VAT REGISTRATION IN THE UAE – A COMPLETE GUIDE BY BMS AUDITING

VAT Registration in the UAE – A Complete Guide by BMS Auditing

VAT Registration in the UAE – A Complete Guide by BMS Auditing

Blog Article

Since the introduction of Value Added Tax (VAT) in the UAE on January 1, 2018, businesses operating in the country have been required to comply with the Federal Tax Authority (FTA) regulations. VAT registration is one of the key obligations, and failure to comply can result in penalties. At BMS Auditing, we assist companies in navigating the VAT registration process with ease and accuracy.

Who Needs to Register for VAT in the UAE?

Businesses must register for VAT with the FTA under the following conditions:





  • Mandatory Registration: Annual turnover exceeds AED 375,000.




  • Voluntary Registration: Annual turnover or expenses exceed AED 187,500.




  • Non-resident businesses: Required to register if they provide taxable supplies in the UAE and no UAE-based agent is handling the tax.




Documents Required for VAT Registration

For VAT registration in UAE, the following documents are generally needed:





  • Trade license(s)




  • copyright copies of the owner/partners




  • Emirates ID copies




  • Contact details of the business




  • Bank account details




  • Financial records (turnover proof)




  • Customs registration details (if applicable)




How BMS Auditing Can Help


BMS Auditing is a registered tax agent in the UAE and provides end-to-end VAT services, including:





  • Eligibility assessment for VAT registration




  • Preparation and submission of VAT registration applications




  • Ongoing VAT return filing and advisory




  • Support during FTA audits and inquiries




  • VAT training for staff




Our team of tax experts ensures your business meets all legal requirements while avoiding unnecessary penalties.

 

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