VAT was introduced in UAE in Jan 2018 at the standard rate of 5%. If you are a business owner or plan to establish a business in UAE, you need to get registered under UAE VAT Law. Here are a few things you need to know before you register for VAT:
1. Knowing when to register for VAT
2. VAT Registration rules in respect of a Natural Person
3. Not all goods and services are subject to VAT
4. Free Zones which are exempt from VAT
5. Documents required for VAT Registration in UAE
6. VAT Registration Process
7. A person can only hold one TRN for VAT purposes at any one time.
VAT Registration is not easy, considering all the compliances required to the laws and regulations. Our team of expert VAT consultants at Accountants Box can assist you not only with the VAT registration but also with VAT accounting and VAT return filing.
Read full Blog- https://accountantsbox.com/things-to-know-before-you-register-for-vat/
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