VAT Registration Dubai

VAT Registration Services in Dubai, UAE

VAT Registration Services in Dubai are demanded by companies who would like a Tax Registration number (TRN). To urge the TRN, businesses should apply for the online VAT registration method. The online VAT registration method will be started by visiting the online FTA portal. 

Documents Required for VAT Registration in Dubai

To complete your VAT Registration in Dubai, you’ll need to provide the following documents:

1. Identification documents:
   • Passport copy or Emirates ID of the authorized signatory
2. Business documents:
   • Trade license copy
   • Certificate of Incorporation
   • Articles of Association
   • Power of Attorney (if applicable)
3. Business activity information:
   • Detailed description of business activities
4. Financial information:
   • Turnover for the last 12 months in AED
   • Supporting documents for 12-month sales
   • Projected turnover for the next 30 days
   • Bank account details
5. Import/Export information (if applicable):
   • Estimated value of imports from GCC countries for one year
   • Estimated value of exports to GCC countries for one year
   • Declaration of dealings with GCC suppliers or customers
6. Additional documents:
   • Customs registration documents in the UAE (if applicable)

VAT Registration Processes in UAE

At Intellect Chartered Accountants, we guide businesses through two main types of VAT registration in the UAE:

Mandatory VAT Registration:

1. Threshold: Applies to businesses with annual taxable supplies and imports exceeding AED 375,000.
2. Timing:
   • If your turnover exceeded AED 375,000 in the last 12 months
   • If you expect to exceed AED 375,000 in the next 30 days
3. Legal Requirement: Failure to register when mandatory can result in penalties.
4. Applicability: All businesses meeting the threshold, except foreign businesses.

Voluntary VAT Registration:

1. Threshold: Available for businesses with annual taxable supplies and imports or expenses exceeding AED 187,500.
2. Timing:
   • If your turnover or expenses exceeded AED 187,500 in the last 12 months
   • If you expect to exceed AED 187,500 in the next 30 days
3. Legal Requirement: Optional, but once registered, you must comply with VAT regulations.
4. Applicability: Businesses below the mandatory threshold but above the voluntary threshold.

Importance of VAT Registration in Dubai:

1. Enhanced Business Profile:
   • VAT Registration boosts your company’s credibility in the market.
2. Penalty Avoidance:
   • Timely registration prevents costly fines and legal issues.
3. VAT Refund Eligibility:
   • Registered businesses can claim VAT refunds on eligible expenses.
4. Expanded Market Opportunities:
   • VAT Registration often opens doors to work with larger corporations and government entities.

Why Choose Intellect Chartered Accountants for VAT Registration Services in Dubai?

• One-stop solution for all financial needs
• 21+ years of expertise in UAE taxation
• Personalized guidance throughout the VAT registration process
• Ongoing support for VAT compliance and filing

Don’t risk penalties for non-registration. Trust Intellect Chartered Accountants, your go-to experts for VAT Registration services in Dubai and across the UAE. Contact us now for a free consultation and ensure your business is VAT-compliant!