Efficient and Hassle-Free VAT Registration Services in Dubai, UAE
Are you making taxable supplies without VAT registration, or approaching the VAT threshold? Now is the time to act. At Now Consultant, our experts provide comprehensive VAT registration services in Dubai, UAE, ensuring full compliance while minimizing potential penalties and risks.
Concerned About Compliance and Penalties? Let Us Handle It!
Maximize the benefits of your VAT registration with our expert team. At Now Consultant, we provide seamless VAT registration services in Dubai, UAE, tailored to your business needs.
Our experienced professionals will guide you through every step, ensure full compliance with the latest regulations, and offer ongoing support to protect your business from fines and penalties. Focus on growing your business let us manage your VAT obligations. Contact us today and secure a strong financial future for your company.”
How to Register for VAT in Dubai, UAE
AtQuick Digits, our experts guide you through the complete VAT registration process in the UAE. With our support, VAT registration is straightforward, efficient, and hassle-free.
Creating Your e-Services Account
We provide step-by-step guidance to set up your e-Services account, giving you seamless access to all VAT-related services in the UAE.
Filling Out the Registration Form
Our team guides you through the VAT registration form, step by step, ensuring every field is completed accurately and thoroughly for a smooth submission.
What Happens Next?
Customized strategies designed for your business, ensuring precise and error-free filings.
Types of VAT Registration
There are two types of VAT registration services in Dubai UAE
1. Mandatory VAT Registration:
Businesses with taxable supplies and imports exceeding AED 375,000 per year are required to register for VAT. This threshold applies to both resident and non-resident businesses in the UAE. Failure to register can result in penalties and fines.
2. Voluntary VAT Registration:
Businesses with taxable supplies and imports below the mandatory threshold can choose to register for VAT voluntarily. This can be advantageous for companies dealing with zero-rated supplies or those wishing to reclaim VAT on their business expenses.
Before submitting your VAT registration, it’s crucial that all required documents are accurate and up-to-date. Inaccurate or incomplete information can cause delays in the registration process and may result in fines or penalties.
Importance and Implementation of VAT in the UAE
The United Arab Emirates (UAE) introduced Value Added Tax (VAT) in January 2018, requiring businesses operating in the country to register for VAT. This marked a significant transition from a traditional tax-free economy to a structured, tax-based system.
VAT registration services in Dubai help businesses comply with these regulations efficiently. These services guide companies through the entire registration process, clarify requirements and procedures, ensure accurate record-keeping, assist in calculating and paying VAT, and support timely filing of VAT returns.
By leveraging professional VAT registration services, businesses can avoid penalties and fines while ensuring full compliance with the latest VAT regulations.
Benefits of VAT Registration in the UAE
Congratulations! Your business is now VAT-registered. Here are some key advantages of being registered for VAT:
Enhanced Business Credibility
Being VAT-registered boosts your business’s credibility and strengthens trust with customers and business partners.
Reclaiming Input Tax
VAT registration allows you to reclaim VAT on eligible business expenses, helping optimize your cash flow and improve your bottom line.
Stay Compliant and Avoid Penalties
Being VAT-registered ensures your business remains fully compliant with UAE tax laws, helping you avoid penalties and fines.
Documents Required for VAT Registration:
Non-compliance with UAE VAT return filing regulations can put your business directly in the spotlight of the Federal Tax Authority (FTA). And the reality is – the consequences aren’t light warnings but substantial fines that can quickly accumulate. Staying compliant is essential, and the best way to safeguard your business is by relying on expert VAT registration and filing services in Dubai.
1. Trade License
A valid copy of your trade license issued by the Department of Economic Development (DED) or any other relevant regulatory authority in the UAE.
2. Emirates ID
A copy of the Emirates ID of the authorized signatory, as well as the manager or owner of the business.
3. Passport Copy
A copy of the passport of the authorized signatory, as well as the manager or owner of the business.
4. Bank Account Details
Provide the business’s bank account information, including the account number and IBAN.
5. Financial Statements
Submit the business’s financial statements for the past 12 months, including the profit and loss statement, balance sheet, and cash flow statement.
6. Business Premises Details
Provide information about your business premises, including the lease agreement or title deed and the exact location of the premises.
7. Customs Registration Details:
For businesses involved in importing or exporting goods, provide the relevant customs registration information.
