VAT Registration
Al-Hisab Tax Consultancy, offers all types of VAT registration services in the UAE, including both voluntary and mandatory VAT registration. Our VAT experts will guide you through the registration process and structure it in the most cost-effective manner, ensuring you receive the best VAT services
Types of VAT Registration Services
According to the Federal Tax Authority law, there are two types of VAT registration. Before applying, businesses should understand these categories based on their annual turnover.
- Mandatory VAT Registration
- Voluntary VAT Registration
If you fail to apply for a Tax Registration Number (TRN) within the timeframe specified by the Federal Tax Authority (FTA) in the UAE, you may incur a fine of AED 10,000.
When to register for VAT?
Every country has different criteria for VAT registration. The thresholds for mandatory and voluntary VAT registration vary depending on the country’s regulations. In the UAE, businesses must register for VAT under specific conditions. Here’s when you need to register for VAT:
VAT Registration in UAE
- According to the Federal Tax Authority (FTA) in the UAE, companies or individuals with an annual turnover of AED 375,000 or more must apply for Mandatory VAT registration.
- Companies or individuals with an annual turnover between AED 187,500 and AED 375,000 can apply for VAT registration voluntarily. (Voluntary VAT registration).