In Dubai, the government imposed an indirect consumption tax: VAT (Value Added Tax). Consumers in Dubai are charged VAT at 5% on most goods and services in Dubai and across the UAE. Introduced in 2018, VAT is applicable on the supply chain (that includes every stage, such as from production to sale).
VAT Registration is Mandatory
The businesses operating in Dubai must register for VAT if their annual imports and taxable supplies exceed AED 375,000. Valkyrie DMCC (Valkyrie) is your trusted partner, and it provides VAT Registration Services Dubai for businesses. Important steps for obtaining VAT Registration in Dubai are given below:
- Valkyrie assists businesses in creating an account on the Federal Tax Authority (FTA) Website.
- To complete the tax profile, businesses can provide details including Import/ Export Records, business activities, turnover, financial data, passport or Emirates ID copies, and trade license.
- Businesses receive the Tax Registration Number (TRN) on successful registration using the VAT registration form.
- All VAT-registered businesses in Dubai should print the TRN on all invoices. It is also necessary to mention your TRN in all correspondence with FTA.
Expert VAT Consultancy Services in Dubai
Valkyrie assists businesses to comply with local tax laws by providing expert VAT Consultancy in Dubai. Dubai-based Management Consultancy offers the services of dedicated financial consultants and accountants to help your business improve efficiency and promote growth. Valkyrie helps your business simplify the accounting and financial operations. It uses vast experience in helping businesses reduce errors, follow regulatory guidance, and simplify the processes to comply with tax laws in Dubai. Its VAT consultation services are given below:
- VAT registration/ amendment
- VAT Return Filing Dubai and verification
- Advisory for VAT compliance
- FTA reconsideration forms
Why Businesses Choose Valkyrie?
With its vast experience, Valkyrie offers customized VAT consultancy, registration, and returns filing for businesses operating in Dubai. All of its services are aligned with your business goals, and its team works with your finance staff and guides them through each step of the VAT. As a result, your business will be fully compliant with tax laws.
For more information please contact us on below details –
Business Name /Contact Person:- Valkyrie DMCC/ Maher Ghandour
Country/Region:- United Arab Emirates/ Dubai
Street Address:-Jumeirah Lake Towers, Al khail First street
City:- Dubai
State:-Dubai
Postal Code:- 48800
Phone No:-+971508255943
Email:- [email protected]
Web:- https://valkyrie.ae/
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