How to Apply for VAT Registration in UAE
To assist you in successfully completing the formalities for VAT registration, we have provided a step-by-step process for applying for VAT registration.VAT Registration in UAEThe ... More Details
Who Needs to Register for VAT
A company is required to register for VAT if its taxable supplies and imports surpass the mandatory registration threshold of 375,000 AED. However, there’s also the option for volu... More Details
Documents Required for VAT Registration in Dubai
The Federal Tax Authority (FTA) in Dubai requires certain documents for VAT registration. These documents must be submitted through an online portal. In order to obtain a Tax Regis... More Details
Register for VAT
Value Added Tax (VAT) registration is essential for businesses that meet the VAT threshold or choose to register voluntarily. In most countries, businesses must register for VAT if... More Details
General Anti-abuse Rule
A general anti-abuse rule is used to prevent the use of ‘abusive’ transactions or arrangements, which may be legal within the parameters of the Law, but are not in- line with the L... More Details
Record Keeping
Taxable Persons are required to maintain records and documentation that:• support the information provided in a Tax Return or in any other document to be submitted to the FTA;407 a... More Details
Clarifications and Assessments
Certainty is an important hallmark of an efficient tax regime, and it is considered international best practice to create a stable tax environment in which Persons can be certain a... More Details
Tax Returns and Payments
Consistent with Corporate Tax being a self-assessed regime, Taxable Persons should pay Corporate Tax and file their Corporate Tax Return within 9 months from the end of the relevan... More Details
Applications and Elections
In order to apply some of the provisions in the Corporate Tax Law, Taxable Persons will need to make the relevant elections or applications.Elections can be applied unilaterally by... More Details
Financial Statements
Financial Statements record the financial activities and performance of a Business, and are a key element of Corporate Tax Law. A Taxable Person’s Accounting Income (prof... More Details
Registration and Deregistration
All Taxable Persons should register for Corporate Tax with the FTA and obtain a Tax Registration Number for Corporate Tax.361 This needs to be done before a deadline to b... More Details
Tax Credits
In some cases, Taxable Persons may be entitled to credits which they can use to offset against their Corporate Tax liability. These credits arise if they have paid tax on the same ... More Details
