VAT Services in Dubai, UAE
End-to-End VAT Support for UAE Businesses
Introduce the importance of VAT in UAE, FTA compliance requirements, and how Digits helps businesses with hassle-free VAT onboarding and reporting.
Value Added Tax (VAT) in the UAE is set at a standard rate of 5% and applies to most goods and services. It was introduced on January 1, 2018, to diversify the country’s revenue sources. Businesses that cross the mandatory threshold are required to register for VAT and comply with relevant regulations.
What’s Included in Our VAT Services?
VAT registration & Deregistration
Quarterly VAT return filing
Voluntary disclosurers
VAT refund processing
VAT Tag grouping
VAT Amendment
What’s Included in Our VAT Services?
Why Choose Digits as Your vAT Partner?
Risk-free submissions
Timely return filing
Reduced tax audit risks
Industry-specific VAT Compliance support
FAQs – VAT Services in UAE
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How do I register for VAT in UAE?
There are 3 criterias for the registration of VAT:
- On the Basis of Sales: If the sales turnover crosses AED 187,500 (Voluntary Threshold), VAT registration can be done at the discretion of the client. But once the sales turnover exceeds AED 375,000 (the mandatory threshold), VAT registration must be completed within 30 days.
- On the Basis of Expenses: If the taxable expenses exceed AED 187,500, the company is eligible to apply for VAT registration on a voluntary basis.
- Local Purchase Order (LPO) Basis
What are the penalties for late filings?
Delay in the submission of the UAE VAT Return will result in penalties imposed by FTA:
- A fine of AED 1,000 for late submission for the initial occurrence.
- A fine of AED 2,000 for delayed submission for the next occurrence.
Can I deregister from VAT if under the threshold?
Yes, you can. If your company’s taxable income stays under AED 187,500 for 12 consecutive months, it must proceed with TRN deregistration, as it no longer meets the voluntary VAT registration threshold.
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