The following business are the ones who should and can apply for VAT in UAE registration on or before 4 December 2017, as per the Federal Tax Authority (FTA)
The deadlines for registration are as follows:
There are a couple of listed violations and respective penalties that were released in the provisions of Cabinet Decision No. 40 on Administrative Penalties for Violations of Tax Laws in the UAE that is adopted by the UAE Council of Ministers. Every single violation against the Federal Law No. 7 of 2017 on Tax Procedures, Federal Decree-Law No. 7 of 2017 on Excise Tax, and Federal Decree-Law No. 8 of 2017 on Value-Added Tax (VAT) shall be fined in accordance with the provisions in the Cabinet Decision No. 40.
In order to avoid being penalized, it is better to follow the laws laid down by the FTA and the government.
The VAT registration in UAE can fall into two categories as below:
A) Mandatory Registration
Any business is required to register if they fall into the following classifications: