VAT REGISTRATION SERVICES
VAT REGISTRATION STEPS!
MHR Chartered Accountants provides comprehensive VAT registration services in the UAE, assisting businesses in navigating the registration process smoothly. Here are the steps involved in VAT registration, along with an explanation of each step:
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Pre-Assessment: MHR conducts a pre-assessment to determine if a business is eligible for VAT registration. They review the business activities, turnover, and assess whether the business meets the mandatory registration threshold.
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Documentation Preparation: MHR assists in gathering the necessary documents required for VAT registration, such as trade license copies, owner/partner passport copies, Emirates ID copies, and bank statements.
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Application Submission: MHR prepares and submits the VAT registration application on behalf of the business to the Federal Tax Authority (FTA). They ensure that the application is completed accurately and all required information is provided.
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Follow-up and Communication: MHR maintains regular communication with the FTA regarding the status of the VAT registration application. They follow up on any queries or additional information requested by the FTA to expedite the registration process.
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VAT Certificate Issuance: Once the VAT registration application is approved, MHR assists in obtaining the VAT certificate from the FTA. The VAT certificate serves as proof of registration and enables businesses to collect VAT from customers and claim input tax credits.
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Compliance Guidance: MHR provides ongoing support and guidance on VAT compliance requirements. They educate businesses on maintaining proper VAT records, filing VAT returns on time, and fulfilling other VAT obligations.
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