I never applied for visa and residency because I didn't need them. Never got an Emirates ID, neither a visa.
I know it sounds strange
What happens if you don't register for VAT in Dubai?
- Thread starter FreedomSearcher
- Start date
- Status
I know it sounds strange
but did you do it on the "EMARATAX" portal by chance? I can't understand how you could do it in 10 mins, I am now trying and it's such a pain in the a*s that I regret having read this conversation and thought it was a good idea to try
for example, what the hell is a "Business Flow Chart" that has to be uploaded?
and how did you fill in the "Declaration letter that the company has no standard Rated Supplies" if your company has no taxable supply?
Above all this part: "We started making taxable supplies on "Month, Year" and we reached the registration threshold (Mandatory AED 375,000/Voluntary AED 187,500) on "Month, Year"."
why can't I simply skip this part if all my activity is VAT exempt?
I will try to give them a call to clarify but if anyone of you has gone through the same experience please let me know
This is how the reality looks like.
If you face every day with couple of clients the same outcome and the GoV is reluctant then I mention it here.
In return I'm framed as talking bulls**t - well, now you figure it out yourself.
Thank's for reporting back here how things workin in reality or in this case here - don't work.
Toggle signature
Yeah Fred you're right... I wanted to try also cause I needed a VAT number for other reasons but I would have avoided if I had known the procedure
That sounds to me like the true answer.
why would that be required! VAT at 0% I believe Fred know!
Toggle signature
One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
I applied for a VAT exception for 2 of my business successfully. Just google "Business Flow Chart" and modify it for your business. It is not rocket science and EMARATAX officers will not review your application in extreme detail. If you still think it is confusing, then you should go with an accountant to fill out forms but expect 1-1.5K AED cost.
Because VAT exemption and VAT registration are still related to each other.
thanks Sir
these are the kind of useful comments I was looking for, bless you
exactly what I am trying to do, not so easy as previously described by someone here
In case of a FZCO doing online (financial instruments) trading and therefore not involving any VAT sales, do the threshold of income of 100k AED of total turnover can still get triggered (independantly if the income is not from VAT related sales) ?
You should check the detailed even if your transactions zero-rated, it is still counts for the threshold. You must also calculate your import-related(buying service from abroad) transactions.
Thanks for the correction Fred.
Thanks for your input. Also, what do you mean here ?
So if you want to be sure you register for VAT and pay the VAT on time. As someone else on the forum said before, if you can't afford to charge your customers VAT your product may not be worth it.
That said, if you can sleep well at night not to do so and you such kind of a person that take risks, you may don't care.
Toggle signature
Find help to the ultimate anonymous setup on OffshoreCorpTalk - Tried, Tested & Works
Need help to get things done, ping me inside the Mentor Group Gold forums.
That said, if you can sleep well at night not to do so and you such kind of a person that take risks, you may don't care.
Toggle signature
Find help to the ultimate anonymous setup on OffshoreCorpTalk - Tried, Tested & Works
Need help to get things done, ping me inside the Mentor Group Gold forums.
Correct but has to be declared 0% rate and counts for the registration threshold.
No one-time only.
- Status