VAT Deregistration in UAE

VAT Deregistration in UAE VAT Deregistration in UAE is an online process. Businesses and individuals who are registered under Federal Tax Authority (FTA) can de-register from VAT in two situations: If their turnover did not exceed AED 187,500 in the 12 months after registering with the FTA, they must apply for the VAT Deregistration. If Read more about VAT Deregistration in UAE[…]

VAT Registration in Dubai Extended

VAT Registration in Dubai The Federal Tax Authority (FTA) has urged all businesses sectors to complete their VAT registration for Value Added Tax (VAT) purposes as soon as possible in order to avoid VAT fines and penalties. The FTA confirmed that the online VAT registration process is continuing, and that other businesses who did not Read more about VAT Registration in Dubai Extended[…]

VAT Accounting in Dubai

VAT Bookkeeping – VAT Accounting Services in Dubai

VAT Accounting Services in Dubai Since the VAT in UAE came into effect from this year, it is mandatory for every taxable person to maintain books of accounts under the VAT law.  In addition to that the Federal Tax Authority (FTA) can ask for additional documents such as, annual accounts details, general ledgers, purchase day books, invoices Read more about VAT Bookkeeping – VAT Accounting Services in Dubai[…]

VAT’s Up – Any Questions?

Value Added Tax (VAT) came into effect from January 01, 2018 and VAT is very new for the people of UAE.  The sharp drop in the oil prices left no option for the GCC countries other than to look at the taxation model.  At the end of each tax period, VAT registered businesses must submit a VAT Read more about VAT’s Up – Any Questions?[…]

VAT in UAE

VAT in Dubai

VAT in Dubai From 2018, businesses must start collecting VAT in Dubai UAE. VAT is a form of tax on the consumption or use of goods and services levied at each point of sale. VAT is a form of indirect tax and is used in more than 180 countries around the world. The end-consumer ultimately Read more about VAT in Dubai[…]

VAT

VAT Rates in UAE

VAT Rates in UAE There are three types of VAT Rates in UAE. The standard VAT rate in UAE is 5 percent. The other two VAT Rates in UAE are 0 percent and exempted VAT.  There are currently three major VAT rate brackets. Depending on the supply carried out by the businesses, these will be VAT-able Read more about VAT Rates in UAE[…]

VAT in UAE

How to apply for online VAT Registration in UAE?

UAE Online VAT Registration There is a criteria for online UAE VAT Registration. All the taxable businesses must complete VAT Registration and get the TRN to collect VAT in UAE.  Once the registration is open, the steps to be taken to complete the VAT registration are outlined below: 1. Create a new account to login a. Provide name and Read more about How to apply for online VAT Registration in UAE?[…]

VAT Registration in UAE

Online VAT Registration in UAE

Online VAT Registration in UAE VAT will be implemented from 1st January 2018. Online VAT Registration in UAE has been started for the businesses to get register and get the Tax Registration Number (TRN).  SAB will assist you to get the Tax Registration Number (TRN) for your business.  As per the latest information available from the Federal Read more about Online VAT Registration in UAE[…]

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