The UAE Federal Tax Authority (FTA) has now opened its online portal to allow for taxpayers to register for VAT purposes. Registration timelines are set out as below:
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- Businesses with an annual turnover exceeding AED 150 million must apply for registration by 31 October 2017
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- Businesses with an annual turnover exceeding AED 10 million must apply for registration by 30 November 2017
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- Remaining businesses with an annual turnover exceeding the mandatory registration threshold (expected to be AED 375,000) must apply for registration by 4 December 2017
If you are interested in VAT services in Dubai & UAE, please drop us an email or call us to get a free initial consultation.