VAT Registration in UAE

Service Description

Mandatory VAT Registration: Businesses in the UAE are required to register for VAT if their taxable supplies exceed AED 375,000 over the past 12 months or are expected to exceed this threshold within the next 30 days of the current fiscal year. This mandatory requirement ensures compliance with UAE tax laws and helps businesses manage their VAT obligations effectively. Voluntary VAT Registration: Businesses may also opt for voluntary VAT registration if their taxable supplies or taxable expenses exceed AED 187,500 over the past 12 months or are expected to surpass this limit in the next 30 days of the current fiscal year. Voluntary registration can be beneficial for startups or businesses operating below the mandatory threshold, allowing them to reclaim VAT on expenses and build a tax-compliant reputation. Failing to register for VAT within 20 business days after reaching the mandatory threshold of AED 375,000 can result in a penalty of AED 10,000. This service ensures that businesses are fully compliant with VAT regulations, helping avoid penalties and streamline their financial operations.

Contact Details