Businesses are responsible to careful document their commercial income, business costs and associated VAT charges on their supply chain. Registered companies and traders charge VAT to all their customers at the prevailing rate (which is 5%) and incur VAT on goods, products and services that they buy from suppliers; as well as apply VAT in UAE while making a sale. The difference between these sums is reclaimed or paid to the government. If you find it difficult to maintain your financial records and are still clueless about the procedures of VAT registration and tax filing in UAE, then contact Shuraa Tax Consultants in UAE. We at Shuraa Tax Consultants support with every requirement of UAE Dubai Taxation Services & documentation. Speak to our Tax consultant to understand the taxation system in UAE and the documents you will require for VAT registration of your company. Call us on +97144081960 / +97150 579 5019 or visit https://www.shuraatax.com/