Do you know the difference between VAT and TRN? And you look further to register yourself as a taxpayer? Don’t worry; Shuraa Tax has your back. Like you, many entrepreneurs in Dubai and investors have no clue about getting a Tax Registration Number or TRN in Dubai. If you are running a foreign-owned business, you must understand the importance of value-added tax, VAT, and TRN.
In Dubai, the VAT Registration process is essential for every business. This means getting a TRN number. It’s a 15-digit code that shows you’re registered and helps tax authorities keep track of your finances through your invoices.
TRN is for Tax Registration Number. The UAE’s federal tax authority uses a 15-digit code, FTA, in short form. Each business gets one TRN number, even if it has different parts or branches.