Since January 1st of the year 2010, the UAE has been subject to a value-added tax. After it is put into effect, it will be compulsory for everybody who is required to get registered under the VAT regime to do so, as registration will be required. Every person who is registered is required to file their returns on time and without any delay, and they are also required to collect VAT in accordance with the regulations that have been established by the relevant authorities. If you do not comply with the provisions of VAT, you will be subject to significant penalties and further legal issues. The following is a list of suggestions that business owners can use to avoid incurring significant fines related to vat registration : Registration for VAT was completed on time. Everyone who sells taxable items or provides taxable services and who fulfils the requirements for becoming registered is required to do so without delay, provided that they meet the eligibility requirements. If the...