Tax Registration Number in the UAE

1. UAE TAX UAE TAX REGISTRATION NUMBER REGISTRATION NUMBER

2. Do you know the difference between VAT and TRN? And you look further to register yourself as a taxpayer? Don’t worry; Shuraa Tax has your back. Like you, many entrepreneurs in Dubai and investors have no clue about getting a Tax Registration Number or TRN in Dubai. If you are running a foreign-owned business, you must understand the importance of value-added tax, VAT, and TRN. In Dubai, the VAT Registration process is essential for every business. This means getting a TRN number. It’s a 15-digit code that shows you’re registered and helps tax authorities keep www.reallygreatsite.com track of your finances through your invoices.

3. WHAT’S TRN? WHAT’S TRN? TRN is for Tax Registration Number. The UAE’s federal tax authority uses a 15-digit code, FTA, in short form. Each business gets one TRN number, even if it has different parts or branches. Remember, if you have a TRN number, you must include all your invoices, documents, and financial activities, such as VAT Returns Filing, Tax Invoices, Tax Credit notes, etc. Only businesses with a TRN certificate can add VAT charges for their customers.

4. WHO CAN GET A TRN WHO CAN GET A TRN IN THE UAE IN THE UAE If the business operates in the UAE, it must follow the country’s rules and laws. They need to follow the VAT regulations too. To be eligible for VAT registration and a Tax Registration Number (TRN) in the UAE, businesses must meet specific revenue criteria outlined below: 1. FOR VOLUNTARY REGISTRATION 1. FOR VOLUNTARY REGISTRATION For voluntary registration, you need to follow the points mentioned below: You can choose whether to register for VAT if your earnings are between 187,000 AED and 375,000 AED. If your business makes over 187,500 AED, you can sign up for VAT and get a TRN. If you earn less than 187,500 AED, you don’t have to bother with VAT registration. 2. FOR MANDATORY REGISTRATION 2. FOR MANDATORY REGISTRATION For Mandatory Registration, you need to follow the points mentioned below: You must get a TRN if your business earns about 375,000 AED. If you expect to earn this much in the next month or have earned it in the past year, you must register for VAT to avoid fines.

5. HOW CAN THE VALIDITY OF HOW CAN THE VALIDITY OF TRN IN THE UAE TRN IN THE UAE BE CHECKED BE CHECKED To verify your TRN in the UAE: 1.Go to the FTA website 2.Log in to the e-service portal 3.Click on “TRN Verification” at the top 4.Enter your TRN and click “validate” to check its validity

6. DOCUMENTS NEEDED DOCUMENTS NEEDED FOR TRN APPLICATION FOR TRN APPLICATION To get a TRN for your business in the UAE, you’ll need to submit specific documents to the relevant department. A trusted tax consultancy specialist like Shuraa Tax can help in this process, making sure your timely registration is done. Here’s a list of required documents: 1.Company’s Memorandum of Association (MoA) 2.The company’s trade license 3.Import or export declarations 4.Company bank account details 5.Company’s turnover declaration letter 6.Company’s contact details and address 7.Emirates IDs of the shareholder/manager 8.Passport copies of the shareholder/manager 9.Last year’s income statement and bank details 10.Sample invoices from suppliers and customers

7. VERIFYING YOUR VERIFYING YOUR TRN NUMBER TRN NUMBER Businesses and individuals in the UAE can now register and validate their TRN numbers through the Federal Tax Authority’s online platform. Alternatively, professional tax consultants like Shuraa Tax can assist with TRN number verification. To verify your TRN number in the UAE, follow these steps: 1.Visit the FTA’s EmaraTax portal. 2.Find and click on the “TRN Verification” option in the menu on the right side of the page. 3.Enter your TRN number in the designated space. 4.Type the code displayed in the image. 5.Click “submit” to view your TRN verification status.

