	5%	0% (None)	0%
Saudi Arabia (KSA)	20%	15%	0% / 20%	5% - 20%
Qatar	10%	0%	10%	5%
Oman	15%	5%	0%	10%
Bahrain	0% (15% for Large MNEs)	10%	0%	0%

Bookkeeping & Tax Advisory