Place Category: Accounting
Companies with residency must register for VAT if their total value of goods and services along with sales exceed the mandatory registration threshold of AED 375,000. Companies in UAE may choose to register for VAT voluntarily as well, if their taxable goods and services are less than the mandatory registration threshold but exceed the voluntary registration threshold of AED 187,500. Correspondingly, a business entity may get UAE VAT registration voluntarily irrespective, but the opportunity to register voluntarily is intended to allow start-up businesses with no turnover to register for VAT, in their own time and pace. There are several other such obligations, guidelines and principals you might need to know as a commercial entity in Dubai, UAE. To understand the process of VAT accounting, VAT registration requirements and other VAT services in Dubai, UAE contact Shuraa Tax Consultants today! Speak to an authorized VAT consultant, tax advisors, business tax accountant at SHURAA TAX CONSULTANTS. For more information call us on +97144081960 / +971505795019. www.shuraatax.com.
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