Stay compliant with UAE tax regulations with expert support.
We help you register for VAT and obtain individual or corporate tax residency certificates from the Federal Tax Authority (FTA).
- VAT & TAX SERVICES
Our VAT and Tax Consultancy Services
Tax Residency Certificates
We assist individuals and companies in obtaining Tax Residency Certificates from the UAE Federal Tax Authority (FTA), ensuring a smooth and compliant application process.
FTA Portal & Documentation Support
From setting up your FTA account to preparing and submitting required documents in the correct format, our team ensures full compliance with FTA standards.
VAT Registration & TRN Issuance
Our experts guide you through VAT registration, determine your eligibility for VAT exceptions, and ensure you receive your official Tax Registration Number (TRN) without delays.
VAT in Dubai and the UAE: A Quick Guide for Businesses
Dubai offers major tax advantages for businesses, with no personal or corporate income tax. However, since January 1, 2018, the UAE introduced a 5% Value-Added Tax (VAT) on most goods and services. Understanding VAT is essential for operating a compliant and efficient business in the region.
What is VAT?
Value-Added Tax (VAT) is a consumption-based tax applied at each stage of the supply chain. While consumers ultimately pay it, businesses are responsible for collecting and remitting VAT to the Federal Tax Authority (FTA).
Key VAT Facts Every Business Should Know:
1. VAT Rate
Standard VAT rate: 5%
Applies to most goods and services, including imports.
2. Zero-Rated Supplies
Charged at 0% VAT, but businesses must still register and file returns.
Applies to:
Exports outside the GCC
International transportation
Newly constructed residential properties (first supply within 3 years)
Healthcare and education services
Precious metals (99% purity)
3. Exempt Supplies
Not subject to VAT and do not require VAT collection or remittance.
Includes:
Local public transport
Residential property rentals
Financial services
Bare land sales
4. Who Needs to Register for VAT?
Mandatory for businesses with annual taxable income over AED 375,000
Voluntary registration possible for those above AED 187,500
5. Input Tax Recovery
Businesses can reclaim VAT paid on business expenses if they offer taxable supplies.
Not applicable for businesses dealing in exempt supplies.
6. VAT Registration and Filing
Register via the FTA online portal
File VAT returns quarterly or monthly, depending on turnover
Maintain up-to-date records to avoid penalties
7. Penalties for Late Payment
First-time late filing: AED 1,000
Repeat offenses: AED 2,000+
Unpaid VAT can incur up to 300% penalty over time
Make VAT Compliance Simple
Staying VAT-compliant is crucial to avoid legal risks and financial penalties. At Mavericksvcs, we offer full VAT registration, filing, and advisory services ensuring your business meets all regulatory requirements from day one.
