Vat Compliance Services in Dubai, UAE
Under VAT compliance service in UAE, you need to do some homework. Below are the essential points, you require to take note of.
Registration: If your company meets the minimum turnover criteria, then you must get registered for VAT. All the companies registered under VAT would be offered a Unique Tax Payer Registration Number. If your company’s annual revenue is 3.7 million Dirham then it’s taxable, and registration is mandatory. VAT laws offer registration options for the companies having annual revenue between 1.87-3.75 million Dirham. They can get registered in the first phase or the second phase. The Government has not announced any threshold for the second phase.