The FTA has set VAT registration deadlines in the UAE based on businesses’ turnover. Here are the UAE VAT registration deadlines: Deadline for VAT Registration in the UAE: Mandatory Registration Registration Type Type of Business (Turnover in million) VAT Registration Due Date Mandatory…
The Federal Tax Authority (FTA) and the UAE Customs Departments have joined forces to streamline the collection of Value Added Tax (VAT) on imported goods. If your business is VAT-registered, you must furnish your Tax Registration Number (TRN) to the customs department during the goods…
With the unanimous approval and subsequent signing of the GCC United VAT Agreement by all member countries, the implementation of the Value Added Tax (VAT) system in GCC Member States is now on the horizon. This implementation is anticipated to be fully operational by 2018,…