The Federal Tax Authority (FTA) has provided clear guidelines and a list of documents required for VAT Registration in Dubai, UAE. To get a Tax Registration Number (TRN) for the business, one has to fulfill the requirements stated by the Government.
It is mandatory for all businesses to register VAT if the taxable supplies and imports exceed the defined amount of AED 375,000. Another option is to register VAT voluntarily if the taxable expense or imports is more than AED 187,500.
List of Document Required for VAT Registration in UAE
To get Tax Registration Number (TRN) and Tax registration certificate, it is essential to submit all the document required for VAT registration listed below:
- Copy of Trade License (must not be expired).
- Passport copy of the owner/partners who own the license (must not be expired).
- Copy of Emirates ID of the owner/partners who owns the license (must not be expired).
- Memorandum of Association (MOA) – (not required for sole establishments).
- Contact details of the company (complete address and P.O Box).
- Concerned person’s contact details (Mobile Number and E-mail).
- Bank Details (Account Number, Account Name, Bank Name, Branch Name & IBAN).
- Turnover Declaration for the last 12 months (must be signed, stamped and printed on company letterhead).
- Business is doing export and import
- Business is dealing with any custom department? If yes, then attach the VAT Registration Letter.
Federal Tax Authority (FTA) has clearly defined the procedure on how to upload the required documents for VAT registration via online portal. Once all the documents are submitted to FTA, it takes 2-3 working days to review the VAT application. After verification FTA will issue the Tax Registration Number (TRN)
Documents required for Tax Group Registration
FTA offers Tax Group Registration for people who own multiple businesses. If you have 50% share in more than one business, you are eligible to apply for TAX Group Registration. After submitting all the required documents for tax Group Registration, FTA will issue a single Tax Registration Number (TRN) for the whole Group. It provides ease in terms of manager Taxes.
Registering as a TAX Group
To apply for Tax Group registration only one representative company should submit the application on behalf of the group. Also, the representative company either already has a TRN or should apply for VAT registration at the time of submitting the Tax Group Registration application.
Alpha Auditing is an auditing and accounting firm in Dubai, UAE. We have highly qualified Tax consultants and professionals who understand the UAE Tax laws. We provide a range of VAT services in Dubai starting from VAT registration, getting TRN for the company and VAT return filing. It is extremely important to follow the procedure defined by FTA to avoid VAT fines and penalties. If you are looking for VAT services in UAE, contact us now!