VAT and Corporate Tax – Consultancy

VAT & Corporate Tax Consultancy in the UAE

Mandatory Registration for VAT in the UAE

Businesses operating in the UAE must register for VAT if their taxable supplies and imports exceed AED 375,000 annually. This registration ensures compliance with the Federal Tax Authority (FTA) regulations and helps avoid penalties. At Dynamic Ventures, we guide businesses through the VAT registration process, ensuring a smooth and hassle-free experience.

Voluntary Registration for VAT in the UAE

If your taxable turnover is between AED 187,500 and AED 375,000, you have the option to register for VAT voluntarily. Voluntary registration can be beneficial for businesses looking to reclaim input VAT on expenses, enhance credibility, and improve financial planning. Our tax consultants provide tailored advice to help you determine whether voluntary registration aligns with your business goals.

Our VAT & Tax Consultancy Services

Mandatory registration: Your company’s value of taxable goods and services exceeded the mandatory registration threshold (AED 375,000.00) over the previous 12-month period, or your company’s anticipated total value of all taxable goods and services will exceed the mandatory registration threshold (AED 375,000.00) in the next 30 days.

Our VAT & Tax Consultancy Services

Dynamic Ventures offers expert VAT and corporate tax consultancy services designed to keep your business compliant with UAE tax regulations. Our services include:

An Overview of UAE VAT Compliance

Navigating VAT compliance in UAE requires a thorough understanding of UAE tax laws. Key aspects of VAT compliance include:

Maintaining accurate financial records
Issuing tax invoices correctly
Filing VAT returns on time
Understanding VAT exemptions and zero-rated supplies
Adhering to FTA guidelines and regulations

Dynamic Ventures provides businesses with end-to-end VAT compliance support, helping you avoid fines and penalties while maximizing tax benefits.

Get VAT Services Today

What Makes UAE a Good Place to Launch a Business?

UAE is one of the world’s leading business hubs, offering numerous advantages to entrepreneurs and investors, such as:

100% foreign ownership in free zones
Tax-friendly environment with competitive corporate tax rates
Strategic location connecting global markets
Business-friendly regulations and infrastructure
Access to a diverse talent pool and investment opportunities

Our experts at Dynamic Ventures assist clients in setting up businesses in Dubai, ensuring compliance with local tax and regulatory frameworks.

What Does Value-Added Tax (VAT) Mean?

Value-Added Tax (VAT) is an indirect tax levied on goods and services at every stage of the supply chain. The standard VAT rate in the UAE is 5%. Businesses collect VAT from customers and remit it to the government, ensuring compliance with the FTA’s taxation system. Understanding VAT implications is crucial for businesses to maintain financial accuracy and compliance.

The standard VAT rate in the UAE is 5%.
VAT registration is mandatory for businesses exceeding AED 375,000 in annual taxable turnover.
Voluntary VAT registration is available for businesses earning over AED 187,500 annually.
Certain goods and services are exempt or zero-rated under VAT regulations.
VAT returns must be filed periodically to the FTA.
Non-compliance with VAT laws can result in significant penalties.
Businesses must maintain proper records and issue tax invoices as per FTA guidelines.

Dynamic Ventures ensures that your business is VAT-compliant, avoiding legal and financial risks.

7 Things to Know About VAT in UAE