This guide walks businesses through the VAT registration process and outlines what's needed to file accurate, timely returns with the Federal Tax Authority.
Who Must Register For VAT?
Businesses exceeding the mandatory registration threshold of AED 375,000 in taxable supplies must register, while voluntary registration is available above AED 187,500.
Step-By-Step Registration Process
The registration process involves submitting business details, trade licence copies, financial statements and bank information through the FTA's online portal.
Preparing Accurate VAT Returns
Once registered, businesses must file periodic VAT returns detailing output tax, input tax and net VAT payable or refundable.