VAT Tax Registration in the UAE
Value Added Tax (VAT) is a type of indirect tax which is levied on the consumption of goods or services at the point of sale. Ever since January 1st, 2018, the UAE government has been charging a 5% rate VAT on the sale of various goods and services in the Emirates.
All business owners in the UAE of small, medium, or large businesses who are applicable must register under VAT law.
The Best Tax and Financial Services in Dubai
Here at Forever Rich UAE, we are experts in accounting, bookkeeping, financial, and tax services. We can help you quickly and effectively complete the Value Added Tax (VAT) registration process, so you don’t have to worry about it yourself!
Understanding tax policies can be confusing for those who are not familiar with the way that the laws work. Hence, we at Forever Rich UAE guide you through the entire VAT registration process, which includes:
At Forever Rich UAE, we understand how overwhelming it can be to navigate the rules and policies associated with VAT taxes and registration in the Emirates. Which is why we are here to help. We guide you through the VAT registration requirements, undertake the registration process for you, as well as liaising with the FTA authorities to ensure that all VAT laws are implemented correctly. Not only do we help you through the tax registration process for your business in Dubai, but help you find the best opportunities to optimize your VAT position and potentially request an exception from registration or restructure the transactions to opt for VAT grouping which will allow the group companies to transact tax-free within the group.
VAT deregistration in UAE allows a taxable person or a business to cancel their VAT registration and suspend their Tax Registration Number (TRN). Here at Forever Rich UAE, we will explain the entire tax de-registration process to you and advise you on whether you are in the right position to opt for de-registration. Only the businesses and individuals who are registered under Federal Tax Authority (FTA) can de-register from VAT. In the event that you are eligible to opt for tax de-registration, our expert tax advisors will take care of all the paperwork and processes for you!
(Tax Agency Number: 30004980) in accordance with the Federal Law No. (7) of 2017 on Tax Procedures in the UAE which describes the appointment of a Tax Agent, & a Tax Agent’s registration procedure & conditions that must be fulfilled for registering a Tax Agent in the Register.
Contact us today for help on all of your VAT registration and de-registration needs!
Discover how easy it is to get started with us at Forever Rich UAE, and how quickly you can improve your financial position!
We have a wealth of experience across a variety of sectors. We understand the inner workings of your industry and can help overcome what’s holding you back.