What are the documents required for VAT Registration?

There are two types of VAT registration services, companies will choose one category before applying for VAT registration and it will be based on their annual turnover. Following are the VAT registration categories:

Mandatory VAT Registration: Last 12 months turnover is more than AED 375,000.

Voluntary VAT Registration: last 12 months turnover is more than AED 187,500 but less than AED 375,000.

There are many factors which businesses should consider before applying for VAT registration processes like whether to apply for mandatory VAT registration or voluntary VAT registration, The other aspect is to apply for single VAT registration or a Tax group.

Documents Required are:

1- Copy of Trade License. (should not be expired);
2- Passport copy of the owner/manager who owns the trade license. (should not be expired);
3- Emirates ID copy of the owner/manager who owns the trade license. (should not be expired);
4- Contact Details of the company. (P.O Box and complete address such as building & area);
5- Memorandum of Association (MOA) – (not mandatory for sole establishments);
6- Concerned person’s contact details. (Mobile Number, Designation, Email Address);
7- Bank Details of the company. (Must be company’s bank account – Individual’s bank account will not be accepted) – (Account Name, Account Number, IBAN, Bank Name, Branch Name);
8- Turnover declaration for the last 12 months. (should be signed and stamped by the owner of the company and must be printed on the company’s letterhead);