VAT Registration in UAE

The sale of a business asset by a VAT-registered person is treated as a taxable supply and is therefore subject to the standard rate of VAT, excluding cases where the asset is exempt. However, if the asset or the entire business is sold to a taxable person as a going concern, it is not treated as a taxable supply and hence, VAT is not applicable under that condition.

Yes, refusal of a tax group registration application may occur in several cases including: (1) the entities involved do not qualify as related parties as defined by the authority, (2) the authority believes the registration could potentially result in tax evasion, increased administrative burden, or significant loss of tax revenue, (3) one or more applicants are not recognized as legal persons, (4) one of the entities is a government body, (5) one of the entities is a charitable organization.

No, if the capital asset is owned by the person, the value of that asset does not count toward the calculation of the VAT registration threshold.

Yes, companies whose supplies are exclusively zero-rated may apply for VAT registration exemption. The exemption request must be formally submitted to the authority for approval.

No, a person conducting business in the UAE is not permitted to have more than one Tax Registration Number (TRN) under the same legal entity.

In the case of mandatory registration, the taxable person must notify the authority and submit the VAT registration application within 30 days from the date the registration obligation arises.

Yes, if such a person supplies goods or services in the UAE and no other party is responsible for accounting for the VAT on those supplies, then that non-resident person is obligated to register for VAT.