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How does VAT registration impact a mainland business setup in UAE?

VAT registration significantly impacts a mainland business setup in UAE as it is mandatory for businesses exceeding the annual turnover threshold of AED 375,000. Registered companies must charge 5% VAT on taxable supplies and file regular returns. Non-compliance can lead to penalties. VAT registration also allows businesses to claim input tax credits, reducing overall costs. A reliable mainland business setup in UAE consultant can guide you through the VAT registration process, ensuring compliance and helping you maintain accurate financial records to meet legal obligations.

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2 Comments

Ramson William

Mar 21

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