Registration under VAT for Companies based in Umm Al Quwain
"We assist businesses, institutions, and entities based in Umm Al Quwain - UAQ in registering for VAT with the Federal Tax Authority (FTA). Companies required to register for VAT must create an online account on the FTA website and complete the VAT registration form."
Turnover limits for Registration:
A business must register for VAT if their taxable supplies and imports exceed the mandatory registration threshold of AED 375,000.
Furthermore, a business may choose to register for VAT voluntarily if their supplies and imports are less than the mandatory registration threshold, but exceed the voluntary registration threshold of AED 187,500.
Similarly, a business may register voluntarily if their expenses exceed the voluntary registration threshold. This latter opportunity to register voluntarily is designed to enable start-up businesses with no turnover to register for VAT.
A business must register for VAT if their taxable supplies and imports exceed the mandatory registration threshold of AED 375,000.
Furthermore, a business may choose to register for VAT voluntarily if their supplies and imports are less than the mandatory registration threshold, but exceed the voluntary registration threshold of AED 187,500.
Similarly, a business may register voluntarily if their expenses exceed the voluntary registration threshold. This latter opportunity to register voluntarily is designed to enable start-up businesses with no turnover to register for VAT.
Details needed for the registration:
1. Business Applicant's information
2. Contact information
3. Banking information
4. Business related parties information
5. Business Manager's information
1. Business Applicant's information
2. Contact information
3. Banking information
4. Business related parties information
5. Business Manager's information
Companies who should register:
Companies based in Umm Al Quwain and having trade license from authorities as listed below should go for the registration under UAE VAT depending upon the meeting of the taxable turnover criteria.
Companies based in Umm Al Quwain and having trade license from authorities as listed below should go for the registration under UAE VAT depending upon the meeting of the taxable turnover criteria.
Umm Al Quwain Department of Economic Development
Umm Al Quwain Free Trade Zone
Umm Al Quwain Municipality
Umm Al Quwain Free Trade Zone
Umm Al Quwain Municipality
Frequently asked questions in UAQ for the VAT Registration
Who is eligible for VAT registration in UAE?What is the turnover limit for VAT registration in UAE? How much does it cost to register for VAT in UAE?What documents need for VAT registration?How can one initiate the process of VAT registration online in the UAE?How to register for VAT in UAE for new company ?What are the requirements for VAT registration in the UAE?What is VAT registration threshold in UAE? |
UAQ: Gupta Accountants VAT Compliance Services |
The Gupta Accountants team of professionally vat consultants offers best assistance on the vat registration, vat filings, vat refund, vat audit, vat consulting, vat deregistration , vat voluntary disclosure and all other stages of compliance under value added tax in Umm Al Quwain.
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