Tax & Vat

US Expat tax consultants in UAE

UAE is the largest financial hub in the Middle East. With its vast expatriate population UAE has been number one choice for expats to earn profitable income. The tax free structure has attracted individuals and businesses across the globe. But if you are an American citizen working in UAE you are subjected to US expat tax.

How can Alliott Management Consulting assist you?

  • US Individual tax return and filing
  • State Tax Return and Filing
  • FBAR filing (Report of Foreign Bank and Financial Accounts)
  • FATCA Reporting and Advisory
  • Tax Filings for American business owners abroad
  • Delinquent Taxpayer filing
  • Audit support in case of IRS audits
  • Retirement planning and IRA’s
  • Investment Planning
  • Tax consulting and advice

B. Tax Advisory

Being tax advisors in UAE

Financial and management consulting In many countries around the world, recent regulatory and market developments relating to financial reporting and corporate governance matters are significantly impacting the vast majority of publicly-traded companies, as well as many private businesses.

Moreover, new regulatory requirements and other market pressures are prompting the vast majority of publicly-traded companies to carefully reassess and update all facets of their corporate governance models, such as risk management policies and procedures, the roles and responsibilities of their executive group, board of directors and audit committees, and their relationship with all external stakeholders, including their interaction with external auditors.

How can Alliott Hadi Shahid assist you?

  • Providing high quality audits of tax provisions and related controls.
  • Prepare complex calculations and documentation relating to your tax accounts.
  • Assess, monitor, and enhance your tax controls.

C. Global tax compliance

The ever-changing tax laws and increasing regulation bring a number of challenges to companies. Our services are thorough, reliable, and cost-effective, allowing you to focus on your work and not have to worry about the increasing number of tax law changes. In addition to extensive knowledge of changing tax laws, our firm has a range of industry experts with insightful strategies.

Our team of experienced professionals provides personal attention and is proactive. Our senior practitioners review each return to ensure we have taken advantage of all opportunities on your behalf. While working to get you the best return, our approach is risk-based and tied to your unique situation.

D. Business Tax

Tax is a component of shareholder value and so is not just the concern of the tax department. A company’s combined direct and indirect tax burden can represent a huge sum, while there can be significant penalties in failing to get the compliance process right. Tax therefore plays a keyrole in protecting and enhancing shareholder value. It can make or break an acquisition, an investment or virtually any kind of corporate activity that involves spending or receiving money.

Our services

  • International corporate tax
  • Global indirect tax services
  • Global transfer pricing services
  • Global tax outsourcing
  • Global Mergers & acquisitions
  • International executive services

Why choose us?

The business tax advice and practical support we provide is characterized by multi-disciplinary working, in-depth technical knowledge and a keen sense of value. The services our professionals deliver help companies tackle their existing tax compliance and planning issues. They are also designed to anticipate future tax developments and opportunities which can be used to create additional value for companies and their shareholders.

E. Taxation in Pakistan

With more tax reforms, taxation has become more complex over the years even though governments have tried to shift policies to make a simple structure. This has made businesses to be more cautious and attentive to the challenges and revamp their existing strategies. Effective tax structuring and planning becomes necessary for proper risk management. At Alliott Hadi Shahid, our tax experts assist you in planning and tax structuring especially for individuals, businesses and large corporates in Pakistan. Our tax advisors have a vast experience dealing with tax related issues and their professional help has helped save valuable time and cost of our clients.

Our taxation services include

  • Corporate income taxation
  • Sales Tax
  • Personal Taxation
  • Excise tax
  • Property taxation
  • Professional taxation

Double Taxation avoidance

Pakistan has treaties with over 50 countries for double taxation avoidance. A multi-lateral treaty between the SAARC countries of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka provides additional provisions for cooperation between the countries in the administration of taxes such as exchange of information, assistance in the collection of unpaid taxes etc.

F. Residence Tax Certificate

Tax residency certificate in UAE

The tax residency certificate in UAE is issued by the ministry of Finance in to individuals and companies for double taxation avoidance on income.

Double tax Avoidance Agreement

UAE has got double tax avoidance agreements (DTAA) with over 110 countries with an aim of improving cross border trade and investments. The agreement protects tax payers from paying from double taxes both directly and indirectly so that the exchange of services and commodities across the border are not affected.

How to get tax residency certificate in UAE?

All individuals as well companies based onshore and free zone can obtain a tax residency certificate provided they meet the following requirements.

For individuals

  • Passport Copy
  • Valid Residence Copy
  • Certified Tenancy Contract / Title Deed
  • Certified bank statement for at least 6 months during the required year
  • Source of Income/Salary Certificate
  • Immigration Report of residency (Exit & Entry report)

For Business

  • Valid Trade License
  • Certified Articles of establishment, incorporation, founding, institutionalizing or Memorandum of association
  • Copy of identity card for the Company Owners or partners or directors
  • Copy of passport for the Company Owners or partners or directors
  • Copy of Residential Visa for the company owners or partners or directors
  • Certified audited report
  • Certified bank statement for at least 6 months during the required year
  • Certified tenancy contract/title deed