VAT in UAE
The UAE introduced VAT in 2018, and all companies operating in the country must register and file VAT periodically. The Federal Tax Authority (FTA) oversees VAT regulations and compliance.
The UAE currently applies a 5% VAT on most transactions, with exemptions for specific services such as local transport, selected financial services, and bare land.
General Criteria for VAT Registration in UAE
- Businesses with taxable supplies and imports exceeding AED 375,000 per annum must register for VAT.
- Businesses with taxable supplies and imports exceeding AED 187,500 per annum can opt for voluntary registration.
- VAT is applied at each stage of the supply chain, with businesses acting as tax collectors on behalf of the government.
- Companies must maintain financial records and undergo regular audits to ensure compliance and avoid penalties.
Documents Required for VAT Registration in UAE
- Trade License
- Certificate of Incorporation/Registration
- Articles of Association/Partnership Agreement
- Manager Profile
- Passport Copy & Emirates ID of Manager
- Business Office Address
- Contact Details
- Bank Account Details & Statements
- List of Business Ownership (for the last five years) with Trade License Copies
Additional Documents for Tax Registration
- Business activity details
- Estimated or actual financial transactions
- Annual turnover of the previous year
- Expected turnover for the next 30 days
- Import/export transaction details
- GCC business activities
- Customs registration details
How ROI Management Consultancy Can Help
At ROI Management Consultancy, we provide complete VAT and accounting solutions, including:
- VAT awareness sessions
- VAT registration and compliance support
- VAT return filing
- Accounting and bookkeeping services
Our VAT experts stay updated on the latest FTA regulations and ensure a seamless registration and filing process for your business.
Tax Consultation and Accounting Services in UAE
Accurate accounting is vital for financial growth. Our expert accountants handle financial planning, bookkeeping, and business development, allowing you to focus on core business activities.
Our Accounting Services Include:
- Financial transaction management
- Periodic auditing and compliance
- Bookkeeping using software like QuickBooks, Peachtree, Quicken, and Tally
- Tax planning and VAT filing
We cater to businesses of all sizes, from startups to established enterprises, ensuring customized solutions tailored to your needs.
Our Services Help You With:
- Scaling business operations
- Efficient logistics and order processing support
- Seamless bank integrations for electronic transactions
- Financial reports for informed decision-making
At ROI Management Consultancy, we prioritize accuracy, compliance, and efficiency in all financial services.
Build a Strong Financial Foundation with ROI
Corporate Tax is now a reality in the UAE. That means your business, whether brand new or long established, needs solid, up-to-date financial records. Not just for peace of mind, but because it’s now the law.
At ROI Management Consultancy, we’re a licensed accounting and bookkeeping firm helping businesses like yours stay compliant without the stress. We keep your books clean, so you can keep your focus on growth.
Why Bookkeeping & Accounting Really Matter Now
With Corporate Tax kicking in, here’s what every business is expected to do:
Keep clear records of all financial activity
Make sure monthly bookkeeping is accurate and on time
File Corporate Tax returns based on real-time, audit-ready financials
Avoid fines that come from errors, late filings, or sloppy accounting
Is It Actually Mandatory?
Yes — and here’s what the law says (Federal Decree-Law No. 47 of 2022):
- You must maintain your accounting records for at least 7 years
- You need to prepare proper financial statements
- Your Corporate Tax filings must reflect these records
If you don’t?
You’re looking at possible penalties, audits, and trouble with renewing licenses or managing your bank accounts.
What We Offer
Our accounting and bookkeeping services are built for businesses in the UAE. Here’s what’s included:
Monthly or quarterly bookkeeping
Setting up a Chart of Accounts that fits your structure
Bank reconciliations, ledgers, and clean records
Managing payables and receivables
Corporate Tax-ready reports
VAT return filing help
P&L, balance sheet, and more — delivered regularly
We use tools like Zoho Books, QuickBooks, Tally, and Xero, and we customise everything based on your business needs.
Why Work With ROI?
- We’re a licensed UAE bookkeeping and accounting firm
- Our team knows local finance laws inside out — 10+ years of experience
- Plans start from AED 500/month, no surprises
- We give you real-time reports and insights
- Full support for Corporate Tax, VAT, and compliance — end-to-end