Duties and Responsibilities of a Tax Consultant in Dubai

The role of a tax consultant in Dubai is to give advice, to prepare, and to assist individuals or companies in tax filing or returns. We are also known as tax preparers. We also have to suggest steps which would help companies save more money. Moreover, as tax consultant in Dubai, we are experts on matters related to tax. Our Tax consultants, or tax advisors, are financial experts that are familiar with all the tax laws. Because companies and individuals pay high taxes to the government, they need a tax consultant to minimize their tax exposure by using effective tax management strategies.

All tax consultants in Dubai are expected to fulfill certain responsibilities. One, it is to keep client’s tax to the minimum, keep track of the latest schemes provided by different companies, banks, and organizations, and provide suggestions which are conferring to the financial ability of the clients. It is a great responsibility to give suggestions and to provide the necessary information to ensure that clients are following all the legalities.

Additionally, there are also certain duties that tax consultants in Dubai always understand and keep in mind. First and foremost, is to act transparently.

On the preparation and submission of documents to the Federal Tax Authority, tax consultants in Dubai give advice on the best practice. Also, it is important to have very good knowledge regarding environmental factors as well. Such as the change in tax rules and change in other government rules that might affect the client or the client’s business.