Ways My Business Can Benefit From VAT Registration - PowerPoint PPT Presentation

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Ways My Business Can Benefit From VAT Registration


The Best VAT registration services in Dubai has professionals and experienced who assess the requirements of a company’s business structure and plan VAT implementation based on the financial strengths & weaknesses of the company. Companies can adopt various structures based on business type & goals. A group of Professional and Experienced accounting firms in Dubai also help a business adopt the most suitable structure for maximum benefits & enhanced revenue. – PowerPoint PPT presentation

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Title: Ways My Business Can Benefit From VAT Registration

Ways My Business Can Benefit From VAT Registration
What Is VAT?
  • VAT is short for Value Added Tax. This becomes a
    requirement for companies when they pay the tax
    with their annual income and the rate of the tax
    is 5. It is payable with most of the products
    and services sold with the exception of a few
    items. These items will be according to what the
    government list holds. 
  • But most business organizations will pay the
    standard VAT charges that are set by the
    government. The companies can get the assistance
    of accounting firms in Dubai for this.

Input And Output In VAT
  • There are two aspects to VAT. They are
  • Input This is the money that you recover from
    the products and services that you purchased.
  • Output This is the money that you owe to the
    government for the goods and services that you
    provided to your customers. This money does not
    come out directly from your pocket. In fact, it
    is the end-user who is paying this tax and you
    are the carrier of the tax to the government.
  • So you have nothing to lose ultimately and if you
    are in Dubai and still have not registered for
    VAT, then you can get in touch with the VAT
    registration services in Dubai and get the
    needful done.

Types Of VAT Registration
  • There are various VAT registrations in Dubai.
    This registration depends on the revenue
    generated by your business and the income that is
    liable to pay taxes to the government. They are
    as below
  • Voluntary VAT Registration Services This tax
    becomes applicable for all business owners who
    earn at least AED 187,500 375,000 in a year.
    You can voluntarily pay your VAT after getting
    the TRN or the Tax Registration Number. Even if
    you do not want to pay your taxes in this
    category there are no fines levied on you. 
  • Mandatory VAT Registration Services This tax
    becomes applicable for all citizens whose annual
    turnover is more than AED 375,000. You will have
    to take a TRN from the government so that you can
    conduct your business smoothly throughout the
    kingdom. You are then permitted to collect taxes
    on the goods and services that you provide.

How Will Small Business Owners Benefit From VAT
  • If you are VAT registered as a small businessman,
    then your business will become more authentic and
    people will rely on you for the goods and
    services that you give. You pay the VAT only
    once, then the next time you can keep the money
    for that particular product or service if you are
    given the money. 
  • When you earn the designated amount that comes
    under the scanner of VAT, it means your business
    is well off and you give a different impression
    to others. Your VAT status is clear when you put
    in the numbers given to you. It becomes

Who To Contact For VAT Registration Services?
  • You can contact various accounting services in
    Dubai for a hassle-free VAT registration that
    will give you the benefits and make you a
    bonafide taxpayer to the nation. No one can say
    anything to you regarding your business and your
    tax payments to the government.

  • Thank You

Accountant Dubai
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