What are the essential documents needed for VAT registration in Dubai, UAE?
The Vat Consultant offers convenient VAT registration services in the UAE, facilitating the submission of necessary documents for VAT registration online. You can register for VAT, obtain your VAT Certificate, and make VAT payments through the EmaraTax Platform. Since January 01, 2018, the UAE has enforced Value Added Tax (VAT), an indirect tax levied on goods or services at the point of sale.
VAT Registration Requirements in UAE
In the UAE, businesses must register for VAT if their taxable supplies and imports exceed the mandatory threshold of AED 375,000. Optional registration is available if the total value of taxable supplies and imports or expenses exceeds AED 187,500.
Documents Required for VAT Registration in UAE
To register for VAT in the UAE, businesses need to provide specific documents online. The following documents are necessary for VAT registration:
- Copy of valid Trade License
- Passport copy of owner/partners
- Emirates ID copy of owner/partners
- Memorandum of Association (not required for sole establishments)
- Company contact details
- Contact details of responsible person
- Bank details
- Turnover declaration for the last 12 months
- VAT Registration Letter (if dealing with customs)
VAT Registration Timeline
Upon online submission, businesses receive their Tax Registration Number (TRN) from the Federal Tax Authority (FTA) within 2-3 working weeks.
VAT Registration in Dubai
VAT in the UAE is applied at each stage of the supply chain at a rate of 5%. End-users bear the VAT cost, while businesses collect it for the government. Non-VAT businesses can claim refunds. The Vat Consultant offers VAT Refund Services in Dubai.
How to Register for Tax Registration Number (TRN) in UAE
Businesses can obtain a TRN by registering for VAT on Emaratax with the necessary documents. Upon FTA approval, a VAT Certificate is issued, containing a unique identification number for VAT-related activities.
VAT Registration Services in UAE
The Vat Consultant offers a team of dynamic VAT specialists to assist your business in tackling common challenges like unfamiliarity with VAT rules, structural and compliance issues, resource constraints, and non-compliant accounting systems. Benefit from top-notch accounting and VAT services by reaching out to The Vat Consultant UAE for VAT registration services.