Before submitting documents for VAT registration, businesses must ensure all information is accurate and up-to-date. Inaccurate or incomplete documentation can cause delays in the registration process and may result in fines or penalties.
VAT Penalties in the UAE
Failing to register for VAT or delaying registration can result in significant penalties. For example, a late registration may attract a fine of AED 10,000. Additional penalties apply for late tax payments:
2% penalty on the unpaid tax the day after the due date.
4% monthly penalty on any remaining unpaid tax starting from the next month.
Maximum penalty of 300% per month if payments continue to be delayed after the deadline.
Key Considerations When Submitting Data for VAT Registration
Before registering for VAT in the UAE, keep the following factors in mind:
If your company registers as a stand-alone entity, you can provide information for one of its UAE-based bank accounts.
Always submit complete details, including the bank’s name, branch name, account title, and other required information.
For group VAT registration involving two or more entities, provide the details of a single bank account shared by the entities.
What Makes Us the Best Choice?
Experience
Our team of consultants brings years of expertise in VAT registration and compliance. We have successfully assisted numerous businesses in the UAE, ensuring full compliance with VAT regulations and helping them avoid penalties and fines.
Tailored Approach
We offer a personalized approach to each client’s VAT registration needs. By understanding your business and its operations, we deliver customized solutions that ensure full compliance with VAT regulations.
Competitive Pricing
We provide clear and competitive pricing for VAT registration. At Now Consultant, we believe that high-quality service should be affordable, ensuring our clients receive exceptional support without compromising on service excellence.
Customer Care
We take pride in delivering outstanding customer service. Our team is always available to address your questions and concerns, providing regular updates throughout the VAT registration process to ensure a smooth and transparent experience.
Businesses on Which VAT Applies
Amazon Sellers
Amazon sellers operating in the UAE who exceed the mandatory VAT registration threshold are required to register for VAT. We offer specialized VAT registration services for Amazon sellers, guiding them through the complexities of UAE VAT regulations to ensure full compliance.
LLC's
Limited Liability Companies (LLCs) in the UAE must register for VAT if their taxable supplies exceed the mandatory threshold of AED 375,000 per year. At Now Consultant, we provide dedicated, seamless VAT registration services tailored specifically for LLCs.
Local Businesses
All local businesses in the UAE exceeding the mandatory VAT registration threshold are required to register for VAT. Our VAT registration services help local businesses ensure full compliance with regulations while avoiding penalties and fines.
Foreign Businesses
Foreign businesses with a taxable presence in the UAE are required to register for VAT. Our VAT registration services assist foreign companies in achieving full compliance with UAE VAT regulations, helping them avoid penalties and fines.
Trusted Partners & Affiliations
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Let our experts handle Corporate Tax, VAT, Audit, and Compliance, while you focus on growing your business with peace of mind.
FAQ
Is a Tax Consultant Necessary in Dubai?
With Dubai’s evolving legal and financial landscape, it has become essential for businesses of all sizes to engage a professional tax consultant. Their expertise helps resolve complex tax matters while ensuring full compliance with Dubai’s regulations.
How Do Businesses Pay Taxes in the UAE?
Since June 1, 2023, the UAE has applied a 9% corporate tax on net profits exceeding AED 375,000. Profits below this threshold are taxed at 0%. In addition, businesses must register for VAT if their taxable supplies exceed the mandatory registration threshold of AED 375,000.
What If I Miss a Tax Deadline?
According to Cabinet Decision No. 75 of 2023 and Ministerial Decision No. 74 of 2023, the UAE Federal Tax Authority imposes a fine of AED 10,000 for late corporate tax registration. Continued delays can result in additional penalties, starting from AED 500 per month and rising up to AED 5,000 per month depending on the length of the delay.
What are your tax consultancy fees?
Our tax consultancy services in Dubai start from AED 500 and can go up to AED 20,000, based on the scope and complexity of your requirements.
Can you help with Free Zone company tax compliance?
At Quick Digits, our tax experts assist Free Zone companies with complete tax compliance, including corporate tax registration, filings, and exemption assessments. We ensure your business meets all FTA requirements accurately and on time, covering major Free Zones such as DMCC, IFZA, MEYDAN, SHAMS, and RAKEZ.