Uae Vat Registration Deadline

Businesses with a turnover exceeding aed 150m should apply for registration before october 31 2017.
Uae vat registration deadline. Filing of the monthly value added tax declaration on or before the 20th day following the end of the taxable month for manual filers on or before the prescribed due dates enunciated in rr no. Oct 31 2017 is a deadline for businesses with annual turnover of dh150 million. Upon registration a dedicated vat account number will be assigned to the entity. In uae vat the standard vat return period applicable to most of the taxpayers is quarterly return i e.
16 2005 for e filers using bir form no. 2017 the uae federal tax authority said. The uae federal tax authority fta has announced the deadlines for vat registration in the uae. Vat registration vat registration is the process through which a subject to vat entity requests to be enrolled for vat.
Upon registration the businesses will be issued a vat registration number which will be mentioned on tax invoices etc. Businesses collect and account for the tax on behalf of the government. With uae implementing vat starting from 1st of january 2018 it is mandatory for eligible businesses to register with the federal tax authority fta and obtain the tax registration number trn as per the deadline published by fta given below. 2550q reflecting therein gross.
Mandatory registration all entities subject to vat generating or expected to generate more than bhd 5 000 000 in annual supplies of goods and continue reading 2nd phase of vat registration. This has been summarized below. Vat is a form of indirect tax and is levied in more than 180 countries around the world. Get to know about the vat registration and the deadlines for the process check vat registration deadlines by uae federal tax authority to avoid delays uae 800 82559 saudi 800 2442559 bahrain 800 12559.
The delay in the registration under uae vat when it is mandatorily required under uae vat law and rules made there under could be subject to financial penalty of aed 20 000 hence the due care must be taken by all the businesses about this legal requirement to protect the business interest. The last date to file the return will be the 28th day following the end of the vat return period. Also the fta may request a certain type of business to file the vat return on a monthly basis. Value added tax vat value added tax or vat is a tax on the consumption or use of goods and services levied at each point of sale.
As value added tax vat.