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December 17, 2018

UAE Salary Guide 2019 - Tax

“The tax jobs market is maturing and creating new job opportunities for local talent. UAE has been tax-free and the new VAT legislation is a new economic reform that created the need for tax talent in the public and private sector as well as consulting firms.”

UAE Salary Guide 2019 - Tax
Cooper Fitch Dubai
Cooper Fitch Dubai
Cooper Fitch Dubai
Cooper Fitch Dubai

New opportunities are created with the UAE tax system developing.

One of the main challenges faced in Big 4 firms and public sector entities is the limited talent pool and the lack of bilingual professionals. There is also a significant lack of national talent that understands tax policies fully.  These challenges are expected to continue, however, with education programs on taxation we expect to see more tax fluent nationals in the near future which will decrease the demand of international subject matter experts. This growing field is maturing, and creating new job opportunities for local talent. UAE has been tax-free, and the new VAT legislation is a new economic reform that created the need for tax talent in the public and private sectors as well as consulting firms.

Maturing of the tax market in the UAE is expected to capture the interests of more job seekers soon.

We anticipate more reforms such as Transfer Pricing tax which involves BEPS (Base erosion and profit shifting) and action 13. The latter will also more likely trigger Corporate Tax. There will be a huge demand in the future for experienced Transfer pricing and Corporate taxing professionals. Last year, consultancies were hiring talent in preparation for the implementation of tax, and this is why we expect to see less talent demand in VAT professionals this coming year. However, the public and private sector entities are still hiring tax professionals, but the rate of hiring is not as high as anticipated earlier.

A considerable decrease in international hiring with more Emirati talent entering the market.

The hiring in the public sector is skyrocketing. Leaders in the public sector need to have good knowledge of international best practices specifically in the tax administration domain. In the private sector, leaders should have an outstanding comprehension of Cross-border tax knowledge. The rate of international hiring is decreasing significantly in comparison to last year.

The age of automation.

Tax automation, tax reporting, tax ERP and tax analytics are some of the tax technologies that are on the rise. These technologies are a necessity specifically in businesses with a large operations team spread across various countries. Both consultancies and public sectors have flexible work arrangements in terms of time and mobility.

 

ROLES

TITLE

MIN

MAX

BIG4

Partner (Mid to Senior)

70,000+

 

 

Partner (Junior)

55,000

75,000

 

Director

40,000

55,000

 

Senior Manager

28,000

40,000

 

Manager

23,000

32,000

 

Assistant Manager

15,000

21,500

 

Associate/Senior Associate

14,000

18,000

INDUSTRY &

Director/Head of Tax (Mid to Senior)

65,000

85,000

PUBLIC SECTOR

Director/Head of Tax (Junior)

45,000

60,000

 

Senior Manager

34,000

45,000

 

Manager

23,000

35,000

 

Supervisor

18,000

25,000

 

Analyst/Senior Analyst

15,000

20,000

Monthly salaries in UAE Dirhams (AED). Salaries provided are exclusive of any bonus, guaranteed or otherwise. 

Please click here to view the full salary guide for this sector.

Viacheslav Shakhov By Viacheslav Shakhov

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