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The present universe of business has confidence in conveying business exercises on a worldwide stage. Cross-borders business exercises are giving opportunity to a great extent. By using the information Technology, it is very convenient to do business worldwide. This enhancement of business relations between countries and yet, it faces an issue when it gets caught in the webbing of taxation. Presently, now, the business elements face the issue of double taxation assessment during the import-export business. For ease the doing international business, UAE government has the treaty with most of countries to take advantage of avoid double taxation. UAE Government has started to issue Tax Domicile Certificate / Tax Residence Certificate as acts as proof of residence.
It is very crucial for business to understand the International Tax system if they are planning to set-up their business outside the home country. We have dedicated team for international taxation to helps client to understand the client tax implication on international level.
Flyingcolour® assists in all types of accounting, bookkeeping, value added tax (VAT) related advise and VAT return filing, issues related to Federal Tax Authority (FTA), Economic Substance Regulation (ESR) related matters, monthly account related reporting to management (MIS), payroll services, excise and custom related claims and high quality outsourced CFO services through our team of experienced chartered accountants. We have attractive customized monthly accounting packages.
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