There are no modifications to the original information the UAE government provided to enterprises. Those who offer taxable goods and services with annual revenue imports of AED 375,000 or more must register for VAT. If you sell things or offer services and earn more than AED 187,500 but less than AED 375,000 in a year, you can choose to register. It’s up to you if you want to do this.

If you’re looking to gain a better understanding of the TRN requirements, ECCURACY can be of great help to your business. With our assistance, you can quickly and confidently navigate the extensive guidelines of the UAE’s new tax law.

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Documents required

When registering for VAT, you must prepare and digitise several documents. These will need to be submitted to the FTA’s portal.

The following documents are generally required for registration, but they may vary or be supplemented depending on the nature of the business, the type of business, and other factors.
The entire VAT registration process can be completed online without visiting a government office.

Consequences of non-compliance

Any business that registers late will incur a fixed fine of AED 10,000. The FTA will also impose additional penalties on unpaid tax liability based on the date the threshold is exceeded.

The form will be discarded if incorrect information is provided or an error occurs during registration. The company will have to repeat the entire registration process, prolonging the registration process.

Confirming TRN authentication

Allowing businesses to submit and collect taxes is one of the essential requirements for registering for VAT. Verification of TRNs ensures that companies charging clients VAT have a valid TRN.

If the consumer pays VAT without TRN verification, they cannot claim the VAT return as an input tax credit. An FTA check can be performed by both businesses and individuals to prevent the loss of tax revenue and verify the legitimacy of a company professing to be VAT-registered.

Procedures for TRN Verification:

Visit https://tax.gov.ae/en/default.aspx

● Click on the ‘TRN’ icon from the right-side list.
● Enter the business’ TRN in the space provided.
● Enter the Security Code as it appears on the display.
● Click on the ‘Validate’ icon.

If the number is accurate, both the English and Arabic names of the company will be shown.

If you want to avoid any penalties, it’s a good idea to seek a reputable consulting firm that can handle all aspects of TRN registration, from the initial assessment to the actual procurement process. This will ensure a smooth, hassle-free experience without unnecessary delays or complications.

We understand how important it is to prepare for business tax, and we are committed to helping you every step of the way. So, let us guide you to success and ensure your business is financially sound.