fbpx

VAT Registration

Welcome to Parker Russell Obaid Auditing, your reliable partner for VAT Registration services in the United Arab Emirates. Our dedicated team is here to guide businesses through the intricacies of Value Added Tax (VAT) Registration, ensuring compliance with local regulations.

Register your business for as low as 500 AED

VAT Registration in the United Arab Emirates

Key Information About VAT Registration:

A business is required to register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000. Additionally, a business may choose to register for VAT voluntarily if the total value of its taxable supplies and imports (or taxable expenses) exceeds the voluntary registration threshold of AED 187,500.

Our VAT Registration Services Include:

  1. Threshold Assessment: We assess your business’s eligibility for VAT registration based on the mandatory and voluntary thresholds.
  2. Mandatory Registration Support: If your taxable supplies and imports exceed AED 375,000, we guide you through the mandatory VAT registration process.
  3. Voluntary Registration Assistance: For businesses opting for voluntary registration, we provide comprehensive support in meeting the AED 187,500 threshold.
  4. Documentation Preparation: Our team assists in preparing the necessary documentation required for VAT registration, streamlining the process for your convenience.

Let's discuss your requirements

A business must register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000.

Furthermore, a business may choose to register for VAT voluntarily where the total value of its taxable supplies and imports (or taxable expenses) is in excess of the voluntary registration threshold of AED 187,500.

Types of Registration

Any business which exceeds mandatory or voluntary registration thresholds may be required or may be able to register for VAT.

Mandatory Registration

A business must register if the total value of its taxable supplies and imports exceeds the mandatory registration threshold over the previous 12 months, or the business anticipates that the total value of its taxable supplies and imports will exceed the mandatory registration threshold in the next 30 days.

The mandatory registration threshold is AED 375,000. This threshold is not applicable to foreign businesses.

Voluntary Registration

A business may apply to register if it does not meet the mandatory registration criteria and the total value of its taxable supplies and imports or taxable expenses in the previous 12 months exceeds the voluntary registration threshold, or the business anticipates that the total value of its taxable supplies and imports or taxable expenses will exceed the voluntary registration threshold in the next 30 days.

The voluntary registration threshold is AED 187,500.

Exceptions for VAT registrations in UAE

According to the Federal Tax Authority, a person can seek for an exemption from VAT registration in the UAE if 100% of his supplies/sales are Zero-rated under the law. Those who wish to opt for a VAT registration exception must notify the authority of their decision using the VAT registration form. Authority will accept the application of the exception if they believe it is reasonable.

Penalty for Late-Registration under VAT

A punishment of AED 20,000 will be imposed on any company that misses the VAT Registration Number cutoff date or fails to complete the VAT registration process by the Federal Tax Authority’s deadline. This type of punishment can have a significant impact on a company’s bottom line.

 

Why Choose Parker Russell UAE for VAT Registration:

  • Expertise in VAT Regulations: Rely on our in-depth knowledge of UAE VAT regulations, ensuring accurate and compliant VAT registration tailored to your business.
  • Threshold Compliance: We ensure that your business aligns with the mandatory or voluntary registration thresholds, minimizing the risk of non-compliance.
  • Efficient and Transparent Process: Our approach prioritizes efficiency and transparency, making the VAT registration process seamless for your business.
  • Personalized Guidance: Our team provides personalized guidance, addressing the specific needs of your business during the VAT registration process.
We’ve been using Parker Russell’s services since 2011. Their Tax Agent Consultant is very professional, efficient and has been great support to our accounts team over the years.
Donna Estall

Finance Manager, Broadway Malyan Ltd.

Our Strengths

Offices in the UAE

Clients Served

Years of Experience

Employees

Looking for a professional approved Tax Consultant in the UAE?

To ensure clients progress financially and socially.

Chat with us now!