There are understandable confusions with the implementation of the VAT (values added tax) system in the UAE. Of course, not everyone is aware of what the tax system means and how it works because the country hasn’t experienced this before. This is the first time in history that UAE has imposed a tax on goods and services. The TRN registration UAE is simple and an online procedure, in you are interested then, here we present the complete guidance and discuss more in-depth on TRN number and how you can get it.
Simply put, the TRN comes with completing your VAT registration process. The FTA has opened its portals to registration since 2017, and those who have failed to accomplished the deadline were given the chance to register again. Those who haven’t tried to register certainly don’t know where to get the TRN. This is provided when the process of registration for VAT is accomplished.
What is a Tax Registration Number (TRN)
The process to apply for TRN registration Dubai is by Federal Tax Authority (FTA) online portal. TRN is a unique number. TRN number is a dedicated number which has issued to the individual or company that has registered for VAT in the United Arab Emirates through the FTA.
This is a 15-digit number through that FTA would be able to distinguish you from others. The unit to which the tax number is distributed is called the registrant who must always specify the number in the different documents prescribed by the government like Tax invoices, VAT return filing, and tax credit notes, etc.
After registering for VAT in Dubai, the TRN number would be automatically distributed to the individuals or companies. This is essential for the companies to specify the TRN number because this will permit the government to maintain track of all transactions that are done by an individual or a business.
Only those companies or merchants who have obtained their certificate of TRN are permitted to collect VAT from their customers. The companies that don’t have TRN registration Dubai would not collect VAT from their customers.
The Process for TRN Registration UAE
The process of applying for TRN registration Dubai, UAE is straightforward and this process operated online. The necessary steps for TRN registration are:
- Login to Your E-service Account
The first step for applying for TRN registration is to make an e-service account on FTA online portal. For account making, the business requires to offer certain details like the email ID and account password. Once you provide those vital details, you’ll need to obtain your login credentials in the email for your account provided previously.
- VAT Getting Started Guide
When you click on register for VAT, then you would be navigating to “Getting Started Guide”. This will help you to understand some vital factors of registration for VAT. This also offers the detail on the necessary information for accomplishing the form of VAT registration. After studying all the details in various sections, you require to click here to confirm that you have properly read ‘getting started guide’ and click on ‘Proceed’.
- Fill the Essential Details in the VAT Registration Form
When you clicked on the “Proceed” a registration form would open ahead. This form consists of eight different sections that require the business to offer an appropriate and essential information. Once all the essential information is properly filled in on one page, the portal would permit you to go to the next page. The track of the registration procedure can be easily kept as the completed pages would be marked by a green tick mark. When you filled all the pages, you require to click the “Submit for Approval”.
It will send the fulfilled registration form to the Federal Tax Authority, which would check the form and send you mail of approval. Upon approval, the unit is registered for VAT in the UAE and gets a TRN (Tax Registration Number) and the certificate of VAT registration. This number will be used to recognize you and your business between different businesses.
Documents Required for TRN Registration UAE
The necessary documents required for TRN registration Dubai or UAE are:
- Registered Email ID
- Passport copies and Emirates ID of the manager
- Turnover declaration letter
- Power of attorney copies of the manager
- Projected future revenues with supporting documents
- Details of bank account involving IBAN number
- The company’s registered number.
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