Tax Accountant

Job Summary

We are looking for a knowledgeable and detail-oriented Tax Accountant with strong experience in UAE Corporate Tax, particularly Free Zone Companies, Qualifying Free Zone Persons (QFZP), and the calculation of taxable income and deductible expenses.

The ideal candidate should have practical experience in corporate tax calculations, tax compliance, financial reporting, and UAE Federal Tax Authority (FTA) regulations.

Key Responsibilities

1. UAE Corporate Tax & Free Zone Taxation

• Prepare and calculate UAE Corporate Tax liabilities in accordance with applicable tax regulations.
• Demonstrate strong knowledge of Qualifying Free Zone Person (QFZP) requirements and eligibility conditions.
• Understand the application of 0% Corporate Tax on Qualifying Income and 9% Corporate Tax on taxable income subject to the standard rate.
• Assess Qualifying Income and Non-Qualifying Income for Free Zone Companies.
• Review Free Zone transactions, including mainland and international business activities, to determine their tax treatment.
• Monitor QFZP compliance, including qualifying activities, excluded activities, adequate substance, de minimis requirements, and audited financial statements.

2. Taxable Income & Deductible Expenses

• Calculate taxable income based on accounting profits and applicable tax adjustments.
• Identify and classify deductible and non-deductible business expenses.
• Review expenses such as salaries, depreciation, interest, entertainment, and other operational costs.
• Prepare tax computation schedules and supporting documentation.
• Handle tax adjustments, exemptions, reliefs, and tax loss calculations where applicable.

3. Corporate Tax Compliance & Filing

• Prepare and submit Corporate Tax returns through the FTA EmaraTax portal.
• Assist with Corporate Tax registration and related compliance requirements.
• Maintain accurate tax records, reconciliations, and supporting schedules.
• Monitor filing deadlines and ensure timely compliance.
• Support tax audits, assessments, and FTA inquiries.

4. Accounting & Financial Reporting

• Prepare and review financial statements in accordance with IFRS.
• Reconcile accounting profits with taxable income.
• Review general ledger entries and financial transactions for tax accuracy.
• Support VAT calculations, VAT return filing, and reconciliations.
• Assist with month-end and year-end financial closing.

Requirements

• Bachelor's Degree in Accounting, Finance, or a related field.
• Practical UAE Corporate Tax experience is mandatory.
• Strong understanding of Free Zone Corporate Tax regulations and QFZP requirements.
• Proven ability to calculate taxable income, deductible expenses, and corporate tax liabilities.
• Knowledge of IFRS and UAE accounting standards.
• Experience with FTA EmaraTax and tax return preparation.
• Good Microsoft Excel skills and experience with accounting software.
• Previous experience in an accounting, audit, or tax consultancy firm is preferred.
• ACCA, CPA, CA, or DipIFR qualifications will be an advantage.
• Strong analytical, reporting, and communication skills.

Working Days & Hours

Working Days: 5 Days per Week (Monday to Friday)

Working Hours:

• Monday to Thursday: 9:00 AM – 7:00 PM
• Friday: 9:00 AM – 6:00 PM

Weekly Off: Saturday and Sunday

Pay: AED6,000.00 - AED8,000.00 per month

Application Question(s):

• What is your nationality?
• How many years of accounting and taxation experience do you have in the UAE?
• Do you have hands-on experience with UAE Corporate Tax calculations and filing?
• Are you familiar with Free Zone Companies and Qualifying Free Zone Person (QFZP) regulations?
• Have you handled Corporate Tax calculations for Free Zone Companies, including 0% and 9% tax treatments?
• Do you have experience calculating Taxable Income and Deductible / Non-Deductible Expenses?
• Have you prepared and submitted Corporate Tax returns through the FTA EmaraTax portal?
• Do you have experience with VAT filing and IFRS accounting standards?
• Are you comfortable with the following working schedule?

Working Days: Monday to Friday
Monday to Thursday: 9:00 AM – 7:00 PM
Friday: 9:00 AM – 6:00 PM
Weekly Off: Saturday and Sunday

Language:

• Tagalog (Required)

Work Location: In person