Corporate Tax Director
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
DAMAC Properties is seeking a Corporate Tax Director to lead UAE corporate income tax compliance and advisory for its real estate business in Dubai. The role covers tax compliance, technical advisory, deferred tax, structuring, and international tax across multiple jurisdictions.
Key Skills for This Role
Responsibilities
- Own the UAE CT compliance cycle for all Real Estate entities, including preparation oversight, review, and sign off
- Manage the calculation and filing of UAE CT returns for Properties entities
- Advise the Real Estate business line and senior management on the UAE CT treatment of key commercial transactions
- Lead the preparation and review of deferred tax balances for all Properties entities under IAS 12 / IFRS
- Identify and evaluate UAE CT incentive positions available to the Real Estate business
- Own the corporate tax compliance and advisory position for the Properties business across all non UAE jurisdictions
- Act as the primary CT interface with the SM — Transfer Pricing (Properties)
- Ensure effective coordination with the Indirect Tax pillar on VAT matters that interact with the CT position
- Lead the management of any UAE FTA corporate tax audit or enquiry relating to the Properties business line
- Act as the trusted tax adviser to the Real Estate business line leadership
Requirements
- Professional qualification: ACA, CTA, ADIT, CPA, or equivalent
- Minimum 15 years of corporate tax experience, with a substantial portion focused on UAE corporate income tax
- Deep, current working knowledge of the UAE Corporate Tax Law (Federal Decree Law No. 47 of 2022) and associated Ministerial Decisions and FTA guidance
- Direct experience with UAE CT compliance for real estate, property development, or construction businesses
- Strong understanding of deferred tax under IAS 12 in a real estate context
- Experience with UAE CT free zone provisions
- Familiarity with UAE related party definitions under the CT Law
- Working knowledge of UK corporation tax as it applies to real estate
- Working knowledge of KSA Zakat and income tax obligations for real estate businesses
- Awareness of Qatar income tax framework
- Ability to manage and oversee CT compliance across African markets through local adviser networks
- Experience managing external Big 4 or specialist tax advisers across multiple jurisdictions simultaneously
Full Job Posting
UAE Corporate Income Tax — Real Estate Compliance
- Own the UAE CT compliance cycle for all Real Estate entities, including preparation oversight, review, and sign off
- Manage the calculation and filing of UAE CT returns for Properties entities, ensuring accuracy of revenue recognition, cost of sales, capital gain vs. income characterisation, interest deductibility, deferred revenue, related party transaction adjustments, and transfer pricing add backs
- Manage estimated tax payment calculations and filing calendar for all Properties entities
- Coordinate with the India SSC CIT Compliance Manager on tax provision workings, deferred tax schedules, and compliance data preparation
- Liaise with external UAE CT advisers on complex filing positions, seeking opinions where necessary
UAE Corporate Tax — Technical Advisory
- Advise the Real Estate business line and senior management on the UAE CT treatment of key commercial transactions, including land acquisitions, development joint ventures, hotel and hospitality assets, project level SPV structures, off plan sales, and property disposal structures
- Advise on the application of the UAE CT small business relief provisions and qualifying group relief
- Assess and advise on the tax treatment of development cost overruns, contract variations, and project write downs
- Provide UAE CT input on new project launches, new market entries, and acquisition structures
Deferred Tax & Financial Reporting
- Lead the preparation and review of deferred tax balances for all Properties entities under IAS 12 / IFRS
- Advise on the identification of temporary differences arising from development property, IFRS 15 contract assets and liabilities, IFRS 16 right of use assets and lease liabilities, fair value movements on investment property (IAS 40), and intercompany eliminations
- Ensure current and deferred tax disclosures in the financial statements are accurate, complete, and consistent
- Brief external auditors on UAE CT positions and deferred tax judgements
UAE CT Structuring & Incentives
- Identify and evaluate UAE CT incentive positions including free zone qualification, qualifying group relief, and tax loss carry forward utilisation
- Advise on the CT implications of corporate restructurings within the Properties business
- Assess the impact of proposed group restructurings on existing CT positions, loss carry forwards, and exemption elections
- Monitor UAE CT legislative developments and FTA guidance and assess their impact proactively
International CT — UK, KSA, Qatar & Africa
- Own the corporate tax compliance and advisory position for the Properties business across all non UAE jurisdictions
- Manage the network of local external tax advisers across international Properties jurisdictions
- Ensure intercompany transactions between UAE and international Properties entities are correctly reflected in CT returns
- Advise on the CT implications of entering new international markets, including permanent establishment risk assessment
