Frequently asked questions

CFTA Advisory LLC offers a comprehensive range of financial services including financial advisory, risk management, corporate tax consulting, accounting and bookkeeping, internal audits, and operational efficiency solutions. Our experts specialize in tax planning, financial forecasting, corporate governance, and strategic business consultancy.

Yes. CFTA Advisory LLC works with businesses of all sizes, from startups to large enterprises. Whether you're a small business seeking tax optimization or a large corporation needing comprehensive financial analysis and risk management, we provide customized solutions aligned with your goals.

Our specialists continuously monitor FTA guidance and UAE regulatory updates, then translate them into practical compliance workflows for your business, from registration and record-keeping to accurate, on-time filing, so you stay fully aligned with the law.

Simply reach out through our contact page or call our team to schedule a free initial consultation. We'll review your financial situation and discuss how our tailored advisory services can help you achieve your objectives.

Yes. Under the UAE Corporate Tax Law effective June 2023, all UAE-incorporated entities must register with the FTA. Late registration results in penalties starting from AED 10,000.

9% on taxable income exceeding AED 375,000. Income up to AED 375,000 is taxed at 0%. Qualifying Free Zone Persons may be eligible for a 0% rate on qualifying income subject to conditions.

Yes. We manage FTA registration, computation of taxable income, preparation and filing of tax returns, transfer pricing documentation, and ongoing compliance monitoring.

Transfer pricing refers to prices set for transactions between related parties. Under UAE Corporate Tax Law, businesses with related party transactions must maintain OECD-compliant documentation. We provide full transfer pricing policy services, benchmarking studies, and local and master file preparation.

A TRC is an official document confirming UAE tax residency, used to access the UAE's double tax avoidance agreements with 100+ countries. CFTA assists both individuals and companies with the full TRC application process.

FTA penalties range from AED 500 to AED 20,000 depending on the violation type. CFTA keeps clients ahead of all deadlines to avoid unnecessary penalties.

Businesses with taxable supplies exceeding AED 375,000 per year must register. Voluntary registration is available from AED 187,500. Free zone entities have specific rules depending on their zone designation.

Yes. We conduct VAT health checks to identify over-declared output tax and unclaimed input tax credits, then prepare and submit voluntary disclosure filings to the FTA on your behalf.

A formal FTA submission correcting errors in previously filed VAT returns. Filing proactively before an audit significantly reduces penalties. We manage the full process including preparation, submission and FTA communication.

The FTA reviews your VAT returns, accounting records, invoices and supporting documentation. CFTA prepares your records, manages FTA correspondence, and represents your position throughout the audit to protect your interests.