Who is required to conduct an annual audit in Dubai and the UAE?

Under UAE Commercial Companies Law and Free Zone regulations (DMCC, JAFZA, DAFZA), mainland and qualifying free zone companies must prepare and submit annual audited financial statements adhering to IFRS standards.

What corporate tax services does SBR Chartered Accountants provide?

SBR Chartered Accountants delivers comprehensive UAE Corporate Tax compliance, including corporate tax registration, tax computation, deductible reviews, return filing, and FTA representation.

VAT Registration Services in Dubai, UAE

Determine your VAT threshold and register your business seamlessly with the Federal Tax Authority (FTA) to obtain your TRN instantly.

Understanding UAE VAT Thresholds

Direct Answer: VAT registration in the UAE is mandatory if a business’s taxable supplies and imports exceed AED 375,000 within the preceding 12 months, or are expected to exceed this in the next 30 days. Voluntary registration is available for businesses generating over AED 187,500, allowing them to recover input tax early.

Late registration for VAT leads to an automatic administrative penalty of AED 10,000. Our FTA-registered Tax Agents handle the entire EmaraTax portal registration, ensuring correct TRN allocation without delays. For ongoing compliance after registration, see our VAT consulting services in the UAE and VAT return filing services in Dubai.