Vat Registration Dubai | Vat Registration in UAE | Spectrum Accounts

Spectrum Accounting and Auditing is a medium sized accounting, auditing and tax consulting firm based in Dubai. Our constant quest for continuous growth is the foundation for high-quality accountancy, audit and advisory services. The diversity of skills and technical expertise available with Spectrum along with its affiliated offices caters to all kinds of needs of its clients throughout United Arab Emirates, Middle East and India.

Criteria for registering for VAT
Criteria for registering for VAT
A business must register for VAT if its taxable supplies and imports or taxable expenses exceeds AED 375,000 during last 12 months.

It is optional for businesses whose taxable supplies and imports or taxable expenses exceed AED 187,500 but do not exceed AED 375,000 during last 12 months.

Taxable supplies: For the purposes of understanding whether a registration obligation exists, a taxable supply refers to a supply of goods or services made by a business in the UAE that may be taxed at a rate of either 5% or 0%. Imports are also taken into consideration for this purpose, if a supply of such goods or services would be taxable if made within the UAE.