Taxable Turnover

Definition

Taxable Turnover refers to the total value of taxable supplies and imports used to determine whether a business must register for VAT in the UAE.


Key Points


  • Includes standard-rated and zero-rated supplies
  • Excludes exempt supplies
  • Mandatory VAT registration threshold: AED 375,000
  • Voluntary registration threshold: AED 187,500


Example

A business generating AED 420,000 in taxable turnover within 12 months must register for VAT.

Get in touch
Chat on WhatsApp
Message us
Whatsapp icon
Testimonials
For entrepreneurs by entrepreneurs
Ahmed Founder of Oasis Tech Solutions
"Fuluflow has been a game-changer for my small tech business. It's user-friendly and tailored to the UAE market, making VAT compliance a breeze"
90%
of our customers save time, money and are satisfied with Fuluflow.
Sign up to Fuluflow for free
Do as other UAE based companies
"Fuluflow has been a lifesaver for our trading business. It's designed with the UAE market in mind, making tax calculations and reporting a breeze. The support team is responsive, ensuring we are always on top of our financial game. Thank you, Fuluflow!"
Fatima Ibrahim
Fuluflow iphone app
Keep your numbers in your pocket with Fuluflow

Download the Fuluflow app for iPhone or Android, and stay up to date with you company anywhere. Create invoices to your customers, or scan your receipts from your purchases.

Get your financial dashboard with Fuluflow for free today
© Fuluflow LLC-FZ - 2024