We can help you avoid a 10.000 AED fine if you are doing business in the UAE
Sign up for a free consultation on obtaining TRN (tax registration number) for every business owner
A company will face a fine of AED 10 000 if it is not registered with TRN and has not obtained a tax registration number
If you are doing business in UAE, then you must be aware of the innovations from February 2024 on tax law. Obtaining a TRN has become a mandatory procedure regardless of the company’s revenue
The UAE Federal Tax Authority (FTA) has already started fining legal entities and conducting on-site audits. UAE authorities have significantly increased the number of tax audits in the past year as they continue to fight tax evasion and protect consumers in the country
A company will face a fine of AED 10 000 if it is not registered with TRN and has not obtained a tax registration number
If you are doing business in UAE, then you must be aware of the innovations from February 2024 on tax law. Obtaining a TRN has become a mandatory procedure regardless of the company’s revenue
The UAE Federal Tax Authority (FTA) has already started fining legal entities and conducting on-site audits. UAE authorities have significantly increased the number of tax audits in the past year as they continue to fight tax evasion and protect consumers in the country
What anyone who wants to do it themselves will encounter:
- 1There are several steps in the registration process to get a TRN, which are not written anywhere in plain language
- 2You will have to spend more than 4 hours learning how everything works
- 3You may make mistakes in registration, which will make it problematic to change anything later
- 4You will face a complicated procedure of paying the state duty for registration
- 5You will have to wait a long time for the result of the procedure if you do it yourself
What anyone who wants to do it themselves will encounter:
- 1There are several steps in the registration process to get a TRN, which are not written anywhere in plain language
- 2You will have to spend more than 4 hours learning how everything works
- 3You may make mistakes in registration, which will make it problematic to change anything later
- 4You will face a complicated procedure of paying the state duty for registration
- 5You will have to wait a long time for the result of the procedure if you do it yourself
At the free consultation you will learn:
1) What penalties your company may receive for incorrectly submitted documents in the area of tax and accounting law
2) What business innovations are still in force from the beginning of 2024 for all legal entities that do business in the UAE
2) What business innovations are still in force from the beginning of 2024 for all legal entities that do business in the UAE
3) How you can avoid having your bank accounts blocked to a legal entity
4) What the registration thresholds are for VAT and TRN
4) What the registration thresholds are for VAT and TRN
1) What penalties your company may receive for incorrectly submitted documents in the area of tax and accounting law
2) What business innovations are still in force from the beginning of 2024 for all legal entities that do business in the UAE
2) What business innovations are still in force from the beginning of 2024 for all legal entities that do business in the UAE
3) How you can avoid having your bank accounts blocked to a legal entity
4) What the registration thresholds are for VAT and TRN
4) What the registration thresholds are for VAT and TRN
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Fill out the form and our managers will contact you
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