The form should be completed by a person who is authorized signatory of the business e.g. a Director, owner, someone holding Power of Attorney to sign on behalf of the business etc.
Prior to completing the form ensure you have considered the following:
As per Article (7) of Executive Regulation of Federal Decree Law No (8) clearly states that the person or entity having a threshold of AED375, 000/- (sales) has to be registered for TRN immediately.
Article (8) Executive Regulation of Federal Decree Law No (8) recommends the business person to register on VOLUNTARY basis if the Sales & Supplies exceeds AED187,500/-
In this regards we are receiving lot of queries from the public and business people and we are delighted to address it as follows:
The closing date for mandatory registration was 30 th April 2018 and those who have not registered within the deadline will get a Fine of AED20, 000/-by FTA while issuing the TRN and which will notify by the FTA via registered email to client.
Yes As per Article (7) Clause No.5 clearly states that where a person expected his supplies in accordance with Decree law will exceed the Mandatory threshold during the next 30 days shall also be registered even before the deadline.
a) The Effective date starting from shall be the 1 st day of the month proceed for
b) Ensure the threshold exceeded date should be given the exact date the limit
c) Ensure the Registration is Voluntary by clicking voluntary button
d) Activity shall be selected apt to the business
e) Customs Code should add if the business have Import /Export Code from