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Showing posts from June, 2022

Importance of VAT Registration in Company Registration

 Since the implementation of VAT registration services in Dubai by the UAE government, applications from companies across a wide range of sectors, domains, and budgets have been welcomed. Businesses may now register for VAT and acquire their TRN number without going to a physical location. The Federal Tax Authority has set up an online platform to simplify this process. However, before proceeding with the application procedure, you must ensure all of the necessary documentation. You may apply for Vat  registration UAE at any time of the year, provided that the Federal Trade Commission accepts category-wise applications.       International Investors may take advantage of VAT registration services in Dubai.   Even though foreign company owners are not residents of Dubai, they undertake commercial activities in the United Arab Emirates. If you offer products or services in Dubai without having a sponsor responsible for collecting and remitting the VAT due, you will be obliged to

VAT Registration in the UAE - What You Need to Know

  If you are a business owner in UAE, you need to get your business  Dubai vat registration  law that has come into effect from 1st January 2018. Once a company is registered for VAT in Dubai, it must file VAT returns regularly or set by the authority.   VAT Registration  is mandatory for companies and individuals doing business in the UAE if the annual turnover is more than AED 375,000/-.   The VAT registration processes in Dubai involve: Register for VAT Charge VAT on the invoices issued to the clienteles Announce the VAT to the Federal tax authorities through a VAT filing Documents Required for  VAT Registration in Dubai Passport copy or Emirates ID to prove the identity of the authorized party Trade license copy of the company Certificate of Incorporation of the company Certificate of Articles of Association of the company Certificate of Power of Attorney of the company Description of business activities Turnover for the last 12 months in AED Supporting document fo