8. HOW TO GET HOW TO GET VAT TAX REGISTRATION VAT TAX REGISTRATION NUMBER IN DUBAI NUMBER IN DUBAI Applying for a Tax Registration Number (TRN) in the UAE is mandatory for businesses exceeding the VAT threshold or planning to conduct taxable activities. The process involves registering with the Federal Tax Authority (FTA) through the EmaraTax portal. Below is a comprehensive guide to help you easily navigate the TRN registration Dubai process. STEPS TO APPLY FOR A TRN TAX REGISTRATION STEPS TO APPLY FOR A TRN TAX REGISTRATION NUMBER IN THE UAE NUMBER IN THE UAE STEP 1: CREATE AN EMARATAX ACCOUNT STEP 1: CREATE AN EMARATAX ACCOUNT STEP 2: LOG IN AND ACCESS THE DASHBOARD STEP 2: LOG IN AND ACCESS THE DASHBOARD STEP 3: CREATE A TAXABLE PERSON PROFILE STEP 3: CREATE A TAXABLE PERSON PROFILE STEP 4: ACCESS THE TAXABLE PERSON ACCOUNT STEP 4: ACCESS THE TAXABLE PERSON ACCOUNT STEP 5: INITIATE VAT REGISTRATION STEP 5: INITIATE VAT REGISTRATION STEP 6: FILL OUT THE VAT REGISTRATION FORM STEP 6: FILL OUT THE VAT REGISTRATION FORM STEP 7: UPLOAD REQUIRED DOCUMENTS STEP 7: UPLOAD REQUIRED DOCUMENTS STEP 8: REVIEW & SUBMIT THE APPLICATION STEP 8: REVIEW & SUBMIT THE APPLICATION STEP 9: APPLICATION REVIEW BY THE FTA STEP 9: APPLICATION REVIEW BY THE FTA

9. WHAT HAPPENS WHAT HAPPENS AFTER VAT REGISTRATION IN THE UAE AFTER VAT REGISTRATION IN THE UAE Once you’ve successfully applied for VAT and submitted your documents through the EmaraTax platform, the Federal Tax Authority (FTA) initiates the review process. Here’s a step-by-step breakdown of what to expect after applying for your TRN registration Dubai. 1. FTA REVIEW AND APPROVAL 1. FTA REVIEW AND APPROVAL 2. ISSUANCE OF THE VAT CERTIFICATE 2. ISSUANCE OF THE VAT CERTIFICATE 3. UNDERSTANDING YOUR TAX OBLIGATIONS 3. UNDERSTANDING YOUR TAX OBLIGATIONS 4. FTA FOLLOW-UPS AND COMMUNICATION 4. FTA FOLLOW-UPS AND COMMUNICATION

10. COMMON MISTAKES COMMON MISTAKES TO AVOID DURING TRN REGISTRATION IN DUBAI TO AVOID DURING TRN REGISTRATION IN DUBAI Even though TRN registration Dubai is a digital process, minor errors can cause significant delays or even lead to rejections. Avoid the following common pitfalls: 1. SUBMITTING INCOMPLETE APPLICATIONS 1. SUBMITTING INCOMPLETE APPLICATIONS 2. UPLOADING INCORRECT OR UNSUPPORTED 2. UPLOADING INCORRECT OR UNSUPPORTED DOCUMENT FORMATS DOCUMENT FORMATS 3. IGNORING ELIGIBILITY CRITERIA 3. IGNORING ELIGIBILITY CRITERIA 4. PROVIDING INACCURATE OR MISMATCHED 4. PROVIDING INACCURATE OR MISMATCHED INFORMATION INFORMATION 5. DELAYING RESPONSES TO FTA REQUESTS 5. DELAYING RESPONSES TO FTA REQUESTS 6. POOR RECORD-KEEPING 6. POOR RECORD-KEEPING

11. WHO IS ELIGIBLE TO GET A TRN IN THE UAE? WHO IS ELIGIBLE TO GET A TRN IN THE UAE? Eligibility for a TRN in the UAE depends entirely on your business activities and meeting specific financial criteria. Any business engaged in taxable activities should register for a TRN if its annual turnover exceeds the defined threshold. HOW LONG DOES IT TAKE TO GET A TRN HOW LONG DOES IT TAKE TO GET A TRN CERTIFICATE IN THE UAE? CERTIFICATE IN THE UAE? It takes about 20 business days to process your application and receive your Tax Registration Number (TRN) upon approval. However, the process may take longer if the FTA requires additional information.

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