VAT registration is mandatory for small, medium and large businesses in UAE. Getting your business register under UAE VAT law indicates that your business is recognized by the Government of UAE. Once your VAT registration is done, you will get a Tax Registration Number (TRN). VAT registration process starts by registering on the Federal Tax Authority (FTA) portal online. Alpha auditing offers reliable VAT Services in Dubai, UAE. We offers VAT registration, VAT deregistration, VAT accounting and VAT return filing services.
UAE VAT Registration
UAE implemented VAT from 1st January 2018, if you are doing business in UAE it is mandatory for a company to apply for VAT registration. Once you are registered for VAT in UAE, you need to file VAT returns on a regular basis as it is essential for all businesses.
VAT Registration Process in UAE
- Register VAT online
- Once registered, start charging VAT on the invoices
- File your VAT returns to Federal Tax Authority (FTA) regularly
Types of VAT Registration Services
Do you require VAT registration Services in UAE? There are two types of VAT registration services and companies have to choose one based on the turnover.
- Mandatory VAT Registration: If your annual turnover is more than Dh 375K then VAT registration is mandatory. Once the VAT registration process completes, you will get a VAT certificate with a TRN and are now obligated to collect VAT from your customers on behalf of FTA.
- Voluntary VAT Registration: If your annual turnover is more than Dh 187, 500 but less than Dh 375K, you can voluntarily apply VAT registration. If you choose to register VAT voluntarily, the FTA will issue a VAT certificate with a TRN.
Understanding the VAT registration requirements is crucial. Alpha auditing has experienced accounting professionals who understand the VAT registration process and guide you accordingly. Based on above mentioned categories one can decide to apply for VAT registration. But you need to consider another aspect which is either to apply for single VAT registration or as a TAX group.
Learn about Documents required for VAT Registration in UAE
VAT Registration as a TAX Group
If you own multiple businesses in the UAE and run a group of companies, you can apply for VAT registration as a TAX Group. FTA will issue a VAT certificate with single TRN for the whole group. For VAT registration as a TAX Group, it is essential to have all the companies within UAE.
VAT Registration for International Companies
International companies must register for VAT before selling goods in the UAE. It is mandatory for all the international companies to get a Tax Registration Number (TRN) and mention it on the invoices.
Alpha Auditing is a premier accounting and auditing firm in UAE. We have a team of VAT experts who understand the FTA laws and ensure that all our clients are FTA compliant. If you are looking for VAT registration services in UAE, contact us now!