Online VAT Registration UAE | How to apply for Tax Registration Number
Online VAT registration in UAE is available on the Federal Tax Authority web portal to get the Tax Registration Number (TRN). Xact Auditing is offering VAT registration services and Tax Group registration services.
A business must apply for VAT registration if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000. Furthermore, a business may choose to register for VAT voluntarily where the total value of its taxable supplies and imports (or taxable expenses) is over the voluntary registration threshold of AED 187,500.
Types of Online VAT Registration in UAE
Any business which exceeds mandatory or voluntary registration thresholds may be required or may be able to register for VAT.
a) Mandatory VAT Registration
b) Voluntary VAT Registration
Mandatory VAT Registration in UAE
Business must apply for mandatory VAT registration if:
The total value of its taxable supplies and imports exceeds the mandatory registration threshold over the previous 12 months, or
The business anticipates that the total value of its taxable supplies and imports will exceed the mandatory registration threshold in the next 30 days.
The mandatory registration threshold is AED 375,000. This threshold does not apply to foreign businesses.
Voluntary VAT Registration in UAE
Businesses in UAE can also apply for voluntary VAT registration if:
The total value of its taxable supplies and imports or taxable expenses in the previous 12 months exceeds the voluntary registration threshold, or
The business anticipates that the total value of its taxable supplies and imports or taxable expenses will exceed the voluntary registration threshold in the next 30 days.
The voluntary registration threshold is AED 187,500.
VAT Registration for Amazon Sellers
VAT registration for Amazon sellers in UAE is mandatory by the Federal Tax Authority (FTA). Amazon sellers must register for VAT before start making sales in UAE. More and more businesses are moving towards digital platforms and start selling their business on e-commerce platforms.
How to apply for Tax Registration Number (TRN)?
Federal Tax Authority (FTA) has introduced an online portal for VAT registration in UAE to facilitate the businesses in UAE to get the Tax Registration Number (TRN).
For all the businesses in UAE, it is extremely important to know how to apply for online VAT Registration and must know the documents required for VAT registration to complete the online registration VAT registration.
The step by step method to apply for online VAT registration is:
- Create an e-Service Account (Sign up with your E-mail and set up a password)
- Login to your e-Service Account (Sign in with your E-mail and password)
- VAT Registration Form: Online VAT registration application consists of eight (8) sections as shown below, you need to put all the details and attach all the required documents in order to complete the VAT registration.
- (Section – 1) – About the applicant
- (Section – 2) – Details of the applicant
- (Section – 3) – Contact details
- (Section – 4) – Banking details
- (Section – 5) – Business relationships
- (Section – 6) – About the VAT registration
- (Section – 7) – Declaration
- (Section – 8) – Review & submit
Read More: Procedure to apply for Tax Registration Number (TRN) UAE
It will usually take 3-5 working weeks for FTA to review VAT registration application and issue Tax Registration Number (TRN).
Xact Auditing will help your company in online VAT registration by providing best VAT services. A single minor error will leads to the rejection of your VAT registration application and may attract a VAT fines from Federal Tax Authority (FTA).
Xact Auditing will assure that your company will get the Tax Registration Number (TRN) at the earliest and without attracting any VAT fines. So that you can run your business smoothly and efficiently without disturbing any of the functions of your company. For online VAT registration services in UAE, Contact us.
Xact Services
great and also fantastic blog site. I really intend to thank you, for giving us far better information.
Thank you very much!