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Author: sdhakad

Vision

To be the foremost authority in shaping the future of taxation in the UAE, recognized globally for driving innovation, ethical practices, and transformative policies. We aspire to create a world-class tax environment that bolsters confidence, attracts investment, and positions the UAE as a benchmark for excellence in tax administration and thought leadership.

Mission

The Taxation Society UAE is dedicated to advancing tax knowledge, fostering compliance, and promoting excellence in tax governance across the United Arab Emirates. Through education, collaboration, and advocacy, we empower tax professionals, businesses, and policymakers with the tools and insights needed to navigate the dynamic tax landscape. Our mission is to cultivate a transparent, equitable, and innovative tax ecosystem that supports sustainable economic growth and aligns with the UAE’s vision of global leadership.

Achievements

  1. Pioneering Tax Education
    • Trained over [X, e.g., 10,000] professionals through workshops, certifications, and seminars, equipping them with cutting-edge knowledge in VAT, corporate tax, and international tax compliance.
    • Launched the UAE’s first Tax Excellence Certification Program in collaboration with [partner institution], recognized by [regulatory body].
  2. Policy Advocacy & Impact
    • Played a pivotal role in advising federal and local governments on tax framework design, contributing to the UAE’s reputation as a business-friendly jurisdiction.
    • Published groundbreaking research reports, including the UAE Tax Reform Roadmap (202X), which informed key legislative updates.
  3. Global Partnerships
    • Forged alliances with leading international organizations, such as the [OECD, International Fiscal Association, or regional bodies], to promote cross-border knowledge exchange.
    • Hosted the GCC Tax Summit in [year], attracting delegates from over [X] countries to discuss regional tax harmonization.
  4. Digital Innovation
    • Introduced the TaxHub UAE digital portal in [year], a one-stop resource for tax updates, e-learning modules, and compliance tools, used by [X] businesses monthly.
  5. Awards & Recognition
    • Honored with the [UAE Ministry of Finance’s “Tax Excellence Award”] in [year] for advancing tax literacy and compliance.
    • Recognized by [international body] as a “Model Tax Society” for our contributions to ethical tax governance.
  6. Community Building
    • Built a network of [X, e.g., 5,000+] members, including multinational corporations, SMEs, and government entities, fostering peer-to-peer learning and collaboration.
    • Established regional chapters in [Dubai, Abu Dhabi, etc.] to decentralize support and engage stakeholders nationwide.

History

The society was formed in June 2022 in response to the UAE’s evolving tax landscape, especially following the introduction of Corporate Tax and Transfer Pricing regulations. It has become a hub for tax professionals to collaborate, learn, and influence policy through workshops, conferences, and publications. Founded by a coalition of tax professionals, industry leaders, and government stakeholders, the Society emerged as a unifying platform to address the growing need for expertise, collaboration, and education in taxation. Over the years, we have grown into a cornerstone of the UAE’s tax community, championing best practices, fostering dialogue, and supporting the nation’s transition to a diversified, knowledge-driven economy.

From our inception, we have prioritized bridging the gap between policymakers, businesses, and tax practitioners. Key milestones include hosting the UAE’s first national tax conference in [year], launching accredited certification programs for tax professionals, and partnering with global institutions to align UAE tax practices with international standards. Today, we serve as a trusted voice in shaping tax policy and empowering stakeholders to thrive in an increasingly complex regulatory environment.

Overview

Taxation Society UAE is a premier platform dedicated to fostering excellence in taxation practices across the region. Our mission is to provide a collaborative forum for taxation professionals, policymakers, and academics to share insights, discuss best practices, and shape the future of tax policies in the UAE. Guided by our core values of integrity, innovation, and excellence, we are committed to advancing the standards of tax administration and ensuring a robust and transparent tax environment.

Prateek Tosniwal

Finance Professional with proven expertise in managing diverse business entities, including Company, Partnership, and Proprietorship setups, ensuring regulatory compliance and operational efficiency. Proficient in handling Litigation & Tax Assessments, providing strategic advice and representation to achieve favorable outcomes for clients.

Extensive experience in facilitating successful Mergers & Acquisitions, leveraging market insights and financial analysis to drive business growth and expansion. Specialized in Domestic & International Tax Advisory, offering valuable guidance on tax planning, compliance, and optimization strategies for global businesses.

Adept at providing GST Advisory & Compliance services, ensuring seamless adherence to complex tax regulations. Skilled in advising on International Business Structures and International Tax & Regulatory matters, enabling clients to establish overseas operations with tax efficiency in mind.

Demonstrated success in making strategic investments, with a portfolio encompassing over 100 companies, including two valued at over $1 billion each.

Renjith Radhakrishnapillai

Chartered Accountant with over 22 years of experience in the domain of Accounting, Finance and Taxation across various Industries and as a part-time faculty and corporate Trainer

Rishi Sapra

Rishi is the Founder and CEO of a tax consulting firm in the UAE, Young Global (www.youngglobal.co). He is a Chartered Accountant by profession and has over 15 years of international transfer pricing and tax consulting experience in the UAE (Dubai)/Middle East, UK, The Netherlands and India working with Big Four and Tier 2 consulting firms in these countries.

In this tax experience, he has dealt with a wide range of transfer pricing and international tax aspects, including review of supply chain and business models, conducting value chain analyses, intellectual property, design of transfer pricing policies and preparation of robust transfer pricing documentation. Rishi has also provided support with the practical implementation of transfer pricing policies and defending those policies in a tax/TP audit.

Rishi has performed several UAE CT and TP impact assessments, review of QFZP reliefs and UAE CT/TP implementation and documentation projects. In addition, he has assisted on various UAE VAT projects. He is an active speaker on various transfer pricing aspects at reputed UAE forums and in the year 2023 Rishi was awarded a nominee of the Transfer Pricing Rising Star in the Middle East Category by International Tax Review (ITR Awards 2023).

Khadar Khan Mohammed

Work Profile

Audit & Assurance, Manufacturing & Trading, Infrastructure Construction & Cements, Offshore Shipping Marine – Upstream Sector, Technical Services, Industrial & Marine Services – Mid and Downstream Sector & Govt Companies.

Roles

Internal Auditor, FP&A, Finance Manager, Head of Finance, Sr Manager Finance & Audit & Tax Compliance.

Companies associated with

CM Associates, Rockwool Industries ( Al Ghanim Group Kuwait), ETA ASCON, WSS, MSBCT LLC.