The Federal Tax Authority (FTA) of the UAE regulates taxes, making sure that companies are in line with Value Added Tax (VAT), corporate tax, and excise tax. FTA registration is necessary for companies doing business in the UAE, as it enables them to meet tax…
Value Added Tax (VAT) is an indirect tax on the consumption of services and goods. The UAE imposed VAT on January 1, 2018, at a 5% standard rate. All businesses within the UAE are required to follow VAT rules imposed by the Federal Tax Authority…
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 voluntary registration under specific circumstances: If a business’s supplies and imports fall below the mandatory vat registration…
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 Registration Number (TRN) for your business, you must meet the VAT registration requirements in the UAE. If…
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