Value Added Tax (VAT) Registration Service
At Tulpar Global Taxation, our VAT Registration Service is designed to assist businesses in complying with the UAE's VAT regulations. Value Added Tax (VAT) is an indirect tax introduced in the UAE on January 1, 2018, at a standard rate of 5%. Businesses must register for VAT if their taxable supplies and imports exceed the mandatory registration threshold.
Key Steps in Our VAT Registration Process:
Initial Consultation and Assessment:
We begin by assessing your business to determine whether it needs to register for VAT. This includes analyzing your taxable supplies, sales, and imports, and ensuring you meet the mandatory or voluntary thresholds for registration.
Businesses with annual turnover exceeding AED 375,000 are required to register, while those with turnover above AED 187,500 can voluntarily register.
Document Preparation:
Our team assists in gathering all the necessary documents, such as your business trade license, shareholder details, financial records, and relevant sales information. We ensure the accuracy of documentation to avoid delays.
VAT Registration Filing:
We handle the entire VAT registration process with the Federal Tax Authority (FTA), ensuring that all forms are completed accurately and submitted on time. Our team monitors the status of your application to ensure swift registration.
VAT Certificate Issuance:
After successful registration, the FTA issues a VAT registration certificate with a unique Tax Registration Number (TRN). We ensure that you receive this document and provide guidance on displaying your TRN on all invoices and official documents.
Post-Registration Compliance:
After registration, we offer support to help your business comply with ongoing VAT requirements, including filing returns, VAT accounting, and invoicing. We guide you through the transition and ensure that your business is fully VAT-compliant.