In UAE there are the following steps to find the Tax Registration Number (TRN) of a Company: 1. Checking Tax Invoices for the Company The easiest and most common way of verifying a company’s TRN is from its tax
A business must register for VAT if its taxable supplies and imports exceed AED 375,000 per annum. Foreign businesses may also recover the VAT they incur when visiting the UAE. How to Applying for VAT and TRN The process for registering for VAT and TRN number is the same....
If the TRN is not valid, you will get the message shown below: If the TRN is valid, you will get the message shown below, with the legal name of the entity in English as well as Arabic: Hence, this tool can be used by all persons in UAE to ensure that they pay VAT only to pe...
While leaving UAE, the tourists will be able to claim for VAT Refund. The tax-free tag needs to be validated within 90 days of purchase. The entire process has been designed in an easy manner so as to avoid human intervention and can be completed in a quick and hassle-free way. All ...
In the above section, details such as the "TRN" or "Tax Registration Number" of the taxpayer, as well as their name and address will be captured. These details will be auto-populated. In case of tax agent submitting the VAT return on behalf of a taxpayer, the details of TAAN (Tax Ag...
Important Filing Dates in the UAE The last day to file any VAT return, be it monthly or quarterly, is the28th day of the month following the end of the VAT return period. For instance, if you are filing a quarterly VAT return for the quarter that runs from February to April, then th...
However, until now, this has happened on a voluntarily basis. In comparison to end-users, through MSDSs and EPDs, professional users of paint products get substantially more information about health and environmental effects such products may cause. In this regard, asymmetry of information takes ...
Who needs to register for VAT in the UAE? The criteria for VAT registration in Dubai and other Emirates is determined by a company’s overall income, which reaches the threshold of AED 375,000. Regardless of when they get to this limit, this is the point where they need to do registrati...
This part of the return is divided into 9 sections. Box 1 - Standard Rated Supplies: Captures the sale of all goods and services sold or supplied within the UAE with 5% VAT. There is a subsection for each emirate, in which you are required to capture the sales you have made to custome...