How to Register for VAT in UAE for New Company

--

VAT registration

Registering for Value Added Tax (VAT) in the UAE for a new company involves several steps. Here is a general guide to help you through the process:

Step 1: Determine Eligibility

Threshold Check:

  • Confirm whether your business meets the mandatory or voluntary registration thresholds.

Step 2: Gather Required Documents

Collect Documentation:

  • Gather necessary documents such as trade license, Emirates ID, passport copies, bank account details, memorandum of association (MOA), financial statements, and business address proof.

Step 3: Create an e-Services Account

Create an Account:

  • Register for an e-Services account on the Federal Tax Authority (FTA) portal.

Step 4: Access the VAT Registration Form

Access VAT Registration Form:

Step 5: Complete the Registration Form

Fill in Details:

  • Provide accurate information about your business, including trade license details, ownership information, financial data, and business activities.

Step 6: Attach Required Documents

Upload Documents:

  • Attach the necessary documents as specified in the registration form.

Step 7: Review and Submit

Review Information:

  • Double-check all details for accuracy and completeness.

Submit Application:

  • Submit the VAT registration application through the e-Services portal.

Step 8: Await Approval

Wait for Confirmation:

  • The tax authorities will review your application. Once approved, you will receive a Tax Registration Number (TRN).

Step 9: Set Up Accounting Systems

Update Systems:

  • Implement accounting systems to track and manage VAT transactions.

Step 10: Commence VAT Invoicing

Start Invoicing:

  • Once registered, issue VAT-compliant invoices to customers.

Step 11: Submit Periodic VAT Returns

File Returns:

  • Regularly submit VAT returns as per the specified schedule.

It’s important to note that these steps provide a general overview, and specific requirements may vary based on the business type and activities. For precise guidance, consider consulting with a tax professional or referring to the latest guidelines provided by the Federal Tax Authority (FTA) in the UAE.

--

--

Ads International Corporate Tax Consultants
0 Followers

Ads International is a team of Expert Corporate Tax Consultants in Dubai, UAE. Top-notch tax services for your business success.