Mind Meta Global, Your VAT-Management Partner, Assists You with the entire VAT Registration Process
By registering for VAT, you bring more credibility to your business as you receive a TRN (Tax Registration Number). VAT registration is also mandatory in certain scenarios where non-registration can lead to penalties and other risks associated with non-compliance.
Mind Meta Global has a team of VAT experts with in-depth and up-to-date knowledge of complex FTA guidelines. Our experienced VAT advisors offer comprehensive VAT registration services in the UAE to help you through each step of the process.
Types of VAT Registration
There are two types of VAT registrations in the UAE. The type of VAT registration applicable to your business depends on your company’s past and expected annual turnover.
Mandatory VAT Registration
Businesses with annual taxable income that exceeds AED 375,000 are legally required to register for VAT. This type of registration is called mandatory VAT registration. It allows you to collect VAT on transactions legally. Mind Meta Globalassists you in effectively meeting all the mandatory VAT registration requirements.
Voluntary VAT Registration
If your annual turnover falls between AED 187,500 and 375,000, you can choose voluntary VAT registration. This provides your company with a TRN and the benefit of leveraging input tax recovery.
Mind Meta Global VAT experts carefully assess your business if voluntary registration is ideal for your company or not.
Documents Required for VAT Registration in UAE
FTA requires a list of documents to grant VAT registration in TRN in Dubai. These documents include:
- Trade licence
- Certificate of incorporation
- Articles of association
- Power of Attorney establishing signing authority
- Detailed description of business activities
- 12 months of sales invoices establishing turnover
- bank account details.
- ID or passport for identity check.
- Customs registration docs, if needed
- Expected turnover for the next 30 days
- Consent on dealing with GCC customers or suppliers
- Estimate one-year import value from GCC countries
- Estimate one-year export value from GCC countries
Mind Meta Global ensures you have all the required documents before proceeding with the registration process.
Step-by-Step Process for Smooth VAT Registration in Dubai, UAE
The VAT registration process is online and processed through the FTA portal.
- You must log in to the portal on FTA’s official website.
- Provide extensive business and tax-related information in the form and submit it
- Submit all the necessary attachments and bank account details
- If the application is approved, you will receive a TRN.
The Ministry of Finance issues a VAT certificate once the procedure is successfully completed. This certificate acts as legal proof that your business is VAT-registered and compliant with VAT law in the UAE.
How VAT Registration Services by Mind Meta Global Can Help
VAT registration is mandatory for certain businesses. Even if you choose voluntary registration, you have to follow each step carefully for a successful application. Failure to comply may result in non-compliance penalties. Also, the registration process has a few complexities where you must consult an expert.
Mind Meta Global professional VAT advisory team mitigates all registration challenges and submits your application following updated FTA regulations. We are a client-focused company that adds value to our clients’ businesses and fulfils all your VAT registration and compliance requirements.