- Monitor material legislative changes in KSA, Qatar, UK, and key African markets
Related Party Transactions & Transfer Pricing Interface
- Act as the primary CT interface with the SM — Transfer Pricing (Properties)
- Advise on the UAE CT treatment of related party transactions adjusted for TP purposes, including secondary adjustment provisions
- Ensure intercompany service fees, management charges, and financing costs are correctly deducted and supported by TP documentation
- Maintain awareness of UAE related party definitions under Federal Decree Law No. 47 of 2022
- Review UAE CT related party disclosure requirements and coordinate with SM — TP (Properties)
VAT & Indirect Tax Interface
- Ensure effective coordination with the Indirect Tax pillar on VAT matters that interact with the CT position
- Flag any areas where the Properties VAT and CT positions are inconsistent or where an FTA challenge creates risk
Audit Defence & Tax Authority Relations
- Lead the management of any UAE FTA corporate tax audit or enquiry relating to the Properties business line
- Prepare technical responses, position papers, and supporting documentation for FTA queries
- Manage the group's relationships with the UAE FTA in respect of Properties CT matters
- Advise on and manage any voluntary disclosure requirements
- Monitor FTA audit focus areas and ensure the Properties CT position is audit ready
Business Partnering & Stakeholder Management
- Act as the trusted tax adviser to the Real Estate business line leadership
- Brief the Senior Director — Direct Tax and Group Head of Tax on material UAE CT developments, risks, and opportunities
- Support the Real Estate finance team with CT related aspects of management reporting, budget modelling, and project feasibility analysis
- Manage and develop the India SSC CIT Compliance Manager as it relates to Properties CT workstreams
- Manage external UAE tax adviser relationships for Properties CT matters
Qualifications & Experience
- Professional qualification: ACA, CTA, ADIT, CPA, or equivalent
- Minimum 15 years of corporate tax experience, with a substantial portion focused on UAE corporate income tax
- Deep, current working knowledge of the UAE Corporate Tax Law (Federal Decree Law No. 47 of 2022) and associated Ministerial Decisions and FTA guidance
- Direct experience with UAE CT compliance for real estate, property development, or construction businesses
- Strong understanding of deferred tax under IAS 12 in a real estate context
- Experience with UAE CT free zone provisions
- Familiarity with UAE related party definitions under the CT Law
- Working knowledge of UK corporation tax as it applies to real estate
- Working knowledge of KSA Zakat and income tax obligations for real estate businesses
- Awareness of Qatar income tax framework
- Ability to manage and oversee CT compliance across African markets through local adviser networks
- Experience managing external Big 4 or specialist tax advisers across multiple jurisdictions simultaneously
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at DAMAC Properties
Senior Analyst
Dubai, UAE
DAMAC Properties seeks a Senior Analyst for Workforce Management to deliver workforce intelligence, forecasting, and reporting. The role requires strong Power BI expertise, workforce analytics, and AI-driven automation t
Technical Oversight Manager (Construction-Focused) - MD Office
Dubai, UAE
DAMAC Properties seeks a seasoned Technical Manager to ensure all technical, engineering, and construction aspects of development projects meet the highest standards. The role acts as an independent validation layer over
Secretary
Dubai, UAE
DAMAC Properties is seeking a Secretary to provide administrative support to high-level executives and management. Responsibilities include scheduling, correspondence, emailing, handling visitors, and routing callers. Ca
Senior Manager-Talent Acquisition
Dubai, UAE
DAMAC Properties seeks a Senior Manager-Talent Acquisition to drive Emiratization recruitment strategy, attracting and hiring UAE Nationals across business functions. The role ensures compliance with UAE regulations, bui
Assistant Manager-Commercial
Dubai, UAE
DAMAC Properties seeks an Assistant Commercial Manager to support hyperscale data centre projects in Dubai. The role involves procurement, cost control, contract administration, and supplier performance management. Ideal
Assistant Manager- Talent Acquisition (Emiratization)
Dubai, UAE
DAMAC Properties is hiring an Assistant Manager- Talent Acquisition (Emiratization) to manage end-to-end recruitment for UAE National positions. The role involves partnering with hiring managers, building a pipeline of E
Human Resources Business Partner
Dubai, UAE
DAMAC Properties seeks an experienced Manager – HR Business Partner to support its Projects business, partnering with senior leaders across a workforce of approximately 700 employees. The role provides strategic and oper
Engineer-Facade
Dubai, UAE
DAMAC Properties is seeking a Facade Engineer to coordinate and monitor facade engineering, procurement, and installation activities for high-rise developments in Dubai. The role involves reviewing shop drawings, conduct
Senior Analyst
Dubai, UAE
Technical Oversight Manager (Construction-Focused) - MD Office
Dubai, UAE
Secretary
Dubai, UAE
Senior Manager-Talent Acquisition
Dubai, UAE
Assistant Manager-Commercial
Dubai, UAE
Assistant Manager- Talent Acquisition (Emiratization)
Dubai, UAE
Human Resources Business Partner
Dubai, UAE
Engineer-Facade
Dubai, UAE