VAT’s UP

Provisional Tax Registration Numbers issued, says FTA

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In a statement on Saturday, as reported in the Gulf News, the Federal Tax Authority has started issuing provisional tax registration numbers to Tax Groups, and will soon be issuing provisional tax numbers to individual businesses to ensure that there is no delay in the January 1, 2018 deadline for VAT roll-out in UAE.

It is presumed that the permanent numbers will be issued once the application has been fully reviewed and amendments made by business to ensure completeness.