Register for value added tax, There are two required documents that come with registering for VAT in the UAE . It depends on the type of company, is it included in the tax registration or not, and mention it as follows:
The papers required from a businessman registered as an individual to obtain a tax certificate:
- A copy of a passport.
- Letter of request with signature.
- residence permit.
The papers required from a businessman registered as an authority to obtain a tax certificate:
- A copy of the foundation law.
- A copy of the decree.
- Letter of introduction signed by the Commissioner.
Required papers for company registration:
- A copy of the commercial license.
- Request signed by the company’s management.
How to collect VAT
Registered companies are required to document their business revenues and costs, in addition to the value-added tax associated with those revenues and costs. Companies registered for tax purposes will impose value-added tax on all their customers according to the prevailing tax rate, and they will also pay value-added tax on the value of goods and services that they purchase from suppliers. The difference between the tax that is collected and that which is paid is the one that is paid to or recovered from the government.
At the International Center for Consulting and Auditing, we provide tax advice and tax compliance services to our clients. Our tax advisors are experts in tax law, planning and tax compliance. We help our clients to register in taxes and cancellation. The International Center for Consulting and Auditing helps to file objections in the event of any dispute on VAT.