Make Tax Compliance Easy in the UAE with AlNoor’s Professional Assistance
Value Added Tax and Corporate Tax are rather complex legalities to understand and it becomes even more daunting for emerging businesses in the UAE. With various opportunities, UAE is a growing business hub and at AlNoor we understand how complex it can be to understand the various tax regimes. We provide you comprehensive VAT and Corporate Tax registration services, ensuring you meet all requirements set by the UAE’s Federal Tax Authority (FTA). Whether you are a startup, a small to medium-sized enterprise, or a large corporation, our team of tax specialists manages every aspect—from registration to filing and compliance—allowing you to concentrate on expanding your business.
VAT Registration in the UAE
Understanding VAT
Before we understand the various requirements for VAT registration, we need to understand what VAT is – Value Added Tax (VAT) is a 5% tax levied on goods and services provided in the UAE. VAT regimes were implemented in 2018 and ever since their implementation it is one of the essential components for businesses. VAT registration is mandatory if your annual taxable revenue surpasses AED 375,000.
Who Requires VAT Registration?
- Businesses with taxable supplies exceeding AED 375,000 (mandatory registration)
- Businesses with taxable supplies ranging from AED 187,500 to AED 375,000 (optional registration)
- Companies involved in import/export activities, e-commerce, and professional services
VAT Registration Services
At AlNoor, we offer you VAT related services across every stage of your business. Here’s a list of services that we offer –
- Eligibility Assessment – A comprehensive eligibility assesssment is done to determine if your business is required to register for VAT.
- FTA Registration & TRN (Tax Registration Number) Issuance – We maintain and streamline the application process for your convenience.
- VAT Group Registration – If you provide various services but operate under a single entity this is the option for you.
- VAT Return Filing & Compliance – Ensure timely submissions to avoid any penalties.
- VAT Deregistration – Support for businesses that no longer qualify for VAT registration.
Corporate Tax Registration in the UAE
Understanding Corporate Tax
In the year 2023, the UAE government implemented a Corporate Tax of 9 percent on businesses that earn profit exceeding AED 375,000. The corporate tax is applicable to –
- Businesses operating in the UAE with taxable profits that surpass the specified threshold.
- Freelancers and independent contractors whose annual earnings exceed AED 375,000.
- Foreign entities generating income within the UAE.
Our Comprehensive Corporate Tax Services Include:
- Corporate Tax Registration & TRN Issuance – Efficient and precise registration with the FTA.
- Tax Compliance & Advisory – Gain insights into tax rates, exemptions, and effective strategies.
- Corporate Tax Return Filing – Ensure your submissions are accurate to avoid any penalties.
- Tax Planning & Optimization – Legally minimize your tax obligations.
