- 2 UAE VAT Registration Services – Online VAT Registration Services
- 2.1 Types of VAT registration services
- 2.2 Compulsory VAT registration
- 2.3 Voluntary VAT registration
- 2.4 VAT registration of a new company
- 2.5 VAT registration as a tax group
- 2.6 VAT registration for international companies
- 2.7 VAT registration for sellers on Amazon
- 2.8 UAE VAT registration in Dubai
- 2.9 UAE VAT Registration Services
UAE VAT Registration Services – Online VAT Registration Services
VAT registration services in the UAE are required by businesses that need a Tax Registration Number (TRN). To obtain a TRN, businesses must apply for VAT Registration Services In Dubai. The online VAT registration process can be initiated by visiting the FTA’s online portal.
Types of VAT registration services
There are two types of VAT registration services, and before applying for VAT registration businesses choose a category that is determined by their annual turnover. The VAT registration categories are as follows:
Compulsory VAT registration – annual turnover over 375 thousand dirhams
Voluntary VAT registration – annual turnover greater than 187 500 dirhams but less than 375 000 dirhams
There are many factors for businesses to consider before applying for VAT registration, such as whether to apply for mandatory VAT registration or voluntary VAT registration.
Compulsory VAT registration
According to the Federal Tax Authority (FTA), companies or individuals with an annual turnover of AED 375,000 or more must apply for VAT registration and obtain a Tax Registration Number (TRN) to do business in the UAE. They must apply VAT and collect VAT on behalf of the ACL. This is called compulsory VAT registration in the UAE.
Voluntary VAT registration
According to the Federal Tax Authority (FTA), companies or individuals with an annual turnover of more than AED 187,500 but less than AED 375,000 can voluntarily apply for VAT registration and voluntarily obtain a Tax Registration Number (TRN). It is up to the company to decide whether to register. In either case,, there will be no problem. There is an established procedure for applying for a tax registration number (TRN) in the UAE.
VAT registration of a new company
VAT registration is not necessary for a new company. Newly established companies do not require VAT registration services in the UAE. VAT registration for a new company is only applicable where the company expects a turnover of AED 187,500. Below this turnover, they do not need to register as the FTA will reject their application for VAT registration and will not issue a Tax Registration Number (TRN).
VAT registration as a tax group
VAT registration as a tax group depends on the number of businesses operating with multiple business licenses. To register as a tax group, all companies must be established in the UAE. FTA will issue a TRN for the entire group of companies.
VAT registration for international companies
If you are a foreign person selling goods located in the UAE to a UAE customer, you will need to register for VAT regardless of the amount of turnover from those sales.
International companies must register for VAT and obtain a VAT number before they can sell in the UAE through Amazon. VAT registration is mandatory for international companies selling through Amazon in the UAE.
VAT registration for sellers on Amazon
VAT registration for Amazon sellers in the UAE is mandatory by the Federal Tax Authority (FTA). Amazon sellers must register for VAT purposes before they can sell in the UAE. More and more companies are going digital and starting to sell their business on e-commerce platforms. Under FTA laws, UAE businesses that sell through online channels must charge the standard VAT rate, which is 5%.
UAE VAT registration in Dubai
VAT registration in the UAE is an online process. Businesses wishing to register for VAT apply for VAT registration on the FTA’s online portal. Various documents are required for VAT registration. In case of non-compliance with VAT requirements, FTA will impose VAT fines and penalties. Xact Auditing offers the best online VAT registration services in Dubai.
Fine for late VAT registration – AED 10,000
UAE VAT Registration Services
Xact Auditing provides the best VAT registration services in the UAE. We will help you analyze your turnover to register for VAT or wait. Xact Auditing will apply for VAT registration online and obtain a Tax Registration Number (TRN) for your company along with your company’s VAT certificate issued by FTA. For VAT registration services in the UAE.