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One of the most sought-after careers today is tax consulting. There are many benefits to this career. Salaries and employment opportunities are among the top reasons people choose to take this profession. In addition to the benefits, you will have the opportunity to work internationally. Listed below are some of the important things to know before becoming a tax consultant in Dubai.
Job duties:
As a tax consultant, you will have to have a good understanding of UAE taxes and work on client projects. In this role, you will be responsible for reviewing tax issues and audits and making sure that the clients’ taxes are paid correctly and on time. Furthermore, you will have to perform internal audits and manage other client-related duties. If you are looking for a job in Dubai, this might be the right opportunity for you.
Salary:
A tax consultant earns an average of AED 190,445 per year or 92 dirhams per hour, and the highest paid to make between AED 227,085 and AED 340,600. These figures are based on compensation surveys by actual housing sales data from commercially available sources. In addition, the cost of labor data is based on the effective income tax rates in Dubai.
Employment opportunities:
If you have the relevant knowledge and expertise in taxation, then employment opportunities in tax consulting in Dubai could be the right option for you. The job profile for tax consultants is wide, with various responsibilities, including reviewing and analyzing clients’ tax issues, conducting tax audits, and managing internal audits. The salary for tax consultants is also tax-free, so it is a good option for those with financial expertise and experience in accounting.
International opportunities:
For those looking for exciting international career opportunities, there are a variety of tax consulting opportunities in Dubai. These opportunities are suited to people with varied expertise and extensive experience. Tax client work can be highly stimulating and rarely involves the same type of tasks twice. It can also involve tackling tax problems faced by global corporations and becoming a leading adviser on the latest developments in tax. A tax consultant’s duties could include modeling legislative changes, advising on corporate restructuring, and supporting clients with internal changes.
