VAT Registration Services in UAE are essential for any business operating in the region, whether newly established or already running. Understanding the nuances of VAT is crucial for ensuring compliance and maintaining smooth business operations. Since its introduction in 2018, Value Added Tax (VAT) has become a key component of the UAE’s fiscal framework.
Navigating VAT registration can be complex, especially for startups. That’s where Unicorn Global Solutions steps in. As a top consulting firm in Dubai, we specialize in offering expert VAT Registration Services in UAE, helping businesses of all sizes register with the Federal Tax Authority efficiently and without hassle.
Who Needs to Register for VAT in the UAE?
VAT registration is required if your taxable supplies and imports exceed the threshold of AED 375,000 annually or are anticipated to do so.
In order to increase financial efficiency and recover VAT on expenses, businesses with taxable imports and supplies below the threshold may choose to voluntarily register.
How To Register for VAT in UAE
Unicorn Global Solutions is happy to help if you wish to register for VAT in the UAE but aren’t sure where to start. We are specialized VAT consultants in Dubai that have been providing companies of all kinds with high-quality VAT registration and UAE tax services.
We understand how important timely registration is. Following legal requirements can help prevent penalties and other issues. Our VAT registration services in Dubai ensure that your application is processed accurately and in compliance with Federal Tax Authority (FTA) standards.
At Unicorn Global Solutions, providing impartial VAT services to clients in the UAE is our main goal. We won’t give up on this principle.
Various VAT Registration Services in UAE
In basic terms, a company in the UAE has the choice between the following two forms of VAT registration:
Mandatory Registration
Businesses are required to register for VAT:
If, throughout the preceding 12 months, the total value of its taxable imports and supplies surpasses the mandatory registration level
if the company anticipates that within the following thirty days, the combined value of its taxable imports and supplies will surpass the mandatory registration threshold.
AED 375,000 is the minimum required for a business to register. However, foreign organizations are exempt from this criterion.
Voluntary Registration
A business may choose to voluntarily register:
If it doesn’t fit the requirements for a mandatory registration,
If the business anticipates that the total value of its taxable supplies, imports, or taxable expenses will exceed the voluntary registration threshold within the next thirty days, or if the business’s taxable supplies, imports, or taxable expenses in the previous twelve months exceed the voluntary registration threshold.
AED 187,500 is the minimum amount required for a company to voluntarily register.
Why You Should Consult Unicorn Global Solutions
In the VAT services and registration market, Unicorn Global Solutions distinguishes itself by combining specialized knowledge, individualized attention, and technologically advanced solutions.
Regardless of the size of the firm, Unicorn Global Solutions has been providing tax and accounting services in a major capacity. The professionals at Unicorn Global Solutions were selected due to their keen understanding of VAT regulations. They are aware of the proper protocol to adhere to when registering in UAE for VAT. For this reason, when it comes to VAT registration in the UAE, Unicorn Global Solutions is the company that businesses should think about first.
In addition to offering VAT registration services in UAE , Unicorn Global Solutions offers a wide range of VAT-related services to assist small, medium, and big enterprises in making the most money possible.
We understand the significance and necessity of VAT Services for each and every UAE company, and deliver a wide range of VAT services
The tax experts at Unicorn Global Solutions are knowledgeable with VAT laws and compliance standards. Our in-depth knowledge of regional tax regulations allows us to offer precise counsel and direction catered to the particular requirements of each client.
We place a high value on individualized service, taking the time to learn about the unique company needs, industry, and VAT requirements of each client. With this strategy, we can provide tailored solutions that optimize effectiveness and reduce the chance of non-compliance.
Our approach to VAT registration is streamlined by using technology to save paperwork and speed up applications. Our knowledgeable staff makes sure that clients have a hassle-free experience by expertly navigating the registration processes. Register right now to take advantages of our VAT offers today. Unicorn Global Solutions is here to help! Text us on whatsApp or call us today .
NOTE:
The above note is subject to further study and clarification. It does not constitute a formal opinion from our end. Before making any decisions based on the above, we recommend consulting our experts on the subject.
Frequently Asked Questions (FAQs)
Businesses must register for VAT if their annual taxable turnover exceeds AED 375,000. Voluntary registration is allowed if turnover or expenses exceed AED 187,500.
Trade License
Emirates ID & Passport of the Owner
Bank Account Details
Contact Information
Income Statement showing taxable turnover
Our experts assist in compiling and submitting all required documents accurately.
The Federal Tax Authority (FTA) usually processes VAT registration applications within 5 to 20 business days, depending on the accuracy of the information provided.
A TRN is a unique 15-digit number issued by the FTA upon successful VAT registration. It is mandatory to include the TRN on all VAT invoices and communications
Failure to register for VAT on time can result in a penalty of AED 10,000 and additional fines for non-compliance. It’s important to apply before crossing the threshold.
