How to Check TRN Validity in UAE
When a VAT registration application is completed and approved, the authorities in the United Arab Emirates assign a TRN to each taxable business. The FTA issues this VAT number for tax group registration purposes and should be linked to each supply.
The Tax Registration Number (TRN), introduced in the UAE in 2018, is a unique identifying number provided to organizations and entities that are VAT in UAE. It is an essential component for enterprises doing business in the UAE because it is necessary for all tax-related operations, such as tax returns, invoicing, and filing for (Value Added Tax) VAT refunds.
Before we go into the specifics of how to validate the validity of a TRN, let’s first define what it is.
What exactly is TRN?
The TRN is a unique 15-digit code issued by the UAE’s FTA (Federal Tax Authority). This one-of-a-kind code serves as a tax ID for both corporations and individuals. TRN is also known as a VAT identification number in some parts of the world.
A unique TRN number is assigned to each registered firm or individual under UAE VAT. Furthermore, only firms registered under UAE VAT can charge VAT to clients. Charging VAT if you are not a “registrant” can find you in legal trouble.
Most firms in the UAE are unfamiliar with the notion of value-added tax (VAT). VAT is essentially a levy that businesses charge their customers and then remit to the government. In order to boost the UAE’s economy and reduce its reliance on oil, a 5% VAT was implemented in 2018. VAT on business transactions is handled differently depending on the type of VAT supply. Registrants must charge 5% VAT on taxable supplies (taxable goods and services) to their customers.
Why is TRN Verification Important?
Businesses with an annual revenue of AED 375,000 or more must register for VAT, according to UAE tax law. It comprises businesses that provide goods or services, freelancers, and individuals who earn money from VAT-exempt activity.
Businesses must register VAT in UAE with the Federal Tax Authority (FTA) online through the FTA’s e-services site to get a TRN. Once registered, the FTA will issue a TRN that must be used for all VAT-related transactions, such as generating invoices and submitting tax reports.
Failure to obtain a TRN or register for VAT can result in penalties and fines; therefore, adhering to UAE tax legislation is critical.
TRN Verification Dubai
TRN verification UAE is simple and immediate. Every registrant must include their TRN on their VAT invoice. You must complete a brief TRN number verification step before processing each invoice with VAT charges.
Here’s how you do TRN verification
To confirm the authenticity of a Tax Registration Number (TRN) in the UAE, you can easily do so with our assistance instead of visiting the FTA website directly. Here’s a step-by-step guide:
- 1.Provide TRN Details
Share the TRN number and company name with us, along with any additional security code issued.
- 2.Verification Process
We will initiate the TRN verification process on your behalf. Our team will use the FTA website’s TRN verification tool to ensure the accuracy of the provided TRN.
- 3.Confirmation
Once the verification process is complete, we will inform you of the TRN’s status. This will indicate whether the TRN is legitimate or not.
- 4.Additional Information (if applicable)
In case the TRN is valid, we will provide you with any extra information available, such as the registered owner’s name.
By opting for our assistance, you can conveniently verify the TRN without the need to navigate the FTA website directly. This streamlined process ensures a hassle-free experience, allowing you to focus on your business while we handle the verification on your behalf.
Advantages of Verifying TRN on Invoices
VAT verification has various advantages that assure secure supply transactions in Dubai, United Arab Emirates. Let’s talk about it:
- Reduce unethical VAT charges.
- Verify suppliers for legal transactions.
- Begin securing tax invoices.
- It eliminates the use of forged tax identification numbers.
- Protect government revenue.
- VAT registration number check
- Request an input tax credit.
- The utility is free for both registered and unregistered users.
Wrapping It Up
Obtaining a tax registration number (TRN) is essential for anyone doing business in Dubai or the UAE. VAT verification number, as well as all linked transactions, are necessary. Fortunately, checking TRN is a simple process that can be completed online via the Federal Tax Authority’s e-services portal.
Businesses that have a valid TRN can assure compliance with UAE tax legislation and avoid penalties and fines. Maintaining compliance with tax regulations and procedures is critical for success in Dubai’s competitive business environment, and obtaining a TRN is a vital element of that process.
