Overview of UAE VAT Law 2025
The UAE has introduced updated VAT regulations for 2025, which impact businesses across various sectors. Understanding these changes is crucial for compliance and smooth operations.
Key Updates in UAE VAT Law 2025
- New VAT Rates: Adjustments in VAT rates for specific industries.
- Registration Threshold: Updated revenue threshold for mandatory VAT registration.
- Tax Filing Procedures: Changes in tax return filing deadlines and methods.
- Penalties & Compliance: Revised penalties for non-compliance and late filing.
- Exemptions & Zero-Rated Supplies: Updates on tax-exempt and zero-rated goods and services.
VAT Registration Process
Businesses must register for VAT if their taxable supplies exceed the specified threshold. The process involves:
- Gathering necessary documents (Trade License, Passport copies, etc.).
- Submitting an online application via the UAE Federal Tax Authority (FTA).
- Receiving VAT registration number upon approval.
How Vibrant Accounts Dubai Can Help
At Vibrant Accounts Dubai, we assist businesses with:
- VAT Registration & Compliance
- Tax Return Filing & Consultancy
- VAT Refunds & Audit Support
- Tax Planning & Advisory
Contact us today for expert VAT solutions!