Streamline process of Vat Registration in Dubai
Prior to submitting their application for VAT registration in Dubai, businesses must select one of two categories based on their yearly turnover. The categories for VAT registration are shown below.
Mandatory VAT Registration – Dh 375K or more in annual turnover.
Voluntary VAT Registration – Yearly turnover of greater than Dh 187,500 but not more than Dh 375K. Finansure offers comprehensive registration services, ensuring that businesses in the UAE and Dubai effortlessly comply with tax regulations. Our expert team simplifies the process, providing guidance and support every step of the way. Trust Finansure for a smooth VAT registration in UAE and Dubai, allowing you to focus on growing your business with peace of mind.
VAT Registrations for International Companies
VAT Registration in Dubai for Amazon Sellers
The Federal Tax Authority (FTA) requires Amazon sellers in the UAE to register for VAT. Before making sales in the UAE, Amazon sellers must register for VAT. According to FTA regulations, businesses in the UAE selling through online channels must charge the standard VAT rate of 5%.Determining VAT Obligations
Amazon sellers should assess their annual taxable supplies to determine whether they exceed the threshold set by the Dubai tax authorities. If the threshold is surpassed, VAT registration becomes mandatory.
Trust Finansure for VAT Registration in Dubai
Compliance Assistance
Our experts provide ongoing support to ensure your business remains compliant with Vat Registration in Dubai including timely filing of tax returns and payments.
Tax Incentives and Exemptions
We help you explore available tax incentives and exemptions that may apply to your business, optimizing your tax position.
Gain Information About VAT Registration in UAE from Our Experienced Handbook
Introduction to VAT in the UAE
VAT (Value Added Tax) was introduced in the UAE on January 1, 2018, at a standard rate of 5%. This tax is applicable to the supply of most goods and services within the country.
Mandatory VAT Registration Criteria
Businesses operating in Dubai are mandated to undergo VAT registration if their annual taxable supplies surpass AED 375,000 (approximately $102,000) within the past 12 months or the next 30 days. The official facilitator for this registration process is the Federal Tax Authority (FTA), the recognized tax authority in Dubai.
Online Registration Process through FTA
Registration is conveniently done online through the FTA website. Businesses need to provide various details during the registration process, including business information, contact details, bank account information, and anticipated taxable supplies.
Post-Registration Responsibilities
Upon successful registration, businesses are obligated to charge VAT on taxable supplies, file periodic VAT returns (typically quarterly or monthly), and settle any VAT liabilities. This process ensures compliance with the established VAT registration in UAE.
Accessing VAT Benefits and Compliance
After approval, businesses receives a number of VAT registration in Dubai , enabling them to issue valid VAT invoices to customers and access input tax credits for eligible business-related purchases. The registration procedure may involve document verification, such as a trade license or business registration.
Consequences of Late Registration
Failure to register for VAT on time may lead to late registration penalties, irrespective of whether the business surpasses the specified threshold. Timely compliance with registration requirements is crucial to avoid financial penalties and ensure adherence to regulatory obligations.
FAQs about Vat Registration in Dubai
VAT registrations is a legal requirement for businesses in the UAE that meet the specified turnover threshold. If your taxable supplies exceed AED 375,000 in a 12-month period, you must register for VAT.
You can start the VAT registration in UAE online through the Federal Tax Authority (FTA) portal in the UAE. Ensure you have all the necessary documents and information ready before applying.
For VAT registration in Dubai Commonly required documents include your trade license, passport copies of the business owner(s), bank account details, and financial statements, among others.
The standard vat registration in uae, including Dubai, is 5%. However, some goods and services may be subject to a zero-rate or exempt from VAT.