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How to Apply for VAT Registration in UAE

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The Vat Consultant

Do I Have to VAT Registration UAE?


One of the most important things to remember when it comes to Value Added Tax is that you need to be registered in order to charge it. You can do this by visiting the HMRC website and following the instructions there. Once you are registered, you will be given a vat registration number which you will need to display on all of your invoices. You will also need to keep careful records of all of your sales and purchases in order to be able to file your VAT returns correctly.


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Does My Business Need to Be VAT Registered?

 

There are a few things to consider when deciding whether or not to register for VAT. The first is your turnover. If your business has a turnover of more than £85,000 in a 12 month period, you will need to register for VAT. You may also need to uae vat registration for VAT if you are buying goods from other countries that are subject to VAT.

 

Another thing to consider is whether or not you think you can recover the VAT you will be charged on your purchases. If you are registered for VAT, you can claim back the VAT you have paid on your business expenses. This can be a significant saving.

 

VAT registration Deadlines in UAE

 

As a move towards implementation of VAT in UAE on 1st January, 2018, the Federal Tax Authority (FTA) is inviting applications for vat registration uae. VAT will be levied on most supplies of goods and services in the UAE at a rate of 5%. However, certain supplies will be exempt from VAT or subject to a 0% rate. To register for VAT, businesses must have a UAE Trade License or be registered with the Chamber of Commerce. Businesses can register for VAT online through the FTA website.

 


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