BusinessGetting Your TRN Number in the UAE: A Simple Guide

Getting Your TRN Number in the UAE: A Simple Guide

Starting a business in the United Arab Emirates is not an easy job. Setting up a business in the UAE involves several complicated government procedures. One of such mandatory requirements is obtaining a Tax Registration Number (TRN) for your company. This unique identification number helps the authorities to track your business activities for tax-related activities.

In this blog, Getting Your TRN Number in the UAE: A Simple Guide, the experts at Damaar, the top business setup consultants in Dubai will break down what a TRN is, why you need it, and how to get it step by step. Whether you’re a pro at running businesses or just starting out, this guide will help you understand everything you need to know about getting your TRN number in the UAE. So, let’s get started and get your business on the right track!

What is TRN?

A TRN number, which stands for Tax Registration Number, is a unique 15-digit number given by the Federal Tax Authority (FTA) in the UAE to distinguish one business from another. It’s issued once for each business, even if the company has different activities or branches.

If a business has a TRN number, it needs to include it on all invoices, documents, and financial transactions like VAT Return Filing, Tax Invoice, and Tax Credit notes. Only businesses with a TRN certificate are allowed to charge VAT to their customers.

How to apply for Tax Registration Number (TRN) in UAE

Getting a Tax Registration Number (TRN) in the UAE is done through an online process. Before applying for VAT registration, you must first create an e-Service account on the FTA website. Here are the steps you need to follow to acquire a TRN in the UAE according to our Business Setup Services in Dubai

  • Visit https://eservices.tax.gov.ae and click on “Sign Up”. 
  • Fill the details in the registration form.
  • An email will be sent to the email address you have registered with, asking for email verification.
  • You have to Confirm your email and then log in to your account with the credentials.
  • Click on “Register for VAT”.
  • You’ll then be navigated to the ‘Getting Started Guide’.
  • Tick the box labeled “Confirm that you’ve reviewed the getting started guide” and then proceed by clicking “Proceed.”
  • You have to add your details in the eight sections of the form to complete the VAT registration and obtain the TRN.
  • You can also track the registration process based on the color indicators. The section in progress will be shown in brown color and the completed ones will have a green tick mark.
  • Complete by clicking on ‘Submit for Approval’.

Requirements for obtaining a Tax Registration Number (TRN) in the UAE.

Every business operating in the UAE is required to comply with state laws, which include VAT regulations. To obtain a Tax Registration Number (TRN) in the UAE, a company must meet specific revenue criteria. These requirements are outlined below.

Voluntary Registration Requirements 

  • The VAT registration threshold in the UAE is set at AED 187,500. 
  • Businesses with revenues exceeding AED 187,500 but not surpassing AED 375,000 have the option to register for VAT. 
  • Companies generating revenue below AED 187,500 are not required to undergo VAT registration.

Mandatory Registration Requirements 

  • The compulsory threshold for TRN registration is approximately AED 375,000.
  • Suppose the company’s revenue is expected to exceed the threshold in the upcoming month or has already exceeded it in the past 12 months. In that case, the company must register for VAT to avoid penalties and fines.

Documents required to obtain TRN

Following are some documents that are required to get your TRN number for business.

  • Company’s MoA
  • Company’s trade license
  • Import or export declarations
  • Company Bank Account Details
  • Company’s turnover declaration letter
  • Company’s contact details and address
  • Emirates IDs of the shareholder/manager
  • Passport copies of the shareholder/manager
  • Last Year’s income statement and bank details
  • Sample invoices from the suppliers and customers

Why is TRN important in the UAE?

A Tax Registration Number (TRN) is very much required for any company registered for tax purposes in the UAE, especially for VAT. Here are several reasons why having a TRN for your business in the UAE is important.

Legal Compliance: If your business’s taxable supplies and imports surpass AED 375,000 annually, VAT registration and obtaining a TRN are mandatory. Failure to do so could lead to penalties and legal repercussions.

Regulatory Compliance: The Tax Registration Number (TRN) plays a vital role in the UAE’s VAT system, ensuring compliance with tax regulations. Non-compliance with VAT regulations might result in fines.

VAT Returns: Businesses must consistently file VAT returns within specified deadlines. Tax authorities use the TRN to identify taxpayers during the submission of VAT returns.

Refund Eligibility: VAT refunds are only available to businesses registered for VAT with a valid TRN number.

How to verify the Tax Registration Number

To check the validity of your TRN number in UAE, you need to visit the FTA website. Follow the instructions.

  • Log in to the FTA e-service portal
  • Please select “TRN Verification” from the top menu.
  • Fill out the TRN field and;
  • Please click on the “Validate” option to verify the authenticity of your TRN number.

How long does it take to obtain a TRN certificate in the UAE?

Typically, it takes about 20 business days to get your Tax Registration Number (TRN) certificate in the UAE after your application gets approved. However, if the Federal Tax Authority (FTA) needs more information for Tax Registration, it might take longer to process your application thoroughly.

Why Choose Damaar?

When it comes to registering for VAT and obtaining a TRN, it’s essential to ensure accuracy to avoid rejection and unnecessary repetition. Damaar Business Setup consultant offers expert guidance, leveraging extensive experience and in-depth knowledge of UAE regulations. We specialize in streamlining the VAT registration process, drawing from years of experience and a comprehensive understanding of UAE laws. Choose us to navigate the complexities with confidence.

rESENT pOSTS

Exploring the Intriguing World of “This Person Does Not Exist”: Technology, Applications, and Ethics

Man-made consciousness (artificial intelligence) keeps on altering our reality...

