What is Group VAT Registration
Group VAT Registration is for businesses with close corporate relationships – typically those owned by the same person or corporate group, or having a common person or persons who control multiple businesses. By registering as a VAT group, these entities can consolidate their VAT activities and simplify their VAT reporting obligations.
This can lead to significant administrative efficiencies and cash flow benefits as it allows VAT payable to be offset against VAT refundable across all companies in the group.
Our Group VAT Registration Services
Eligibility Assessment
The first step in our Group VAT Registration service is to assess whether your group of Indian owned businesses qualify for group registration in UAE. Our team evaluates your corporate structure, including ownership and operational relationship among the entities to determine if they meet FTA’s criteria.
Tailored Consultation
We provide detailed consultation to discuss the implications and benefits of group VAT registration for your business structure. Our experts will guide your management team through the process, addressing any questions or concerns you may have regarding group registration, compliance and ongoing management.
Documentation Support
Group VAT registration requires detailed documentation to be submitted to FTA. Our team will assist your businesses in gathering all necessary records, including corporate ownership documents, financial statements and any agreements between group members.
Application Preparation
Once all documentation is ready, we will prepare your Group VAT Registration application and submit it to FTA. Our team will compile and review the application to ensure accuracy and full compliance with FTA regulations.
Submission to the FTA
We will manage the entire submission process for your Group VAT Registration application, we will file it promptly and accurately. We are familiar with FTA procedures and will navigate any challenges on your behalf.
Post-Registration Compliance
After your group registration is approved, we will provide ongoing support to ensure your compliance with VAT regulations. This includes guidance on consolidated VAT reporting, managing inter-company transactions and filing joint VAT returns for the group.