VAT REGISTRATION IN UAE: A GUIDE BY BMS AUDITING

VAT Registration in UAE: A Guide by BMS Auditing

VAT Registration in UAE: A Guide by BMS Auditing

Blog Article

Since the implementation of Value Added Tax (VAT) in the UAE on January 1, 2018, businesses across the country have had to navigate new regulatory landscapes. At BMS Auditing, we understand that VAT compliance is not just a legal obligation—it’s a critical part of maintaining financial transparency and avoiding penalties. Here's everything you need to know about VAT registration in the UAE.

Who Needs to Register for VAT?

The VAT registration in UAE is mandatory or voluntary depending on your business turnover:

  • Mandatory Registration:
    Businesses with an annual turnover exceeding AED 375,000 must register for VAT.

  • Voluntary Registration:
    Businesses with a turnover of AED 187,500 or more may register voluntarily. This can be beneficial for startups or small enterprises aiming to claim input tax credits.

Documents Required for VAT Registration To register with the FTA, the following documents are typically required: Trade license copyright copies of business owner/partners Emirates ID copies Company’s contact details Bank account details Income statement for the last 12 months Projected revenue for the next 30 days Details of business activities Final Thoughts

VAT compliance is essential for maintaining a trustworthy and transparent business in the UAE. If you haven’t registered for VAT yet or need assistance managing your VAT obligations, BMS Auditing is here to help.

Contact us today for expert VAT registration services across the UAE.

 

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