How Your Business Can Develop High-Quality Informational Videos

In today's digital age, video content has become a...

Why You Should Hire a Personal Injury Attorney in Asheville, NC

When you're dealing with the aftermath of an accident,...

Free AI Detector Tools: Ensuring Authenticity in the Age of Artificial Intelligence

In the present computerized scene, the multiplication of simulated...

7 Financial Tips for Gym Owners to Maximize Profits

Owning a gym goes beyond creating a space for...

MillBankCapital Review – Maintain an Edge with This Cryptocurrency Trading Platform

Traders gauge a service provider's importance based on its...

TradeSafer Review – Explore the Capabilities of an Advanced Learning Platform

An experienced trader with years in crypto trading can...

OnBoardCapital Review – A Trading Platform That Gives The Highest Importance To Safeguarding Data

In today's digital age, information is immensely valuable for...

Acrylic: The Best Choice for Custom Keychains

When it comes to bespoke keychains, acrylic stands out...

Unveiling OEd’s Bachelor of Science Computer Engineering Program

Intro Are you thinking of going into computer engineering as...

How to Extend the Lifespan of Your AC Unit: Top Maintenance Tips

The majority of people would quickly concede that having...

Embracing the Future of Payments A Deep Dive into eChecks

In the quick changing world of digital money, old...

Top 10 Best Malaysian Kombucha Manufacturers in 2024

Welcome to the effervescent universe of fermented tea in...

Maximize Your Grow Tent’s Potential with a Clip-on Fan

A grow tent is an essential tool for indoor...

The Best Mind Mapping Apps for Small Businesses

In the fast-paced world of small business Mapping Apps,...

Energy Efficiency and Savings: Advantages of Automating Pool Cleaner

Since technology is such a rapidly growing field, the...

A Guide to Growing Your Business Online

In the present computerized age, laying out areas of...

Top 5 Industries Benefiting from Fiber Laser Marking and Engraving Machines

Fiber laser marking and engraving machines have revolutionized various...

Maintaining Your Hot Tub The Key to a Relaxing Oasis of Bliss at Novo Place

Discover a plethora of Singaporean delicacies at Jurong East...

The CTA Compliance Hustle: New Regs, New Revenue Streams

Entrepreneurs, brace yourselves. A regulatory storm is brewing, and...

Unveiling Secrets: The World of Private Investigations in Oklahoma

Private investigation has long been a mysterious and intriguing...

5 Tips on How to Dress for a Networking Event

Networking events offer a prime opportunity to make valuable...

Discover the Ultimate Adventure: Private Kenya Safaris

Kenya, a jewel of East Africa, offers some of...

Unlock Your Inner Artist: Simple Steps to Mastering Art

Art is a universal language that transcends boundaries, allowing...

Serhiy Tokarev on Empowering Ukrainian Girls in STEM

Serhiy Tokarev, an IT entrepreneur and the initiator of...

Future-Proof Your Business with IT-Consulting and Digital Transformation

In the current complex business world, competition is not...

How GST e-Way Bill Simplifies Your Business Journey with Seamless Tax Compliance

In the dynamic world of business and tax, the...

Understanding the Mind-Altering Powers of Magic Mushrooms in Today’s Society

Magic mushrooms a.k.a Psilocybin mushrooms have intrigued humanity for...

Hardtop Gazebo vs. Soft Top Gazebo: Which Is Better?

When it comes to enhancing your outdoor space with...

Unlocking the Future of Cycling with the Urtopia Smart eBike

In today's fast-paced world, where technology seamlessly integrates into...

How to Hire a Reliable and Trustworthy SEO Specialist: Your Ultimate Guide

Hey there! Hiring a reliable and trustworthy SEO specialist...

The Importance of Proactive Tree Trimming for Business Premises

Maintaining the landscaping around a business property is often...

How to Drive Traffic to Your Personal Injury Business Website

Having a solid web presence is essential for drawing...

Pay Less, Sell More: The Future of Low-Fee Payment Processing

The prosperity of businesses in the present digital era...

Best Places to Work in Metro Manila

Metro Manila has a robust economy that comprises 16...

Data Science in Modern Healthcare: Applications & Benefits

The Healing Power: Data Science's Role in Revolutionizing Healthcare Data...

How to Choose an LED Lighting Wholesale Supplier?

The choice of the LED lighting wholesale supplier can...

Exploring the Tailored Coverage Options for Independent Courier Businesses

The independent courier industry thrives on agility and efficiency....

Why Auto-Owners Insurance Is Essential in Fort Myers, FL

As auto insurance offers financial protection against theft, accidents,...

Transforming Your Home’s Aesthetic: Choosing the Right Farmhouse Garage Door Supplier

IntroductionA garage door is more than just a functional...

310 Creative: Your Partner in Outbound Lead Generation

The ever-changing world of B2B marketing and sales requires...

How Do Virginia’s Medical Marijuana Card Services Compare?

If you are a resident of Virginia and seeking...

How can UX boost your website?

In today's fast-paced digital world, user experience (UX) is...

Revolutionizing Home Cleaning: The Advanced Mopping Robot

The Evolution of Home Cleaning Technology In recent years, home...

Top Reasons to Switch to a Cat Water Fountain: Benefits of Happy & Polly Drinking Fountains

Ensuring your cat stays hydrated is crucial for their...