TAXVAT

VAT & Tax Consultancy

At Swift Solutions,
our team of highly experienced and qualified accountants will help you easily understand and comply with the UAE’s Value Added Tax (VAT) policy. We assess your invoices, quotations, contracts, and purchase orders to determine if your business falls under mandatory or voluntary VAT registration.

Mandatory Registration
Your company’s value of taxable goods and services exceeded the mandatory registration threshold (AED 375,000.00) over the previous 12-month period, or your company’s anticipated total value of taxable goods and services will exceed AED 375,000.00 in the next 30 days.

Voluntary Registration
Your company’s value of taxable goods and services exceeded the voluntary registration threshold (AED 187,500.00) over the previous 12-month period, or your company’s anticipated total value of taxable goods and services will exceed AED 187,500.00 in the next 30 days.

Tax Residency

Our tax advisors can assist you in securing an individual or corporate tax residency certificate from the Federal Tax Authority (FTA).

FTA Portal and Documentation
From creating an online account through the FTA portal to assisting and submitting required documents in the correct formats, our experienced accountants at Swift Solutions will guide you through every step.

VAT Registration (TRN)
Our in-house accountants will assist in registering your business for VAT with the FTA, including providing guidance on eligibility for VAT exceptions. Upon completing the registration, you will receive your Tax Registration Number (TRN) certificate.

Tax Consultations
Speak one-on-one with our qualified tax experts for customized planning, helping your business achieve efficient tax outcomes while maintaining compliance with all tax obligations.

VAT Returns
Our team prepares quarterly VAT reports to help you determine whether you have VAT payable or refundable.

A Guide to VAT Compliance

in Dubai and the UAE
Did you know that the Middle East does not tax individuals?
That’s great news for entrepreneurs looking to start a business in Dubai! However, since January 1, 2018, the UAE has implemented a Value Added Tax (VAT) on most goods and services.
As a business owner, you’ll need to charge VAT in Dubai on nearly all goods and services—from restaurant meals to hardware tools. If you’re new to VAT and want to learn more, Swift Solutions is here to help you every step of the way.

At Swift Solutions, our tax specialists can assist you in every step of the VAT registration and approval process. Once approved, your business will receive a Tax Registration Number (TRN) to manage filings and compliance online.
Remember, VAT returns must be filed within 28 days from the end of your tax period. For businesses with annual turnover below AED 150 million, VAT returns are filed quarterly.

Key Facts About VAT in Dubai

VAT is charged at a standard rate of 5%.

Some goods and services are zero-rated.

our tax specialists can assist you in every step

Certain services are exempt from VAT

such as local land, water, or air transport within the UAE.

Businesses with taxable

income of AED 375,000 or more must register for VAT. Those earning above AED 187,500 may register voluntarily.

Businesses can recover Input VAT

paid on certain purchases.

VAT registration is mandatory for eligible businesses

and must be completed through the FTA portal.

Why Start a Business in Dubai?

Dubai offers a vibrant economy, extensive government support, and attractive business incentives. Most importantly, there’s no personal or corporate income tax—only a low 5% VAT on goods and services.

By setting up your company in a free zone, you can benefit from:
0% corporate and income tax rate
No customs duties
100% repatriation of profits

Understanding Value-Added Tax (VAT)
Value-Added Tax (VAT) is a consumption-based tax applied to goods and services at each stage of the supply chain. It’s collected by businesses and remitted to the government. Failure to comply can result in penalties or even legal consequences.
Over 150 countries worldwide, including EU nations, Canada, and New Zealand, have implemented VAT systems.

History of VAT in the UAE
VAT was introduced in the UAE on January 1, 2018, as part of the government’s initiative to diversify revenue sources and reduce dependency on oil income. The Federal Tax Authority (FTA) was established to regulate and collect VAT, ensuring transparency and compliance across the region.

Start Your Business With Swift Solutions

Now that you understand VAT in Dubai, it’s time to take advantage of the region’s tax-friendly business environment. With Swift Solutions by your side, you can ensure full compliance with VAT regulations—while focusing on growing your business confidently and efficiently.
Contact Swift Solutions today to get started on your VAT registration, filing, and compliance journey.

VAT & Tax Consultancy Swift Solutions