Our people make us different energetic about supporting and challenging our clients in equal measure. We’re passionate about making a measurable impact in all we do. Our unique culture and approach deliver enduring results, true to each client’s specific situation.
We care for our clients’ business as our business. We think and act like business partners, not just tax advisors. We share our clients’ aspirations, work to understand their reality, and align our processes with your objectives. We Provide Complete VAT Consultancy Services in UAE.
We provide a personalised, simple and cost-effective service. You won’t require any knowledge of local laws and you can benefit from our VAT consultants in UAE to obtain the TRN number and other registrations you require as quickly as possible.
A proper bookkeeping is vital to any business. We make it our mission to ensure that as an accounting outsourcing partner, the financial transactions and records of the company are kept up-to-date and accurate allowing key decision makers to rely on management reports.
Our dedicated Tax consultants will prepare the VAT Returns on behalf of your company, in accordance with the provisions of UAE Federal Tax Authority and helps to file the VAT returns due to FTA before the time frame specified by the UAE VAT Law.
Audit & Assurance Services
We offer audit and assurance service to all kinds of businesses from all sectors in UAE and based anywhere in UAE including the free zones like JAFZA, DAFZA, JLT, DMCC, DSO, RAK Free Zone, UAQ Free Zone, SAIF ZONE, etc
Management Consultancy Services
We provide all kind of Management Consultancy services starting from company formation, office setup, business account opening, PRO services, all kind of Marketing Services , etc.
Corporate Finance Services
Our Corporate Financial experts provide you tailor made corporate financial packages suitable to the growth of your business with minimal and hassle free documentation.
WHY CHOOSE US
VAT CONSULTANCY SERVICES IN UAE
Our dedicated team of professionals brings an informed perspective to each challenge, calling upon years of benefits experiences in a variety of businesses and industries, and combining their talents and tenacity, insights and intuitions, creativity and practicality.
BEST REFERENCES DRAWN
Consultants @VAT Registration UAE are subject matter experts. While taxation is a subjective issue, our solutions stand test of theory and application.
BEST INDUSTRY KNOWLEDGE
We have an experienced team of Chartered Accountants, VAT consultants in Dubai & financial Consultants, who have several years of industry knowledge and expertise, and always committed to use their expertise to our clients growth.
Each client and each business is different. Our expertise of VAT Consultancy Services in Dubai lies in delivering the tailor made solution that suits your present and future business requirements.
Value Added Tax(VAT) IN UAE
On 1st January 2018, Value Added Tax (VAT) was introduced in UAE. The Federal Tax Authority(FTA), imposed 5% VAT on all goods and services sold in UAE. VAT is an indirect form of tax and end-consumers are the ultimate cost bearers. The businesses collects the VAT on behalf of Government at each point of sale.
Criteria For VAT Registration In UAE. As UAE Federal Government introduced Value Added Tax (VAT) in UAE on 1 January 2018, businesses comes under following criteria’s are supposed to register for VAT.
(a)It is mandatory to register for VAT if businesses taxable supplies and imports exceeds AED 375,000 per annum.
(b)It is optional for businesses whose supplies and imports exceed AED 187,500 per annum. A business house collects 5% VAT form end-consumers and pays its to UAE Federal Government.
At the other end , they are eligible for a refund from FTA for the VAT they already paid to their suppliers. Steps for VAT Registration In UAE. In order to start VAT registration process, a business house needs to create an e-services account with FTA.
Once you login to your account, you need to provide all your company details like, Company Name, Management Details, Contact Details etc. And also need to upload all legal documents related to your company, as a proof to validate the details you provided. Below mentioned are the steps for VAT Registration In UAE.
How To Register For VAT?
VAT Registration in UAE, is done through the eServices section on the FTA website.
However, to start the process, they need to create an account first.
After creating the account, user need to login to the FTA eServices portal & need to submit all the legal & financial documents required for TRN Validation. Our experienced team of VAT Consultants in Dubai can guide you through all the process.
