In the UAE, Takalief offers the top VAT registration services. We will assist you in determining whether you should register for VAT or wait by examining your turnover. Takalief will submit an online application for VAT registration on your behalf, obtaining the Tax Registration Number (TRN) and VAT certificate from the FTA.
Solutions for VAT Registration in Dubai UAE
Value Added Tax (VAT) was implemented in the UAE in January 2018 at a rate of 5%. VAT is essential to the management of government finances. It has an effect on both people and businesses in the UAE. The parent organization in charge of monitoring and collecting federal taxes and related penalty is the Federal Tax Authority (FTA). In short, FTA aims to strengthen the nation’s financial stability. VAT compliance requires the assistance of specialists, which is a laborious process. The benefits of using a VAT registration service in the UAE are numerous. If you’re operating a business in the UAE, the significance of VAT registration cannot be simply disregarded. We’re a trustworthy and knowledgeable company provides VAT registration service in Dubai.
According to the VAT law, entities have to be registered.
Whether your company is big, medium-sized, or tiny, if you operate a business or are going to open one in the UAE, you must register under the VAT legislation. The money earned determines the registration category for commercial entities. One must fill out the VAT registration form online and submit it with the required supporting documentation to begin the VAT registration procedure in the UAE. The submission procedure is completed entirely online.
Essential documents required for the registration
Businesses must provide all the necessary documentation for VAT Registration in order to obtain the Tax Registration Number (TRN). The following documents are needed for VAT registration in order to register online:
- Copy of Trade License. (should not be expired(
- Passport copy of the owner/manager who owns the trade license. (should not be expired(
- Emirates ID copy of the owner/manager who owns the trade license. (should not be expired(
- Contact Details of the company. (P.O Box and complete address such as building & area(
- Memorandum of Association (MOA) – (not mandatory for sole establishments(
- Concerned person’s contact details. (Mobile Number, Designation, Email Address(
- Bank Details of the company. (Must be company’s bank account – Individual’s bank account will not be accepted) – (Account Name, Account Number, IBAN, Bank Name, Branch Name) – OPTIONAL;
- Turnover declaration for the last 12 months. (should be signed and stamped by the owner of the company and must be printed on the company’s letterhead);
- Expected revenue & expense for next 30-days after getting the Tax Registration Number (TRN(
- Is the business dealing with the customs department? If yes, then attach a customs letter.