Tax Registration thresholds under VAT
For startups, if the VAT attracted expenses are more than AED 187,500/, (USD 50K) such companies have to be registered under the UAE VAT law.
Taxable Person means any person who carries out economic activities to generate income.
A taxable person as per the UAE VAT law can register in the third quarter of the year 2017. It is mandatory to get registered by every taxable person under the VAT registration platform before the end of the year 2017.
Two or more persons that are residents of the same member state to register for VAT as a Tax Group. Such group will be treated as a single entity for compliance of UAE VAT law. Entities can register as VAT Group if:
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