Dubai Consultants Group achieves full CT compliance in 2 weeks

The Challenge

When the UAE announced its Corporate Tax regime in late 2022, Dubai Consultants Group (DCG) faced a critical deadline. As a professional services firm with 45 employees and revenues exceeding the AED 375,000 threshold, they needed to understand their obligations, register with the FTA, and prepare for their first CT filing.

The firm's managing partners faced several challenges:

• Understanding complex CT regulations and their applicability to consulting services
• Determining the correct tax treatment for their various revenue streams
• Calculating their tax base and potential CT liability
• Ensuring their financial records met FTA documentation requirements
• Training their internal finance team on CT compliance

Initial quotes from Big 4 accounting firms for CT implementation ranged from AED 75,000 to AED 120,000, with ongoing annual compliance fees of AED 30,000+.

"We're consultants ourselves, so we know the value of expert advice. But the quotes we received were eye-watering for what seemed like a relatively straightforward situation. We needed a smarter approach."

- Sarah Khan, Managing Partner

The Solution

DCG discovered TaxSey through a recommendation from their banking partner. The platform's AI-powered CT module offered exactly what they needed: expert guidance at a fraction of the cost.

Key Features That Made the Difference

AI Tax Assistant

DCG's finance manager used TaxSey's AI assistant to get instant answers to complex CT questions. Questions like "Are training expenses fully deductible?" and "How do we treat the partner profit share?" were answered with specific references to UAE CT law and FTA guidance.

Automated CT Calculations

TaxSey automatically calculated DCG's taxable income, identified allowable deductions, and computed the 9% CT liability. The platform also identified AED 23,000 in additional deductions the team had initially overlooked.

FTA Integration

The CT registration process, which typically requires multiple portal visits and form submissions, was completed in a single session through TaxSey's guided workflow with automatic EmaraTax integration.

The Results

Speed to Compliance

DCG achieved full CT compliance in just 14 days, compared to the 6-8 weeks quoted by external consultants. This speed allowed them to focus on their core business without extended disruption.

Cost Savings

Total investment in TaxSey was less than 10% of the lowest Big 4 quote. The platform's ongoing subscription covers all CT compliance needs, representing additional savings versus annual consulting fees.

Team Empowerment

Rather than relying on external consultants, DCG's internal finance team now confidently manages CT compliance. The AI assistant serves as an always-available tax expert for ongoing questions.

"TaxSey has democratized tax expertise. Our finance manager, who had no prior CT experience, now handles our tax compliance with confidence. The AI is like having a tax partner on call 24/7."

- Sarah Khan, Managing Partner

Looking Forward

DCG has become a TaxSey advocate, recommending the platform to their own consulting clients. They're now exploring TaxSey's multi-entity features as they consider expanding their practice across the GCC.