Certification Course Dubai (UAE) Tax Masterclass by CA (Dr.) Mohd Asim

Session Plan

Comprehensive overview of the UAE Corporate Tax regime, with a focus on Dubai
Introduction to the Federal Decree-Law No. 47 of 2022
Applicability of Corporate Tax to resident and non-resident persons
Reliefs available to small businesses and exemptions for qualifying income

Practical walkthrough for steps of Corporate Tax registration
Registration requirements, including natural persons earning over AED 1 million
Importance of obtaining a valid trade license, relevance of Emirates ID
Practical overview of the registration process on the FTA portal

Fundamentals of VAT in the UAE
Classification of supplies into standard-rated, zero-rated, and exempt categories
Concepts of input tax and output tax along with business implications
Understanding of VAT compliance, adjustments, and documentation

Realisation basis as an elective method for accounting for unrealised gains and losses
How a business can elect to use the realisation basis and its implications

Small business relief: conditions, duration, and compliance
Transitional relief and adjustment of opening balance sheet
Exempt income: domestic dividends, participation exemption

Transfers within a qualifying group
Definition of qualifying group and return filing adjustments

Tax neutrality in asset transfers and internal reorganisations
Application during mergers, demergers, or legal form conversions

Special regime for QFZPs
Conditions to be considered a QFZP
Tax treatment of qualifying and non-qualifying income

Rules limiting deduction of interest expenses
Carry forward of disallowed interest
Transfer pricing, arm's length principle
Identification of related parties and disclosure requirements
Exemption for Qualifying Investment Funds and taxation of investors

Requirements for forming a tax group (95% ownership, etc.)
Benefits of single tax return and intra-group transaction treatment

VAT return procedures and frequency
Input/output tax treatment, adjustments and corrections
Step-by-step overview of the VAT return form

Summary of key points
Interview guidance and resume formation
Certificate of Completion
Revision Manual and Interview Guidebook

MCQs Based Exam Online
Practical Exam based on Course Modules

Meet Your Instructor

CA (Dr.) Mohd Asim

CA Mohd Asim Prepared detailed corporate tax reports, ensuring accuracy and compliance with UAE Federal Tax regulations.Led the creation and submission of tax proposals for new and existing clients.Successfully managed the corporate tax registration process for multiple clients across various jurisdictions. Analyze clients' financial data and recommend tax-efficient solutions to minimize liabilities and maximize savings.Collaborate with clients to develop effective tax strategies aligned with their financial goals and objectives.Stay updated on relevant tax legislation, regulations, and rulings to provide accurate and current advice.Prepare and review tax returns, ensuring compliance with tax laws.Conduct thorough research and analysis of tax issues to identify potential risks and opportunities.Helping clients in resolving tax disputes, responding to tax authorities, and representing them at tax forums.Build and maintain strong relationships with clients, providing exceptional service and acting as their trusted tax advisor.Continuously developing expertise by attending professional development programs, seminars, and relevant training sessions.Stay up-to-date with industry trends, regulations, and emerging tax-related issues.