Finance

Step By Step Guide To UAE VAT Registration Process

Step By Step Guide To UAE VAT Registration Process

If you are a business owner in the United Arab Emirates, then you will need to Vat Registration UAE will be levied at a standard rate of 5% on the supply of most goods and services in the UAE. There are some items that are exempt from vat registration in Dubai, such as healthcare and education. . The process of vat registration Dubai is relatively simple and can be done online. In this blog post, we will walk you through the steps of registering for VAT online. We will also provide some tips on how to make the process as smooth as possible. Let’s get started!

How to Apply for VAT Registration

The UAE introduced Value Added Tax (VAT) on 1st January 2018. Businesses with a turnover of more than AED 375,000 must vat registration UAE. The Federal Tax Authority (FTA) has opened an online portal to make the registration process easier for businesses. After registration, businesses will be provided with a Tax Registration Number (TRN). They will use this number to file their VAT returns and make payments.

VAT-registered businesses must charge VAT on the goods and services they supply. They can recover the VAT they have paid on their own business expenses. Businesses must keep proper records of their sales and purchases, and submit regular VAT returns to the FTA.

VAT will be levied at a standard rate of 5% on the supply of most goods and services in the UAE. There are some items that are exempt from VAT, such as healthcare and education.

Creation of e-Service Account
Login to your e-Service Account
VAT Registration Form: The online VAT registration form contains 8 sections as shown below, in under which the details need to be furnished for completing VAT registration

About the applicant
Details of the applicant
Contact details
Banking details
Business relationships
About the VAT registration
Declaration
Review & submit

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