Starting your business in the UAE?
Then let’s make something clear from day one: accounting isn’t optional — it’s essential.
And don’t worry — it’s not nearly as complicated as people make it out to be. Let’s break down what you actually need to know, without the fluff.
Step 1: Register for Corporate Tax
Every new business in the UAE must register for tax within the first 3 months of starting operations.
What you get:
- A Tax Registration Number (TRN)
- An official tax certificate
This is a one-time setup and only takes a few steps — so don’t leave it till the last minute.
Step 2: Understand VAT — and When It Applies
VAT (Value Added Tax) isn’t for everyone, but here’s the breakdown:
- Mandatory VAT Registration → If your taxable turnover exceeds AED 375,000 in a 12-month period
- Voluntary VAT Registration → Available once you hit AED 187,500
So how do you know when to register?
Track your numbers from the start — and keep an eye on your rolling 12-month turnover.
Need help with that? Most businesses do in the beginning — that’s why I always recommend getting basic tracking in place before it becomes urgent.
Step 3: File Your Tax Return Annually
At the end of your financial year, you must:
- File your corporate tax return
- Submit your financial statements
- Get your accounts audited, if required (depends on business type and location)
Mainland and certain Free Zone businesses may be subject to audit requirements — and banks often ask for audited reports if you apply for finance later.
Why It Pays to Keep Things Clean from Day One
I’ve seen it too many times — founders ignoring accounting for the first year and then scrambling when the deadline hits.
But if you:
- Register for tax early
- Track your revenue monthly
- Use a simple system or hire help
You’ll be way ahead of the game when it’s time to file.
This isn’t about paperwork — it’s about protecting your business and building trust from day one.
Build It Right from Day One
If you’re launching in the UAE, don’t let accounting catch you off guard. I can help you get the structure right, connect you with the right accounting support, and keep you compliant without the overwhelm.
Book a free consultation and let’s make sure your numbers work for you — not against you.
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