You must register for VAT in UAE under Emirati VAT law, whether you run a small, medium, or established large business. When you register your business under the UAE VAT law, the government recognizes your business. VAT registration in UAE for your business commodity will rely on the income developed from your business.
Online VAT Registration in UAE
When a business registers for VAT in Dubai, it must file VAT returns on a regular basis or according to the authority’s requirements. Businesses and individuals conducting business in the UAE must register for VAT if their annual revenue exceeds AED 375,000/-.
Dubai’s VAT registration procedures require:
- VAT registration
- Charge VAT on all invoices sent to customers.
- Notify the federal tax authorities of the VAT through a VAT filing.
Required Documents for VAT Registration in Dubai
Businesses must submit the essential documents for VAT registration to get a Tax Registration Number (TRN). The following are the documents necessary for VAT registration online:
- Copy of the business owner’s passport (s)
- Copy of your commercial license
- Details of UAE identification
- IBAN and account information for the company
- Keep track of your previous year’s revenue.
- Association Memorandum (MOA)
- Registration Code for the Customs Authority
VAT Registration Services Available in Dubai
Mandatory VAT Registration Services in Dubai
- If the total amount of its taxable supplies and imports during the past 12 months reaches the statutory registration level
- If the total amount of the company’s taxable supplies and imports is expected to surpass the mandatory registration level in the next 30 days.
Voluntary VAT Registration Services in Dubai
- If it fails to fulfill the registration requirements, it will be rejected.
- If the total amount of its taxable supplies, imports, or costs in the previous 12 months exceeds the voluntary registration level, the company must register.
BSD PRIME ACCOUNT & BOOKKEEPING SERVICES is one of the top vat consultancies in UAE, which offers outstanding VAT registration services in Dubai in expansion to VAT deregistration, VAT accounting, VAT return filing, etc.
