Our Analysis is Your Financial Result.
VAT Registration UAE
The term VAT was first coined by the UAE government, back in 2018. VAT stands for Value Added Tax. Its tax ratio is 5%. it is really very helpful and plays a vital role in fiscal management to a federal extent. Leaving some major impressions on independents, employers, and businesses overall UAE. FTA stands for Federal Tax Authority. The authority came into being under the federal law of 2016, decree # 13. The administration is responsible for taking, managing, and piling up federal tax as well as all VAT fines. On the other hand, the authority is also accountable for generating tax revenues and is answerable for registering the tax plans throughout UAE.
FTA UAE is working with MoF to play a significant role in the betterment of the UAE economy. Their basic purpose is to generate revenue other than oil sources. They are making the UAE stable and also guiding individuals and businessmen regarding tax issues all around the United Arab Emirates.
If you’re new in Business and wants to get rooted in Dubai, doesn’t matter you own a large-scale setup or running a small one, you must register your business under UAE VAT Law. Before moving ahead, we should have a look to VAT entities like:
Why VAT Registration is necessary in Dubai?
For taking care of your business, the most recent addition to the roster of taxes in UAE is very important. Some of the most and basic reasons of why you have to registered for VAT are:
Process of VAT Registration
Now the government has made the process easier through an online procedure, you only need a fast internet connection and a laptop. For VAT registration, simply fill out the VAT Registration form online and submit all necessary documents along the form to get a VAT number. The whole process takes place through an online website. Our Firm is providing VAT Registration Services in Dubai, Sharjah, Ajman, Abu Dhabi, Fujairah and All Over UAE. We are offering:
VAT Registration in Dubai
VAT Registration in Sharjah
VAT Registration in Ajman
VAT Registration in Abu Dhabi
VAT Registration in Fujairah
Required documents for VAT Registration UAE
The required documents listing is given below:
Online VAT registration:
Online registration task can be done through by filling online form which is available on the website of www.tax.gov.ae. While online form filling you need to remember few steps like:
Once applicant submit the online application, FTA will verify all given information and required documents. If FTA found everything satisfactory than your application will be approved and a TRN (Tax Registration Number) is allotted.
