VAT Services


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VAT Services in UAE

With the UAE VAT tax reforms introduced in 2018, all companies in the UAE are subject to VAT registration and filing periodically. The Federal Tax Authority of UAE will act as the governing body for all VAT regulations and compliance.

The UAE and other GCC countries have introduced Value Added Tax (VAT) since 2018. Currently, there is 5% VAT for all transactions in UAE with exemptions on certain services like local transport, selected financial services, bare land, etc.

An audit provides independent verification that the financial statements are a true and fair representation of the entity's current situation. This provides invaluable credibility and confidence to your organisation's customers/clients, stakeholders, investors or lenders and even potential buyers.


An audit confirms the accuracy of an organisation's financial statements by analysing its financial transactions. It's a detailed process and can result in certain types of income, expenditure, assets, and liabilities being scrutinised. This critical examination, coupled with the auditor's financial expertise, can then be used by business owners for better financial planning, budgeting, and financial decision-making for the future. The auditors and auditing firms in UAE review the accounts of companies and organizations to ensure the validity and legality of their financial records of the auditing process of companies in UAE.

General Requirements for VAT Registration in the UAE

A business must register for VAT if its taxable supplies and imports exceed AED 375,000 per annum. It is optional for businesses whose supplies and imports exceed AED 187,500 per annum. By end of 2018, all companies in UAE are voluntarily required to register for VAT even if their annual revenue is less than AED 375,000 per annum.

The VAT is charged at each step of the supply chain. The end consumers generally bear the VAT cost while Businesses collect and account for the tax, in a way acting as a tax collector on behalf of the government. Companies have to keep a record of their financial transactions and ensure the accounts are audited periodically so that they stay compliant with the VAT regulations and avoid any default.

Documents Required For VAT Registration in UAE

  • Trade License of the company
  • Certification of incorporation or registration
  • Article of association/partnership agreement
  • Manager profile
  • Passport copy of manager
  • Emirates ID of manager
  • Physical office location of the business
  • Contact details
  • Bank account details and statements
  • List of businesses of the directors/partners

Along with the required documents, there are few declarations to be submitted by the company to obtain the Tax Registration Number and complete the Tax Registration process in the UAE.

List of Documents Stating Declarations About

  • Business activities of the applicant
  • Actual or estimated financial transaction values
  • Annual Turnover of the previous year with supporting documents
  • Details of expected turnover in the next 30 days
  • Import/export transactions
  • List of GCC activities of the business
  • Details about customs registration

How Nafa Consultant Will Help You?

Starting from giving awareness about VAT guidelines to the VAT registration and VAT filing, Nafa Consultant offers comprehensive assistance and end-to-end services in the field of VAT & Accounting.

Our VAT team is equipped with all the latest norms set by the Federal Tax authority as well as a competent enough to deliver quick and accurate VAT assistance irrespective of the business you operate.