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There are many advantages to starting a company in Dubai. They include government funding initiatives, economic stability, and tax benefits. Furthermore, there is no tax on personal income and corporate income (except for oil companies and foreign banks).

Almost all goods and services are subject to a 5% value-added tax (VAT), the most commonly levied consumption tax. VAT is paid by the consumer on all purchases. Businesses collect VAT and remit the same to the government.

Not complying with the government’s tax stipulations can attract penalties and even criminal charges.

Tax Registration in the UAE

At CIG, the leading tax consultancy services in Dubai, we have a team of tax experts who will help you with each step of the process of obtaining a Tax Registration Number (TRN) for your company. In general, obtaining the TRN is the same as obtaining VAT registration in the UAE. Our tax experts will liaise with the Federal Tax Authority to get you the VAT identification number. As registered tax agents in the UAE, we will help you comply with all FTA requirements.

The documents required for VAT registration in the UAE may vary depending on the nature of your business. In general, they include:

  • Copy of trade license
  • Copies of passports of business owners
  • Copies of owners’ Emirates IDs
  • Contact details of owners
  • Memorandum of Association
  • Corporate bank account details
  • Last year’s company income statement

Our Tax and VAT Services

As the leading provider of VAT services in Dubai, the qualified and experienced accountants in our team will help you comply with the UAE’s VAT policy. They will assess your quotes, invoices, contracts, and purchase orders and determine whether your business will be classified as a mandatory or voluntary registration category.

Our Tax and VAT Consultancy Services

As one of the leading VAT consultants in Dubai, we offer the following services:

Account creation: We will advise and assist you with creating an online account on the Federal Tax Authority’s portal.

Documentation: We will help you organize all the necessary documents in the FTA’s mandated format.

TRN certificate: On completing the registration process and submitting all the required documents, you will receive the TR certificate in about 21 days.

Tax residency: We have the experience and expertise to help you secure an individual/corporate tax residency certificate from the FTA. CIG Dubai’s experienced team of accountants and tax consultants will advise and assist you in implementing VAT and streamlining all business functions.

Business Setup and Tax Advisory: You must familiarize yourself with the UAE tax policies when setting up a business in Dubai. Our tax advisors and business setup consultants will provide you with step-by-step guidance on the same.

Other Services: We provide all the guidance to companies and individuals that need to register for VAT and excise tax and want to maintain their business transaction accounting records as per the stipulations of the UAE tax authority

Why Choose CIG Dubai for Tax and VAT Services

  • Leading business setup consultants in Dubai
  • We make available a wide spectrum of services
  • We provide customized solutions
  • End-to-end company formation services in the UAE
  • Professional and highly reliable services
  • Transparency in all our dealings

As one of the most reliable VAT consultants in the UAE, we know that applying for VAT registration can be tedious and often takes away a lot of your precious time. The FTA slaps hefty fines on you if you provide incorrect information during VAT registration. Therefore, it is essential to carefully handle the VAT registration process. Working with CIG Dubai makes the whole process simple and easy for you.