CMBS Middle East TAX Consultancy

FTA UAE Approved Tax Agency

About Us

Your Trusted Partner for Tax Clarity and Compliance

Welcome to CMBS Middle East Tax Consultancy, based in the heart of Dubai, we proudly offer global solutions tailored to meet the diverse financial needs of businesses worldwide with a commitment to delivering clarity, compliance and excellence.

We are the Tax Agency that has been officially approved by the Federal Tax Authority of the United Arab Emirates. CMBS is authorized to provide tax-related services such as VAT, CT and Tax Group registrations, tax return filing and tax consultancy services.

Our team ensures your business thrives in today’s complex financial landscape.

About Denys Siiushov

Our Services

What we offer

Tax Consulting

Accounting

Business Setup & Visas

Legal Services

Bank Accounts Opening

Why choose CMBS TAX?

Official Approval and Legal Compliance

Comprehensive Legal and Tax Solutions

Customized and Client-Centric Services

Big-4 quality at a Reasonable Price

How it works

Experienced Tax Consultants in the UAE Ready to Assist!

Chat with our team

Meet our Tax Consultants

Receive a detailed proposal

Get the work started

Highlights

CMBS ME TAX Consultancy - FTA approved agency in the UAE

As an FTA-approved agency in the UAE, we offer expert services including all types of tax registration, preparation of tax returns, and full tax consultancy.

GOLDEN VISA

The UAE Golden Visa is a long-term residency visa program designed to attract investors, entrepreneurs, highly skilled professionals, and talented individuals to live and work in the UAE.

UAE TAX REGULATIONS

Recent updates to the UAE tax regulations reveal significant changes, particularly in VAT treatment and its impact on financial services and virtual assets.

SHAREHOLDER'S AGREEMENTS

In the UAE, shareholder's agreements are essential tools that govern the relationship between shareholders, especially in private companies.

About New Corporate TAX 15% of large multinational corporations

The Corporate Tax Law in the UAE came into effect on June 1, 2023, with the 9% standard tax rate applying to taxable income exceeding AED 375,000. The 15% corporate tax rate for large multinational corporations, aligned with the OECD's Pillar Two framework, came into effect on January 1, 2025.

SMALL BUSINESS RELIEF (AED 3M TURNOVER)

The United Arab Emirates (UAE) has introduced a Small Business Relief initiative under its Corporate Tax Law (Federal Decree-Law No. 47 of 2022) to support small enterprises. This relief allows eligible businesses with annual revenues not exceeding AED 3 million to be treated as having no taxable income, effectively exempting them from corporate tax for the applicable periods.

HOW CORPORATE TAX IS CALCULATED IN THE UAE WITHIN GENERAL TAX RULES

The UAE introduced a federal corporate tax regime starting June 1, 2023, aligning with international standards while maintaining its appeal as a business hub. Here’s a brief overview of corporate tax calculation in the UAE.

QUALIFYING FREE ZONE PERSONS

A Qualifying Free Zone Person (QFZP) is a special designation under the UAE Corporate Tax Law that allows businesses operating in UAE Free Zones to benefit from a 0% corporate tax rate on certain qualifying income, provided they meet specific conditions.

IMPORTANT NOTICE FOR BUSINESS OWNERS & PROFESSIONALS

In accordance with the UAE tax laws natural persons (both resident and non-resident) deriving income from business activities in the UAE may be subject to corporate tax in the UAE. Thus, if you operate a sole establishment, an unincorporated partnership, or are a natural person (resident or non-resident) with total business-related revenue of AED 1 million or more in 2024, you must complete your corporate tax registration by March 31, 2025.

DESIGNATED FREE ZONES FOR OFFSHORE TRADING COMPANIES IN THE UAE

The UAE has become a global business hub, attracting international traders with its free zones, especially those for offshore trading companies. In these zones several tax exemptions are granted, full foreign ownership, and simplified regulations, making them attractive for entrepreneurs.

UAE ISSUES DOMESTIC MINIMUM TOP-UP TAX LEGISLATION

On 11 February 2025, the Ministry of Finance (MoF) of the United Arab Emirates (UAE) announced Cabinet Decision No. 142 of 2024, introducing the Domestic Minimum Top-Up Tax (DMTT) for multinational enterprises (MNEs) operating in the UAE. The DMTT aims to ensure MNEs are taxed at a minimum effective tax rate (ETR) of 15%, aligning with the Organisation for Economic Co-operation and Development (OECD) Pillar Two Model Rules. This decision comes in response to the UAE’s efforts to comply with the OECD/G20’s Base Erosion and Profit Shifting (BEPS) 2.0 framework, specifically the Global Anti-Base Erosion (GLoBE) Rules.

NATURAL PERSONS TAXATION IN THE UAE: REAL ESTATE & INVESTMENT INCOME

The United Arab Emirates (UAE) has a favorable tax environment for natural persons, including real estate and investment income taxation. Below is a UAE-specific breakdown of how taxation applies to real estate and personal investment income of natural persons when not conducted as a business.

EXCITING ANNOUNCEMENT: New Video Release from CMBS Partners! 🎥

At CMBS Partners, we are a team of passionate legal experts specializing in UAE & cross-border matters, providing businesses with the comprehensive solutions they need for success. Contact us today: info@cmbs-partners.com

SOFTWARE COMPANIES & CORPORATE TAX OPTIMIZATION IN UAE FREE ZONES

Software companies operating in free zones can reduce or avoid corporate tax by structuring their business to take advantage of IP ownership and exploitation models. The UAE’s Corporate Tax Law (9% tax from June 2023) still allows 0% tax for Qualifying Free Zone Persons (QFZP) under specific conditions.