Value-added tax or VAT is a form of indirect tax levied on the use or consumption of goods and services at each point of sale. Ultimately, the cost is borne by the end consumer. Companies and foundations charge VAT on behalf of the government. With the introduction of VAT in the United Arab Emirates on January 1, 2018, consumers are expected to pay 5% for the products or services they use. With the right VAT registration services in Dubai, Sharjah and across UAE, you can easily manage the VAT aspects of your business. Registration under UAE VAT Law includes the authorities' approval of your business. Talking to a VAT provider in the UAE facilitates all VAT-related processes and helps your business comply with the UAE's VAT laws and regulations. IBM GLOBAL is the leading online Dubai company VAT registration and dubai trade vat registration, in the United Arab Emirates and provides exclusive services for VAT such as online VAT registration, and VAT accounting and bookkeeping Dubai. 

Voluntary VAT registration in Dubai is optional when the company's turnover is below the mandatory VAT registration limit - the potential amount repaid upon purchase of the company and compliance costs to the tax administration must be carefully considered and reported before such a decision is made. Companies that are not VAT registered cannot charge VAT on their sales and cannot claim VAT on their input.

Companies need to record all business transactions that include:

• Import or export
• Tax invoices
• Delivery and purchase of goods exempt from VAT or free of zero-classified goods
• Debit or credit notes