Corporate Tax & VAT
Corporate Tax & VAT Services: UAE VAT Registration Assistance & Tax Consultancy
Ensure Your Business Complies with UAE’s Tax Regulations
Starting a business in the UAE involves understanding and complying with the country’s tax requirements. Our team of experts will guide you through the entire process of VAT registration and securing individual or corporate tax residency certificates from the Federal Tax Authority (FTA).
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Our VAT & Tax Consultancy Services
At our firm, we offer comprehensive VAT and tax consultancy to help your business navigate the UAE’s tax laws with ease. Our team of highly experienced and qualified accountants will guide you through the VAT registration process and ensure your business stays compliant with tax regulations.
VAT Registration Assistance:
We offer professional assistance in registering your business for VAT with the FTA. Our team will analyze your invoices, quotations, contracts, and purchase orders to determine if your business qualifies for mandatory or voluntary VAT registration.
Mandatory Registration
If your company’s taxable goods and services exceeded AED 375,000 in the last 12 months or are anticipated to exceed this amount in the next 30 days, you must register for VAT.
Voluntary Registration
If your company’s taxable goods and services exceeded AED 187,500 in the last 12 months or are expected to exceed this in the next 30 days, you may opt for voluntary registration.
Important to Know:
- If your company's taxable supplies are below AED 187,500, VAT registration is not mandatory.
- Once your company exceeds the mandatory threshold, you have 20 working days to submit your VAT application.
- A corporate bank account is required to facilitate the registration process.
Our VAT & Tax Services Include:
1. Tax Residency Certificate
Our tax advisors will assist you in obtaining an individual or corporate tax residency certificate from the Federal Tax Authority.
2. FTA Portal & Documentation Assistance
We will guide you in creating an online account with the FTA and assist you in submitting all required documents in the mandated formats.
3. VAT Registration (TRN)
Our accountants will help you with VAT registration through the FTA, ensuring you meet all necessary requirements. Once registered, you will receive your unique Tax Registration Number (TRN).
4. Tax Consultations
Our experts offer one-on-one consultations, providing personalized tax planning advice to ensure your business maximizes its tax efficiency while maintaining full compliance with UAE tax obligations.
5. VAT Returns
We assist in preparing your quarterly VAT returns, helping you determine whether you owe VAT or are entitled to a refund.
A Guide to VAT Compliance in the UAE
Since the introduction of VAT in the UAE in 2018, businesses must comply with VAT regulations, including registration, reporting, and remitting taxes. Here’s everything you need to know about VAT in Dubai.
What is VAT?
VAT, or Value Added Tax, is a consumption tax levied on most goods and services sold in Dubai and the UAE. The tax is typically paid by the customer, and businesses are required to collect and remit it to the government.
Why VAT Was Introduced
VAT was implemented to provide an alternative revenue source, helping reduce the government’s reliance on oil revenue. The UAE government uses VAT funds to provide essential public services like healthcare and infrastructure.
7 Things You Must Know About VAT in Dubai
VAT Rate
VAT is applied at a flat rate of 5% on most taxable goods and services. Businesses must charge VAT on taxable supplies and remit it to the government.
Zero-Rate VAT
Some services and goods are subject to a 0% VAT rate. This includes exports outside the GCC, international transportation, and certain healthcare and educational services.
VAT Exemptions
Certain services are exempt from VAT, such as financial services, supply of residential property, and local public transportation.
Registration Requirement
Businesses must register for VAT if their taxable supplies exceed AED 375,000 annually. Voluntary registration is available for businesses exceeding AED 187,500 in taxable supplies.
VAT Refunds
Businesses can reclaim VAT paid on certain purchases (Input Tax), effectively reducing their overall VAT liability.
VAT Registration Process
To register, create an e-service account with the FTA. Once your application is approved, you will receive your Tax Registration Number (TRN), and you will be obligated to track taxable supplies and file VAT returns.
Online VAT Filing & Payment
VAT returns must be filed electronically with the FTA within 28 days after the end of the tax period. Late filings may incur penalties, and payments can be made online via credit card, eDebit, or bank transfer.
Why Choose Us for VAT & Tax Consultancy?
Our expert team simplifies the VAT registration process, ensuring your business meets all compliance requirements. Whether you’re a small business or a large corporation, we provide tailored solutions to make your VAT experience seamless.
Book a Free Consultation and get started with VAT registration today!
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