VAT Registration in Dubai
VAT registration in UAE for your business entity will depend on the income generated from your business. All businesses operating in the UAE providing goods or services falling in the taxable categories with a yearly revenue exceeding AED 375,000 are required to register for VAT. This type of registration is optional and voluntary for businesses whose annual supplies and imports are valued at less than AED 375,000 but more than AED 187,500. Ledgerworx is one of the leading consultancies in UAE, which offers outstanding VAT registration services in Dubai in addition to VAT deregistration, VAT accounting, VAT return filing, etc.
VAT registration is simple. Simply go to the website of the UAE Federal Tax Authority, create an account, and register your company for VAT. On their website, you can find a lot of information about VAT and contact information if you want to call them. You also have the option of asking us to handle the entire VAT procedure on your behalf and avoiding all the hassle.
Documents Required for VAT Registration in the UAE
Ledgerworx makes it simple to register your company for VAT. To begin the process, all we need from you is a few documents. The documentation you need to register for VAT in Dubai is listed below.
- Trade license copy of the company.
- Passport copy of business owner and partners.
- Copy of the Emirates ID that the owner and partners own.
- Memorandum of Association (MOA) of the company.
- Description of business activities.
- Bank account details.
- Nature of business and activities performed.
- Supporting document for 12-month sales.
- The income statement for the last 12 months or the turnover declaration letter as provided by the FTA.
- Your consent whether you deal with GCC suppliers or customers.
- Expected turnover in the next 30 days.
VAT Registration Process
The applicant must provide the following information on the FTA portal for registering the business under VAT.
- Information about the applicant.
- Contact information.
- Details concerning the bank.
- Information regarding the VAT registration.
- Declaration.
- Submission after verification.