Why Outsource VAT?
Easy VAT Registration
Using the FTA's web portals, obtain comprehensive instructions for the VAT registration process.
VAT Implementation Assistance
Recognize the changes required to your current operations to comply with VAT.
Ensure VAT Compliance
Get all the assistance you want to fulfill your UAE VAT obligations.
Avoid VAT Penalties
Avoid having to pay fines for inaccurate or delayed return filing and inappropriate record management.
How It Works
3 Simple steps to start your dream business in no time
Apply For Dual Citizenship Of Grenada In 3 Simple Steps
Step 1
Receive our quote
Step 2
Approve and make payment
Step 3
Let us manage your VAT
Other Free Zones you may be interested in
We can help you with the processes in the following government departments.
Why Choose Us?
Your VAT Obligations Are Taken Care of
And your peace of mind is guaranteed with us
Business is Registered For VAT
VAT Transition Process is Handled.
VAT Returns are Timely and Accurately Filed.
VAT Refunds Are Claimed.
Business is VAT Compliant.
The UAE’s VAT Policy
2018 saw the introduction of VAT in the UAE and other GCC nations. The UAE’s applicable VAT regulations are listed below.
- Businesses in the UAE that generate more than AED 375,000 in revenue annually are required to register for VAT. In the UAE, companies having an annual revenue of AED 187,500 are qualified for voluntary VAT registration.
- In the UAE, most goods and services are subject to 5% VAT. Some products, such those intended for export outside of GCC members, are zero-rated. Financial services and public transportation are examples of services that are VAT-exempt.
- Even in cases when a good or service is zero-rated, VAT registration is still required. In the UAE, however, VAT registration is not necessary if you are selling a good or service that is deemed VAT-exempt.
Here are answers to some of the common questions related to VAT in the UAE.
Frequently Asked Questions
When is a company able to voluntarily register for VAT?
A business may elect to register for VAT if its taxable supply and imports total AED 187,500, which is half of the AED 375,000 necessary registration threshold.
When is it necessary for a firm to register for VAT?
A corporation is required to register for VAT if its taxable imports and supplies exceed the AED 375,000 registration level.
What distinguishes VAT-exempt and zero-rate supplies from one another?
Goods and services that are exempt from VAT are referred to as exempt supplies. Conversely, zero-rate supplies are taxable items for which there should be no VAT applied.
What distinguishes input VAT from output VAT?
The applicable VAT on the goods or services that are bought from the supplier is known as input VAT, and the applicable VAT on the goods or services that are sold to the customer is known as output VAT.
Which kinds of financial reconciliations are there?
Below mentioned are the five (5) main types of reconciliations:
• Bank reconciliation
• Customers reconciliation
• Vendor reconciliation
• Intercompany reconciliation
• Inventory reconciliation
Under what conditions are there fines and penalties for VAT?
Some of the reasons why you could incur VAT fines and penalties are listed below.
1. Failure to register for VAT when mandatory
2. VAT return filing delays
3. Incorrect VAT return filing
4. Failure to maintain accounting records
5. Failure to de-register when required
Can VAT tax groups be formed?
If a business satisfies certain requirements, such as having the same owner(s) and being headquartered in the same GCC nation, it may register as a VAT group. A single VAT number and single VAT return will be issued to such a tax group.
