Rajae Hakim launches Altair Tax in Dubai
Spanish tax lawyer Rajae Hakim has founded Altair Tax, a Dubai-based tax advisory boutique focused on transactions and investments between the United Arab Emirates (UAE) and Spain. The firm has been operational since September and advises companies, investors, wealth managers, family offices and law firms. Hakim moves from KPMG Lower Gulf in Dubai.
Altair Tax is registered as a Tax Agency with the UAE Federal Tax Authority (FTA). Hakim is listed in the FTA register as a Tax Agent for corporate income tax linked to the firm, which allows the firm to represent taxpayers before the Emirati tax administration.
The firm was created to serve companies, investors and families operating between the two countries that need advice covering both tax systems. Spain and the UAE have a double taxation treaty in place, and since 2023 the UAE has applied a 9% corporate tax, which has changed how investments in the region are planned.
Services offered
Altair Tax advises on UAE corporate taxation and Pillar Two, and on Spanish taxation for UAE residents and for individuals moving between the two countries. It also provides tax support in M&A transactions, due diligence and divestments, and advises on transfer pricing and on setting up companies in the UAE alongside the related tax advice. In addition, the firm acts as tax support for law firms, wealth managers, family offices and other advisers on complex matters with an international component.
“More and more Spanish companies and professionals are looking at the Emirates, and they often arrive with the tax side unresolved or with advisers who only know one of the two sides. Altair Tax was created to support them with a complete view of the UAE–Spain axis, with the closeness of a boutique and the rigour I learned over more than a decade at the large firms”, said Rajae Hakim, founder of Altair Tax.
Background of the founder
Rajae Hakim is a member of the Madrid Bar Association (ICAM) with more than 10 years of experience. Before founding Altair Tax, she was associate director at KPMG Lower Gulf in Dubai. She also worked at EY and PwC in Spain, mainly in the financial sector, advising banks, insurers and funds.
Her experience covers tax due diligence on acquisitions, corporate reorganisations, Pillar Two, carried interest and investment structures in the UAE and Europe. She holds a Master’s in Taxation from the Centro de Estudios Garrigues and a Master’s in Legal Practice Access from the Autonomous University of Madrid (UAM). She speaks Spanish, English, Arabic and French.
