VAT Registration Services in Dubai UAE

VAT Registration UAE:

Almost all businesses in the UAE have to register for VAT. Any business that sells a good or service must apply for Value Added Tax on their products.

How to register for VAT in UAE?

The process is as follows:

1. Sign-up for an EmaraTax account through the FTA’s website and activate it.
2. Access the EmaraTax account dashboard.
3. Create a New Taxable Person Profile.
4. Click on “View” to access the Taxable Person Account.
5. Click on “Register” under “Value Added Tax”.
6. Complete the registration process.

Types of supplies under UAE VAT LAW:

In the UAE, there are many supply categories covered by VAT. The type of the products or services determines the VAT rates:

1.	Standard-rated supplies: These products and services will be subject to a 5% VAT rate.
	Supplies that are zero-rated are subject to 0% VAT. Taxpayers may, however, deduct applicable input tax. These supplies include a few services related to education, healthcare, exporting products and services beyond the Gulf Cooperation Council (GCC), precious metals like gold and silver, international transportation, and so on.
3.	Exempt supply:
	According to UAE VAT law, these supplies are not subject to input tax claims or VAT charges by firms. When selling or delivering exempt goods or services, you are not able to recoup the input tax. Residential real estate, undeveloped land, public transportation, and life insurance are examples of exempt goods.
4	Deemed supplies:
	These are goods that don’t fit the definition of a supply, yet companies nevertheless have to charge VAT on them. In the United Arab Emirates, deemed supplies are business assets that are sold for no money. goods used for non-business purposes on which input tax is claimed, transfers of business assets from the United Arab Emirates to other GCC Implementing States, or vice versa, etc.
5.	Out-of-scope materials These supplies were excluded from the scope of VAT regulation by the FTA.

Documents required for VAT Registration in UAE:

• Trade license(s) in effect
• Emirates ID or passport of the designated signatory(s)
• Evidence of consent for the designated signatory(s)
• Details about how to get in touch
• bank letter confirming the applicant’s bank account information

The other documents that may be required are:

1.	[Depending on the company]
–	Articles of Association or, if relevant, a Partnership Agreement
–	Certificate of Incorporation (if a legal person is involved)
–	Records displaying the business’s ownership information
–	Details on customs, if relevant
–	Documents granting power of attorney (where relevant)
–	Registration paperwork for clubs, charities, or associations, along with any necessary proof (if you choose “Legal person – Club, Charity or Association”).
–	If you chose “Legal person – Federal UAE Government Entity” or “Legal person – Emirate UAE Government Entity,” a copy of the Decree is relevant.
–	Additional pertinent papers, such as those that identify the activity and size of your business (if appropriate, if you choose “Legal person – Other”).
–	A scanned copy of the manager, owner, and senior management’s passports and Emirates IDs.
–	A scanned copy of the title document for the land or property
2.	With the exception of the federal and emirate governments, all legal kinds are subject to taxable supplies.
–	Audit report: financial statements that have been audited or not.
–	A self-made calculation sheet with information on how to determine the taxable and zero-rated supply using financial records.
–	Revenue projection supported by documentation (e.g., contract or local purchase order).
–	Monthly turnover statement on printed letterhead of the company, signed and stamped by the authorized signatory, for the designated periods.
–	Corresponding financial records, such as contracts, title deeds, leases, bills, and LPOs.
3.	Regarding taxable costs (which apply to all legal categories save the federal and emirate governments):
	Financial statements, whether audited or not, including audit reports.
	Report on Expense Budget.

How can MAKCA help you in registering for VAT in UAE?

One of the top Accounting & Auditing firms in the UAE is Mubarak Al Ketbi Chartered Accountants. We provide services in accounting, auditing, corporate tax, liquidation & more! With over 2000 happy clients and 20+ years of experience, we believe we are the right choice for you. Book a meeting with us, Read our other articles on VAT or Contact Us, and we guarantee you an excellent experience