Trusted Audit Firms in Dubai & How to Register for VAT in UAE for a New Company

Starting a business in the UAE is a promising venture with its favorable economic policies, tax-free zones, and global connectivity. However, to remain compliant and competitive, understanding the regulatory framework—especially around audits and VAT registration—is crucial.

At Albabtax, we specialize in providing expert accounting, audit, and VAT consultancy services to new and established businesses across Dubai and the UAE. In this comprehensive guide, we’ll explore why choosing the right audit firms in Dubai matters, and walk you step-by-step through how to register for VAT in the UAE for a new company.

Why Are Audit Firms in Dubai So Important?

Audit firms in Dubai play a pivotal role in maintaining the financial health and transparency of businesses. Whether your company is just starting out or has been in operation for years, an audit ensures:

• Compliance with UAE laws

• Transparency for investors and shareholders

• Financial planning and risk management

• Eligibility for tenders and public listings

What Do Audit Firms in Dubai Offer?

Reputable audit firms offer a range of services, including:

• External and internal audits

• Financial statement audits

• Forensic audits

• Due diligence reviews

• Risk assessments

• Regulatory compliance audits

At Albabtax, we combine deep knowledge of the local market with international best practices to ensure your business gets clear, actionable financial insights.

How to Register for VAT in UAE for New Company – Step-by-Step Guide

VAT (Value Added Tax) was introduced in the UAE in 2018 at a standard rate of 5%. It applies to most goods and services. As a new business, VAT registration is a critical step for compliance and long-term financial planning.

Here’s a detailed breakdown of the process:

1. Determine VAT Eligibility

You must register for VAT if your taxable turnover exceeds AED 375,000 annually. If your revenue is between AED 187,500 and AED 375,000, registration is optional.

New companies should project their expected turnover to determine if registration is mandatory or voluntary.

2. Collect Required Documents

To register for VAT, the Federal Tax Authority (FTA) will ask for:

• Trade License Copy

• Passport and Emirates ID of the owner/partners

• MOA (Memorandum of Association)

• Contact details (email, phone, etc.)

• Bank account information

• Projected revenue statement

• Import/Export customs details (if any)

3. Create an e-Services Account with FTA

Go to the Federal Tax Authority (FTA) portal: https://eservices.tax.gov.ae

• Click “Sign up”

• Fill in user details

• Confirm via email

4. Complete the VAT Registration Form

Once logged in:

• Choose VAT registration

• Enter your business information

• Provide turnover details

• Upload necessary documents

• Declare whether you're registering mandatorily or voluntarily

5. Wait for VAT Certificate

Once submitted, your application is reviewed by the FTA. If approved, you'll receive your Tax Registration Number (TRN) and VAT certificate.

This typically takes 5-20 business days, depending on the accuracy of the submission.

Common Mistakes to Avoid During VAT Registration

• Incorrect financial projections – Leads to rejection or penalties.

• Incomplete documentation – Delays the process.

• Lack of VAT implementation – TRN must be included in invoices, and you must submit VAT returns.

At Albabtax, we guide new businesses through every step of this process, ensuring hassle-free and timely VAT registration.

Why Choose Albabtax – One of the Leading Audit Firms in Dubai

Dubai is home to hundreds of audit and consultancy firms. But what makes Albabtax stand out?

 Local Expertise, Global Standards

Our auditors and consultants have deep knowledge of UAE regulations and international accounting standards (IFRS, GAAP). This ensures accurate, compliant audits with strategic financial insights.

 End-to-End Support

From company formation, VAT registration, and bookkeeping to audits and tax consultancy—we cover it all under one roof.

 Transparent Pricing Plans

We believe in value-driven pricing. Here’s a look at our standard plans tailored to businesses of all sizes:

Frequently Asked Questions (FAQs)

Q1: Is VAT registration mandatory for all new businesses in the UAE?

No, VAT registration is only mandatory if your taxable supplies and imports exceed AED 375,000/year. However, voluntary registration is possible at AED 187,500 in revenue.

Q2: How long does it take to get a VAT certificate in the UAE?

Typically, it takes 5 to 20 working days, depending on document accuracy and FTA backlog.

Q3: What are the penalties for non-compliance with VAT?

FTA penalties include:

• AED 10,000 for failure to register

• AED 15,000 for incorrect tax filings

• Additional interest or suspension of trade license

Q4: Can Albabtax help with backdated VAT registration or error correction?

Absolutely. We offer FTA liaison, penalty mitigation, and rectification services to bring your business back into compliance.

How Albabtax Makes It Easy

Registering for VAT and maintaining audit compliance can feel overwhelming—especially for startups and SMEs. At Albabtax, we simplify the journey:

• Dedicated tax consultants for personalized guidance

• Automated bookkeeping and VAT return filing

• Regular updates on FTA policies and tax law changes

• Transparent pricing—no hidden fees

We’re not just one of the many audit firms in Dubai—we’re your partners in business success.

Ready to Get Started?

Whether you’re launching a new company in Dubai or just realized you need to register for VAT, don’t wait. Compliance is not optional, and proactive planning gives your business a stronger foundation.

Final Thoughts

Dubai’s economic landscape offers incredible opportunities—but staying compliant with auditing and VAT laws is essential to your success. Choosing a reliable partner like Albabtax ensures that your financial and legal obligations are managed professionally and affordably.