Wednesday 10 March 2021

VAT Registration and Certification in UAE for New Companies

 The VAT consultant is one of the leading vat registration consultants in UAE. In the UAE VAT, the turnover of more than 375,000 Australian dollars should enforce registration, and people who have more than 187,500 Australian dollars can apply for voluntary registration. For each person who has registered VAT, a unique number is made by the authorities called a tax registration number. In short, it is called TRN.

 

If you have recently opened your new company in Dubai or anywhere in UAE then it is mandatory to do vat registration in the uae.

 

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The tax registration number is a unique number published by the United Arab Emirates Federal Tax Authority for each subscription of tax purposes, with the aim of identifying, reporting compliance and recording compliance. In many countries, including the European Union, this is also commonly referred to as a value-added tax identity or a value-added tax recognition number for the purpose of value-added tax. If you are worried about how to get a VAT certificate in UAE then the vat consultant is with you to complete this process in easy steps.

 

What are the documents in which the Registrant is required to mention the VAT Number?

Documents required for VAT registration in UAE. number in the following documents for the VAT registraion process in UAE

  1. VAT Return
  2. Tax Invoice
  3. Tax Credit Note
  4. All other documents as prescribed by the UAE VAT regulations

 

The UAE can find their own tax registration number on VAT registration certificates issued by the United Arab Emirates Federal Tax Authority (FTA). Sometimes, the tax registration number (TRN) is also known as the VAT registration number.

 

​Step by step process to verify the Tax Registration Number (TRN) issued in UAE

  1. Visit website of Federal Tax Authority in United Arab Emirates www.tax.gov.ae
  2. Look for the TRN VERIFICATION tab on the right side
  3. Enter the TRN number to be verified.
  4. Enter CAPTCHA code
  5. At this stage the name of the company associated with the entered TRN would be displayed

 

It should be noted that input value-added tax cannot be claimed that if the enterprise issued by the VAT payment invoice does not hold the TRN number, the wrong TRN number is provided, and the TRN is mentioned in the invoice for the remains of other companies' missions, errors, or commissions.

 

Therefore, in order to comply with the provisions of the VAT laws and rules of the UAE, the claims of the VAT credit must be verified in all the first transactions of the business supplier. Verifying the tax registration number (TRN) is a simple and simple process that can cause the company to avoid the loss caused by the incoming credit invoice.