VAT Registration Services in the UAE are in demand for businesses seeking a Tax Registration Number (TRN). To obtain the TRN, businesses are required to undergo the online VAT registration process, which can be initiated by visiting the FTA portal.
Categories of VAT Registration Services
There are two distinct categories for VAT registration services, and businesses must select the appropriate one based on their annual turnover. The categories are as follows:
Considerations for VAT Registration
Before initiating the VAT registration process, businesses should carefully consider factors such as whether to pursue mandatory or voluntary registration, as well as whether to opt for individual or group registration.
Mandatory VAT Registration
As per the FTA, companies or individuals with an annual turnover exceeding AED 375,000 must undergo mandatory VAT registration. This entails implementing VAT, collecting it on behalf of the FTA, and operating under the assigned Tax Registration Number (TRN).
Voluntary VAT Registration
Companies or individuals with an annual turnover between AED 187,500 and AED 375,000 have the option of voluntarily applying for VAT registration. The decision to register or not is entirely at the company’s discretion, and there are specific procedures for obtaining the Tax Registration Number (TRN) in the UAE.
VAT Registration for New Companies
Newly established companies are not obligated to undergo VAT registration unless they anticipate a turnover exceeding AED 187,500. In cases where the turnover is below this threshold, FTA will reject the application, and no Tax Registration Number (TRN) will be issued.
VAT Registration as a Tax Group
Companies conducting business through multiple trade licenses have the option of VAT registration as a tax group. Under this registration, all businesses within the group must be established in the UAE, and a single TRN is issued for the entire group by the FTA
VAT Registration for International Companies
Non-UAE residents selling goods located in the UAE to UAE customers are required to register for VAT, irrespective of their turnover from such sales. International companies selling through online platforms, especially on Amazon in the UAE, must obtain VAT registration before commencing sales.
VAT Registration for Amazon Sellers
Amazon sellers in the UAE are mandated by the Federal Tax Authority (FTA) to register for VAT before initiating sales. This requirement aligns with FTA laws, necessitating businesses in the UAE selling through online channels to apply the standard 5% VAT rate.
UAE VAT Registration in Dubai
The process of VAT registration in the UAE is conducted online, with companies applying through the FTA portal. Certain documents are required for VAT registration, and non-compliance may result in fines and penalties. At 1st Formations, we offer top-notch online VAT registration services in Dubai.
VAT Registration Services in the UAE
1st Formations provides exceptional VAT registration services in the UAE. Our experts will assist in analyzing your turnover to determine if VAT registration is required or if it’s advisable to wait. We handle the entire online VAT registration process, securing the Tax Registration Number (TRN) and your company’s VAT certificate issued by the FTA. For reliable VAT registration services in the UAE, feel free to reach out to us.
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