When starting a new business in UAE, there are many factors to consider before applying for VAT registration services. For in-depth discussion about how to register your company for VAT in UAE, what are the exemptions for UAE VAT registration we can evaluate the same and assist you with your VAT registration requirements.
Mandatory threshold for VAT registration is required for revenue turnover above AED 375,000 in preceding 12months and threshold for voluntary registration is AED 187,500 for revenue in preceding 12 months.
A registrant can apply for VAT deregistration in the event of him ceasing to make taxable supplies or the value of the Taxable Supplies made over a period of 12 consecutive months is less than the Voluntary Registration Threshold and our VAT team can guide you for the process.
M&M as one of the tax consultants in Dubai, UAE and other emirates can guide on the applicability, right time for VAT registration in Dubai, UAE and documents needed. VAT deregistration can be done for different reasons and M&M can assist the clients for the same.