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.