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How do I register my company for VAT?

The UAE regulations mandate businesses trading goods and providing services to register for taxation. Value Added Tax (VAT) registration is simply a tax registration for such businesses in the UAE.

However, not all businesses need to register for VAT. Businesses that exceed the annual aggregate turnover threshold, i.e. AED 3,75,000 and businesses that cross the total value of supplies in the next 30 days, must register for VAT. Get in touch with a VAT consultancy in Dubai to know if your company needs VAT registration.
The businesses need VAT registration for showcasing themselves as Government-acknowledged entities. This further allows or authorizes them to collect VAT from their customers, which in turn is remitted to the Government.

Why register the company for VAT?
Apart from the basic functionality of VAT registration authorizing businesses to collect VAT, there are certain other tasks which can be performed by a VAT registered company:
1. Collect VAT for taxable supply of products and services
2. Paying VAT to the Government
3. Filing VAT returns periodically
4. Claim Input Tax Credit on VAT paid on the purchase
Having understood why companies need to register for VAT, the main question that arises is how to register your company for VAT?
It is advised that one should contact a VAT consultancy firm for accurate, quick, and secured VAT registration. The Federal Tax Authority (FTA) has an online portal for VAT registration. The FTA announces a deadline for registering businesses under VAT.
It is important to understand how a company can be registered online for VAT. Furnishing true and factual information is essential, following the proper procedure for VAT registration and having a good understanding is needed for hassle-free and prompt VAT registration.
An easy-to-follow online procedure for applying a VAT registration in the UAE is as follows:
  1. Create an e-Service account with FTA and sign-up using your credentials.
  2. Fill the VAT Registration Form with all relevant details required.
  3. Review the form to avoid furnishing incorrect details and submit it.
Once the VAT registration process is complete and verified, your company gets allotted a 15 digit VAT Registration Number or Tax Registration Number (TRN). This is a unique identification number assigned to a business which is used for the payment of indirect taxes.
We advise businesses to get their VAT registration process done by a trusted VAT consultancy firm in the industry for years.

Alankit, as a preferred digital partner and an industry leader, has a diverse industry experience over the years for taxation and tax-related services in the UAE. Get hassle-free, failsafe and stepwise assistance for your company’s VAT registration from the best VAT consultancy in Dubai.
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