A Comprehensive Guide on VAT Registration Process in UAE

Barishturner19 Nov, 2020Finance

VAT stands for Value Added Tax and is an obligatory tax for all the business entities in UAE. Because of this common enforcement, VAT registration is done free of cost. The governing body of VAT in UAE is the Federal Tax Authority (FTA). The VAT registration procedure can be completed online on the official FTA website. While the tax has been enforced for quite some time now, many business people are still not well-versed with the entire application and registration process. Further, some people know the partial process.