Kindly follow the below mentioned simple steps to finish the VAT registration process in UAE
1, Create an e-Services Account.
2, Login to e-Services Portal.
3, Adding a new taxable person account (who is not yet registered) to my account.
4, Enter all legal information about company like, Trade License Number, TL Validity, Signatory Details, etc. on its specified places.
5, Enter Office Location, Contact Details etc.
6, Upload all supporting legal documents like TL, MOA, Passport Copies Of Signatory, etc as mentioned in the portal.
7, Enter Uptodate financial details of the company as per FTA requirement.
8, Upload all supporting financial documents as mentioned in the portal for verification.
9, Save & review the application.
10, Submit your VAT Registration application.
You can access FTA e-Services portal by clicking below mentioned link.
If you still finding difficulties in VAT registration, you can contact our Tax Consultant in UAE, Mr. Anderson ( +971 54 5881515 )
Documents Required For VAT Registration in UAE
1, Trade license of business house.
2. Certificate of incorporation or registration certificate, if applicable.
3. Memorandom of association/ Article of association/ partnership agreement or any other document to show the management details about the business.
4. Passport and emirates ID copy of the manager
5. Signatory details.
6. Physical office address of the business house.
7. Contact details of the company.
8. Bank account details of the company.
9. Directories/ partners other business relationships in UAE in last five years along with their trade license copies.
10.Declaration from business house about: a, Details about business activities of the applicant b, Financial transaction values estimation c, Last 12 months turnover details with supporting document d, Details about Expected turnover details in next 30 days e, Details about Expected exempt supplies details f, Details about Imports and Exports g, GCC activities of the business, if applicable h, Details about customs registration, if applicable
Common Mistakes In Vat Registration
VAT registration is the first step to get TRN number for a business house. So the information that you provides at the time of VAT registration should be proper. A small mistake at the time of VAT registration will leads to rejection & ultimately it delays your TRN number. Below mentioned are the common mistakes happening at the time of VAT registration
1. Difference in English & Arabic trade name from trade license.
2. Mistakes in signatory name
3. Insufficient documents to prove the managerial powers.
4. Wrong informations on declaration page
5. Failure to provide supporting documents like sales orders, sales invoices, purchase orders, purchase invoices etc.
How to validate TRN (Tax Registration Number) in UAE?
Every VAT registered Person/Business will get a unique VAT Registration number.
An invoice will became a valid TAX invoice, only if they mention VAT Registration number on their supplies.
VAT registration number is very crucial at the time of VAT computation and VAT Return filing in UAE.
By validating TRN number, merchants who want to claim credit on input tax can make sure that the VAT number that they provided at the time of VAT return filing is valid.
So it is very important to validate TRN Number before entering the supplier or customer details.
consumers can also check the validity of TRN number, so that they can make sure that dealer /retailer are eligible to charge VAT on supplies and stay away from fake TRN numbers.
TRN validation can be done by any person/business in UAE, using the facility available in FTA portal.
For using this facility, there is no need to login to FTA site.The TRN number Verification service is easy, accurate and seamless.
Consumers or business men can enter the TRN number found on their invoices on the “TRN Verification” section of the “Getting Help” tab on the FTA website.
Then, if the TRN number is registered with the same company, the website will display the company’s name in English and Arabic.
If the company is not registered in VAT Registration system, the number entered will not yield results.
By going through the simple procedures mentioned above you can validate TRN number in UAE and make sue that the TRN number provided is of same merchant.
VAT Registration UAE
Register your business with FTA & Get your Tax Registration Number (TRN), by Industry Experts. As UAE Federal Government introduced Value Added Tax (VAT) in the UAE on 1 January 2018. It is mandatory for every business to register for VAT if its taxable supplies and imports exceeds AED 375,000 per annum and it is optional for businesses whose supplies and imports exceed AED 187,500 per annum. We help you to get TRN number and makes your business hassle free.