Tax Services for ADGM Companies

Transfer pricing

Managing tax matters alongside your business operations can be complex. At Jumeira, we provide trusted tax services for ADGM companies, with a skilled team ready to address a variety of tax specialties and strategically integrate them into your business model.

Our experienced professionals assess both personal and corporate tax requirements to develop customized financial strategies aligned with your company’s goals. With a deep understanding of the UAE taxation system and the latest tools and methodologies, we deliver high-quality services tailored for ADGM companies.

Additionally, our tax experts help identify potential deductions and exemptions. Since ADGM is a free zone, qualifying income generated by companies there attracts zero tax. Therefore, expert guidance on these exemptions is essential to maximize your financial efficiencies.

Tax services of Jumeira

Corporate Tax Starting June 1, 2023, the UAE introduced corporate tax on business profits, with a 0% rate on taxable income up to AED 375,000 and a 9% rate on income exceeding this threshold. Whether you are a Free Zone entity or a mainland business, our tax services for ADGM Companies ensure your business remains compliant and competitive.
VAT Consultancy With VAT implemented at a standard rate of 5% in the UAE since 2018, efficient management of VAT obligations is crucial. Our VAT consultancy services provide comprehensive support for seamless compliance and optimization tailored to your needs.
Transfer Pricing Compliance For businesses involved in intercompany transactions, adherence to transfer pricing regulations is vital. Our specialists assist in creating compliant transfer pricing policies and documentation that meet international standards.
Excise Tax Management Excise tax applies to certain goods, such as tobacco, carbonated drinks, and energy beverages. Our experts guide you through excise tax compliance to minimize liabilities and avoid penalties.
Economic Substance Regulations (ESR) Compliance with Economic Substance Regulations is essential for UAE businesses engaged in specific activities. We offer end-to-end ESR support to ensure your operations align with legal standards.

Key Taxation Points for ADGM Companies

0% Corporate Income Tax: ADGM currently offers a 0% corporate income tax rate to companies operating in the free zone.
No Withholding Taxes: The UAE does not impose withholding taxes on outbound payments such as dividends, interest, and other financial transactions for ADGM companies.
Compliance with OECD BEPS Framework: ADGM companies are part of the UAE’s commitment to comply with the Organisation for Economic Cooperation and Development (OECD) Inclusive Framework on Base Erosion and Profit Shifting (BEPS), enhancing their credibility in international taxation.
Exemption from Future Federal Taxes: Only financial free zones established by Federal Decree, such as ADGM, have the potential to offer exemptions from any future federal taxation.
No Capital Gains Tax: The UAE, including ADGM, does not impose taxes on capital gains, dividends, interest, or royalties, making it attractive for businesses.
No Personal Income Tax: There is no personal income tax in the UAE, allowing individuals within ADGM to earn income without tax implications.

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Why Choose ADGM for Your Business Setup?

The Abu Dhabi Global Market (ADGM) provides an attractive business environment for companies aiming to establish a solid presence in the UAE. Here are some compelling reasons to consider setting up in ADGM:

Affordable Licensing Options: ADGM offers a range of licenses that cater to diverse sectors, featuring competitive pricing and incentives for startups, making it a financially appealing choice for new businesses.
Versatile Visa Solutions: Companies benefit from access to both 3-year and 5-year business visas, with the option for multiple visas for each allocated desk space, facilitating better workforce management and recruitment.
Dynamic Business Ecosystem: ADGM is part of Hub71, which creates a vibrant network connecting businesses to government bodies, corporates, investors, and industry experts, fostering collaboration and growth prospects.
Access to Funding: ADGM boasts a burgeoning community of venture capitalists, banks, and financial institutions, offering essential funding opportunities for companies seeking to expand and innovate.
Robust Legal Framework: ADGM operates under a strong legal framework, applying English common law to ensure a transparent business environment supported by a reliable judiciary and efficient online court systems.
Government Support for Innovation: Initiatives like Ghadan 21 illustrate the government’s commitment to economic development and innovation, providing substantial funding to support businesses and entrepreneurs.
Tax-Friendly Environment: Companies established in ADGM enjoy full ownership rights, no withholding taxes, and unrestricted profit repatriation, creating a highly favorable tax landscape.
Autonomous Legal Jurisdiction: ADGM features its own legal system with civil and commercial laws, enhancing the security of business operations and providing a reliable environment for investment.
Efficient Business Setup: The process for registration and licensing in ADGM is entirely digital, making it straightforward and convenient for businesses of any size.
Flexible Investment Structures: ADGM offers flexible options for asset holding and investment arrangements through special purpose vehicles, as well as long-term residency opportunities via UAE Golden Visas.

Why Partner with Jumeira for Tax Services for ADGM Companies?

Finding the right tax consultant is crucial for the success of your business. At Jumeira, we understand the unique needs of ADGM companies, and we’re here to help you navigate the complexities of taxation. Here’s why partnering with us is a great choice:

Commitment to Excellence
We focus on ensuring compliance while helping you achieve the best possible tax outcomes. Your success is our priority.

Customized Solutions
We know that every business is different. That’s why we create tailored tax strategies to meet your specific challenges and goals.

Comprehensive Support
Our team is ready to assist you with corporate tax, VAT, excise tax, transfer pricing, and Economic Substance Regulations (ESR), so you can rest easy knowing all aspects of your tax needs are covered.

Advanced Tools
We use the latest tools and methods to provide you with accurate and efficient tax services, helping you save time and avoid mistakes.

Expert Guidance
Our experienced professionals have in-depth knowledge of UAE tax laws, so you’ll always get reliable advice from people who understand the landscape.

The Benefits of Working with Us

Avoid Penalties: We ensure your tax calculations are accurate, helping you steer clear of any penalties.
Smart Tax Planning: We offer strategic advice that helps you optimize your tax situation.
Compliance Made Easy: We assist with renewing permits and ensuring you stay compliant with all regulations.
Stay Updated: We keep you informed of any changes in tax laws that may affect your business.
Timely Notifications: We notify you of important deadlines for taxation to ensure you are always on track.
Expert Guidance on Exemptions: Our experts help ADGM companies navigate tax exemption conditions, ensuring you maximize your benefits.
Audit Help: If you face an audit, we provide expert assistance to help you navigate the process smoothly.