VAT REGISTRATION IN UAE: A COMPREHENSIVE GUIDE BY BMS AUDITING

VAT Registration in UAE: A Comprehensive Guide by BMS Auditing

VAT Registration in UAE: A Comprehensive Guide by BMS Auditing

Blog Article

The introduction of Value Added Tax (VAT) in the UAE on January 1, 2018, marked a significant shift in the country’s tax landscape. With a standard VAT rate of 5%, the UAE government implemented this tax to diversify revenue sources and reduce reliance on oil income.

At BMS Auditing, we provide expert advisory services and VAT registration in UAE to help businesses stay fully compliant with Federal Tax Authority (FTA) regulations.

Who Must Register for VAT in the UAE?

VAT registration can be either mandatory or voluntary, depending on your business’s taxable turnover:

  • Mandatory VAT Registration:
    Businesses with annual taxable supplies and imports exceeding AED 375,000 must register for VAT.

  • Voluntary VAT Registration:
    Businesses with taxable supplies and imports exceeding AED 187,500 can opt for voluntary registration.

  • Non-Resident Businesses:
    Any foreign entity making taxable supplies in the UAE is required to register for VAT, regardless of turnover.

Required Documents for VAT Registration

To complete VAT registration with the FTA, the following documents are generally required:

  • Copy of trade license(s)

  • copyright and Emirates ID of the owner or partners

  • Company contact details (email, phone number, address)

  • Bank account details (IBAN)

  • Income statement for the last 12 months

  • Estimated revenue for the next 30 days

  • Description of business activities

How BMS Auditing Can Help

At BMS Auditing, we simplify the VAT registration and compliance process. Our team of tax experts offers:

  • End-to-end VAT registration support

  • VAT return preparation and filing

  • Compliance audits and health checks

  • Advisory on tax planning and structuring

  • Representation in FTA communications or disputes

Whether you're a startup, SME, or multinational, our VAT specialists ensure you stay compliant and penalty-free.

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