Financial Services
Businesses operating in the UAE whose turnover exceeds the mandatory threshold of AED 375,000 are required to register for VAT with the FTA (Federal Tax Authority). Post registration, a unique 15-digit number is assigned to them, also known as the Tax Registration Number (TRN). This tax registration number serves as their VAT registration number or VAT number in UAE, which allows authorities to recognize a particular business. Therefore, businesses are required to mention this VAT number in all their financial documents as recommended by the UAE VAT LAW and Executive Regulations. If you want to obtain your TRN from the FTA, connect with the financial experts at Shuraa Tax.