ATF GLOBAL

Zakat & Corporate Tax

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For inquiries or information requests that require a detailed response, we shall attempt to get back to you within 48 hours at the latest.

Concerned about how Corporate Tax and Zakat might impact your business? Fret not! Reach out to us for a swift consultation with our Zakat and Corporate Tax expert.

What is ZAKAT

Zakat is a mandatory almsgiving for eligible entities in KSA.

It’s calculated at 2.5% of a company’s eligible net assets.

Eligibility is determined by factors like ownership structure, capital, and profitability.

 Corporate Tax

KSA introduced Corporate Income Tax in 2017, initially at 50% and later reduced to 20% in 2020.

Taxable income includes both locally and internationally sourced income.

SMEs with less than 5 million SAR annual revenue enjoy a reduced rate of 0-20%

Calculation and Filing:

Zakat is calculated annually based on financial statements audited by an approved Zakat auditor.

Corporate Tax returns are filed annually with the General Authority for Zakat and Tax (GAZT).

Our Core Services

  • Business Setup: Structuring your business for success with the right legal framework and strategic advice.

  • Legal Services: Ensuring compliance with all regulatory requirements and providing expert guidance on corporate and commercial law matters.

  • Accounting & Auditing: Comprehensive financial management solutions, including VAT compliance, financial reporting, and audit services.

  • ICV Certification: Facilitating the procurement of In-Country Value certifications necessary for conducting business with major oil and gas companies in the UAE.

  • Liquidation Services: Expert assistance in the orderly dissolution of businesses, adhering to legal requirements and maximizing asset value.

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Discover the Advantages of UAE Free Zone Company Formation with ATF Global

When considering UAE free zone company formation, one factor stands out—free zones offer unparalleled advantages. These designated business zones feature 0% corporate and personal income taxes, making them a compelling choice for individuals and institutions alike. The decision to choose a free zone hinges on several factors: business type, office space requirements, location preferences, and cost considerations.

Setting up a Dubai free zone company is faster and more straightforward compared to offshore and mainland setups, provided you have expert guidance. ATF Global provides the knowledge and support necessary to navigate this process seamlessly.

ATF Global's Approach to Mainland Company Setup in Dubai

ATF Global simplifies the process of Dubai mainland company formation, guiding you through every step with precision and expertise. Whether you are establishing a new venture or expanding your existing operations, ATF Global provides tailored solutions to realize your business goals.

Join numerous successful enterprises that trust ATF Global for their Dubai mainland company setups. Contact us today to begin your business journey in Dubai’s thriving mainland economy.

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Why Choose Offshore Company Formation in Dubai, UAE?

Offshore company formation in Dubai offers a host of strategic advantages for international investors and businesses looking to optimize their global operations:

Tax Efficiency: Benefit from a tax-neutral environment that minimizes or eliminates taxes on property sales, capital gains, VAT, and corporate earnings.

Confidentiality and Asset Protection: Ensure confidentiality over ownership and financial affairs while enjoying robust asset protection mechanisms.

Global Accessibility: Access international markets seamlessly with a well-regulated banking system, advanced infrastructure, and strategic geographic location.

Regulatory Flexibility: Enjoy a business-friendly legal framework and flexible regulatory environment conducive to diverse business activities.

Unique Features of ATF Global's Services

  • Tailored Solutions: We offer customized guidance whether you opt for the flexibility of a free zone, the strategic advantages of mainland setup, or the confidentiality of an offshore entity.

  • Professional Licensing: Secure licenses tailored to professional services, commercial activities, or industrial operations within UAE free zones, ensuring streamlined processes and expanded capabilities.

  • Strategic Locations: Explore prime business locations like Sheikh Zayed Road, renowned for their visibility and connectivity, essential for business growth and success.

Your Gateway to Success with ATF Global

Discover the potential of Dubai’s free zones, mainland, and offshore regions with ATF Global’s expert guidance. Whether you’re launching a startup or expanding your operations, ATF Global provides comprehensive support throughout every phase of your business setup journey.

Contact ATF Global today to embark on your path to establishing a thriving business presence in Dubai and the UAE.

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