Impact assessment:

• Understanding the group structure and business operations from the UAE CT perspective.
• Collate the relevant information and data to identify revenue streams and expenses.
• Review of contracts and documents.
• High level review of income and expenses that may have tax impact under UAE CT.
• Identify gaps / exposures on key business aspects including
  
  1. – Accounting policies
  2. – System capabilities
  3. – Internal controls
• Technical evaluation of tax risk areas in advance.
• Quantitative assessment to identify taxable base.
• Detailed impact assessment from UAE CT and TP perspective.
• Finalize roadmap for implementing UAE CT.
• High level assessment of system readiness for UAE CT.