VAT Registration in Abu Dhabi - Shuraa Tax

1. VAT VAT REGISTRATION REGISTRATION IN ABU DHABI IN ABU DHABI

2. With the implementation of Value Added Tax (VAT) across the UAE, businesses in Abu Dhabi are required to comply with Federal Tax Authority (FTA) regulations. VAT registration in Abu Dhabi is not just a legal requirement but a vital step toward operating transparently and building credibility. Failure to register for VAT or comply with the tax regulations can result in penalties and fines imposed by the authorities. At Shuraa Tax, our team of experienced accountants, auditors, and tax advisors in Dubai and Abu Dhabi makes VAT registration quick, accurate, and hassle-free for businesses of all sizes.

3. WHAT IS VAT? WHAT IS VAT? Value Added Tax (VAT) is a consumption-based indirect tax levied at each stage of the supply chain, from production to the final sale. Introduced in the UAE on 1st January 2018, VAT in Abu Dhabi is charged at a standard rate of 5% on most goods and services. Businesses collect VAT on behalf of the government and remit it to the FTA.

4. VAT REGULATIONS VAT REGULATIONS IN ABU DHABI IN ABU DHABI VAT in Abu Dhabi follows the rules and framework set by the Federal Tax Authority (FTA) of the UAE. Businesses must: Register for VAT if their taxable supplies and imports exceed AED 375,000 annually. Maintain proper records and tax invoices. File VAT returns regularly (usually quarterly). Comply with audit and inspection procedures from FTA. Failing to comply can result in heavy penalties, making it crucial for businesses to stay up to date with all regulations.

5. WHO NEEDS TO REGISTER FOR VAT IN ABU DHABI WHO NEEDS TO REGISTER FOR VAT IN ABU DHABI Abu Dhabi VAT registration is mandatory or voluntary based on your business’s annual turnover: Voluntary VAT Registration Mandatory VAT Registration Businesses must register if their taxable turnover exceeds AED 375,000 in the past 12 months or is expected to in the next 30 days. This threshold applies to both mainland and free zone businesses operating in Abu Dhabi. Voluntary VAT Registration Businesses can choose to register if their taxable turnover or expenses exceed AED 187,500 annually.

6. VAT VAT REGISTRATION REGISTRATION PROCESS IN ABU DHABI PROCESS IN ABU DHABI The VAT registration process in Abu Dhabi involves several steps: 1. CREATE AN FTA ACCOUNT 1. CREATE AN FTA ACCOUNT 2. FILL THE VAT REGISTRATION FORM 2. FILL THE VAT REGISTRATION FORM 3. UPLOAD REQUIREMENTS 3. UPLOAD REQUIREMENTS 4. SUBMIT THE APPLICATION 4. SUBMIT THE APPLICATION 5. RECEIVE TRN (TAX REGISTRATION NUMBER) 5. RECEIVE TRN (TAX REGISTRATION NUMBER) 6. DISPLAY TRN & START VAT INVOICING 6. DISPLAY TRN & START VAT INVOICING

7. DOCUMENTS REQUIRED DOCUMENTS REQUIRED FOR VAT REGISTRATION IN ABU DHABI FOR VAT REGISTRATION IN ABU DHABI TRADE LICENSE TRADE LICENSE PASSPORT COPY AND EMIRATES ID OF PASSPORT COPY AND EMIRATES ID OF OWNER/SHAREHOLDERS OWNER/SHAREHOLDERS BUSINESS CONTACT DETAILS BUSINESS CONTACT DETAILS MEMORANDUM OF ASSOCIATION (MOA) MEMORANDUM OF ASSOCIATION (MOA) BANK ACCOUNT DETAILS BANK ACCOUNT DETAILS FINANCIAL STATEMENTS OR TURNOVER FINANCIAL STATEMENTS OR TURNOVER PROOF PROOF CUSTOM CODE (IF APPLICABLE) CUSTOM CODE (IF APPLICABLE)

8. VAT REGISTRATION VAT REGISTRATION EXEMPTIONS IN ABU DHABI EXEMPTIONS IN ABU DHABI Certain categories of goods and services are exempt or zero-rated under UAE VAT law. This includes: Financial services Residential real estate conditions) Local passenger transport Exports of goods/services (zero-rated) However, being involved in exempt activities does not automatically exempt a business from registration if it exceeds the threshold. Our tax advisors can help assess your specific case. (under specific

9. PENALTIES PENALTIES FOR NON-COMPLIANCE FOR NON-COMPLIANCE Failing to register for VAT or comply with FTA regulations can result in serious consequences: AED 10,000 for late registration AED 1,000 for late filing (increasing with repeated offenses) Upto 300% of the due tax for incorrect tax returns or evasion

10. SHURAA TAX SHURAA TAX VAT REGISTRATION SERVICES IN ABU DHABI VAT REGISTRATION SERVICES IN ABU DHABI We offer end-to-end VAT registration and advisory services in Abu Dhabi: DETERMINING ELIGIBILITY FOR VAT REGISTRATION DETERMINING ELIGIBILITY FOR VAT REGISTRATION REGISTERING YOUR BUSINESS ON THE FTA PORTAL REGISTERING YOUR BUSINESS ON THE FTA PORTAL PREPARING AND SUBMITTING ACCURATE DOCUMENTATION PREPARING AND SUBMITTING ACCURATE DOCUMENTATION ADVISING ON VOLUNTARY VS MANDATORY REGISTRATION ADVISING ON VOLUNTARY VS MANDATORY REGISTRATION HANDLING VAT GROUPING AND SPECIAL TAX SCENARIOS HANDLING VAT GROUPING AND SPECIAL TAX SCENARIOS ONGOING VAT COMPLIANCE, VAT RETURN FILING & AUDIT SUPPORT ONGOING VAT COMPLIANCE, VAT RETURN FILING & AUDIT SUPPORT Our goal is to make your VAT journey stress-free and compliant from day one.

11. WHY CHOOSE WHY CHOOSE SHURAA TAX SHURAA TAX Expert support, local knowledge, and fast-track VAT solutions. Trusted by over 250 companies Multilingual Experts FTA-Approved Tax Agents Tailored VAT Advice for every business type Fast & Error-Free Registration End-to-End Tax Services under one roof Whether you're a startup, SME, or large enterprise, we ensure your VAT obligations are fully met with minimal effort on your part.

12. CONTACT US Phone +(971) 44081900 Email info@shuraatax.com Website shuraatax.com Location 601 Sheikh Zayed Road, 6th Floor, Aspin Commercial Tower – Dubai