VAT Registration Services in Dubai, UAE
Simplify your UAE company’s VAT registration, deregistration, VAT filing, and FTA compliance
Starting and running a business in Dubai comes with a lot of opportunities, along with some tax obligations. While doing business in Dubai is extremely rewarding, at the same time, in order to stay compliant with UAE tax laws, you must be careful about timely and accurate tax registration.
VAT registration can be done through the FTA e-channel. However, the process can be complex. That is where reliable and expert VAT registration services in Dubai can help ease the stress.
Dubiz Business Setup is your ultimate VAT management guide, here to assist you through the entire tax registration process. Our team of experts offer quality tax and accounting services in Dubai and UAE, taking care of your VAT registration with professionalism and guaranteed accuracy.
What is Value Added Tax (VAT) in UAE?
Value Added Tax, shortly known as VAT, is a type of indirect tax imposed on most of the supplies of goods and services that are bought and sold. Basically, the tax is levied at each stage of the supply chain, such as manufacturer, wholesaler, and retailer level. Ultimately, the end consumer bears the tax, and businesses play the role of collecting tax on behalf of government.
In the UAE, VAT was introduced on 1st January 2018 at a standard rate of 5%. It provides the nation with a new source of income, which in turn helps the government invest in various quality public services.
VAT Registration in UAE for Businesses
VAT registration is important for companies in the UAE that meet income threshold and deal with taxable goods and services. Registering for VAT on time with the Federal Tax Authority (FTA) promotes an environment of transparency and credibility in financial dealings.
Whether operating on Dubai mainland or freezone, as a business owner in Dubai, you must register your business under the VAT law. After registration, you receive a TRN (Tax Registration Number), a 15-digit number, which is:
Proof of business's legal operating status
Essential for filling VAT returns
Required to claim any VAT refunds
Types of VAT registration Services in Dubai
There are two types of VAT registration services in UAE. The category under which you fall basically depends upon your past and expected annual turnover.
Mandatory VAT Registration:
Businesses whose annual taxable income exceeds AED 375,000 are legally required to register for VAT under mandatory registration.
It is obligatory and non-compliance leads to fines and penalties.
Voluntary VAT Registration:
Businesses whose annual turnover is more than AED 187,500 but less than AED 375,000 can choose to register for VAT voluntarily.
It is optional and non-registration does not lead to any fine.
Compliance with the FTA
Authority overseeing VAT in UAE
The Federal Tax Authority (FTA) is the authority responsible for managing and collecting federal taxes and related fines along with applying all tax-related policies in the Emirates.
FTA issues guidelines and provides assistance to businesses and consumers to help them meet their tax liabilities and fully understand the taxation system in the UAE.
Our experts at Dubiz Business Setup ensure your business always remains aligned with latest FTA updates.
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Guaranteed by Dubiz
The inaccurate filing of VAT can lead to penalties, audits, and legal issues. Professional VAT registration services in Dubai can help you with it.
Streamlined Process of VAT Registration in Dubai
Here are the simple steps for getting your business VAT registered in Dubai:
Create an account on the FTA
Login or sign up on the FTA's official website.
Fill out the VAT application
You must provide all the necessary information related to your business and tax details in the application.
Submit the necessary documents
Attach all the necessary documents such as your trade license, financial records, and bank account details, and submit the application.
Approval and TRN issuance
Once the application is approved, your registration will be complete, and you will receive your TRN number.
Documents Required for VAT Registration
- Valid trade license
- Articles of Association
- Certificate of incorporation
- Ownership information of the business
- Detailed information of business activities
- Customs details, if applicable
- Passport/Emirates ID copy of the authorized signatory(s)
- Power of attorney for authorized signatory(s)
- Contact information
- Revenue forecast with evidence
- Monthly turnover declaration
- Supporting financial documents
- Bank details of the applicant
Please note that documentation is subject to variation. Dubiz experts ensure that your documentation is accurate and meets all the requirements set by the FTA.
Why is VAT Registration Services in Dubai Important?
- Obtain your Tax Registration Number (TRN)
- Become VAT compliant as per UAE tax law
- Start legally collecting VAT on your goods and services
- Reclaim input VAT on eligible business expenses
- Avoid penalties and legal issues associated with late registration
- Enhance the professionalism and credibility of your business
VAT – Exempted Sectors in UAE
The below given categories of supplies are exempted from VAT in UAE:
Certain financial services defined under VAT law
Residential properties
Bare land transactions
Local passenger transport
Efficient UAE VAT Registration Services in Dubai by Dubiz
VAT registration in the UAE requires a careful approach. Even if you are going for voluntary registration, the legal procedures must be followed. You have to be meticulous with documentation and ensure timely VAT return filing.
Dubiz offers comprehensive VAT registration services in Dubai, which include:
VAT Consultancy & Advisory
VAT Registration
VAT Reporting, Return Filing & Compliance
When it comes to a sensitive issue like tax, staying up to date with the latest FTA guidelines is especially important. Our experts ensure that VAT registration for your business setup in Dubai is handled in full compliance with the latest UAE tax laws.
Our team ensures your application is accurate, complete, and in accordance with current regulations. If you have any concerns related to VAT, queries about VAT registration services Dubai, or anything else, you can book a consultation with our experts. They will be happy to help!