Your business has crossed the VAT threshold, and the Federal Tax Authority (FTA) now requires a Tax Registration Number (TRN). Neyom Global manages your entire UAE VAT registration process, documents, submission, and approval so you can focus on running your business.
The items mentioned are not merely legal boxes to check; each one has a tangible impact on your business’s daily operations.
Once registered, you can issue VAT-compliant invoices to your clients, without which many corporate and government clients cannot accept them.
VAT returns must be submitted to the FTA on a quarterly or monthly basis. We are pre-configured correctly, and so these submissions are made easy at the beginning.
Registered businesses can reclaim VAT paid on purchases and operating expenses, improving overall cash flow.
Operating without VAT registration when required can lead to significant penalties. Registration involves defense against fines that are not necessary.
VAT registration encourages businesses to maintain accurate financial records, which helps with accounting, audits, and financing applications.
VAT registration is essential if your business imports goods into the UAE or exports products to international customers.
Four steps. We handle most of them. You focus on your business.
We consider your business information and prepare all the documents that the FTA requires. Nothing is submitted until everything is properly prepared.
Your VAT registration is done online on the FTA portal by our team.
The FTA looks over your application. We handle the communication, and if the FTA requests additional information, we respond quickly on your behalf.
A tax registration number is generated. We forward it to you and guide you through the process of it—your first VAT return.
Have these ready before we begin, and we will complete the process quickly.
One fee. Everything covered. No surprises at the end.
You do not need to log into government portals or figure out FTA forms. We do all of that. You share your documents, and we take it from there.
Every application we submit meets the FTA's exact requirements. If there is a query from their side, we handle it — you do not need to get involved.
Not automatically. Compulsory registration starts at AED 375,000 per year of your taxable supplies. Below this threshold, VAT registration is optional, but most of the businesses tend to apply voluntarily for AED 187,500 to get the tax recovery benefits.
The FTA imposes a penalty of AED 20,000 as the late registration fee. To add to that, in case you have been issuing invoices exceeding the limit but no TRN, there are other fines for non-conforming invoicing. It is always more expensive to register late than it is to register on time.
Yes. You should register immediately, even when the company is new and you expect a taxable turnover that is higher than AED 375,000 in the next 30 days. In case you want to do voluntary registration, you are expected to spend between AED 187,500 and AED 375,000 in turnover.
The FTA does not charge a fee for VAT registration. In Neyom Global, our service costs start at AED 500, and this includes all these, namely preparing documents, submitting them, FTA correspondence, and also TRN confirmation.
You can. The FTA portal is open to all people. However, it is more complicated than it would appear at the surface since there are specific rules on business activity classification, calculating turnover, and registering customs of importers, as well as specific requirements for documents. The majority of the businesses that attempt to register themselves and make a mistake call us later. We had better deal with it at first hand.
Yes. Neyom Global is an established UAE business set-up and visa consultancy firm. We collaborate with the concerned UAE authorities and have processed all the Golden Visa applications in all scenarios that are eligible as per the criteria on behalf of the clients in more than 50 countries.
Deregistration may be made in case of the decline of your taxable supplies below AED 187,500 and if you fail to honor the voluntary threshold anymore. It has its requirements and even a time frame within which it should be carried out. We also deal with VAT deregistration, by the way; we should know whether you need that too.
Get your VAT registration sorted today and keep your business fully compliant with UAE tax law.Our team is ready to start. Share your documents, and we will handle everything from here.
