A taxable person is any individual who has registered or who is mandated to enroll for taxation purposes pursuant to VAT Decree-Law No. 8 of 2017. A taxable person is, in plain English, any anyone (natural or legal, corporate or not), engaged in business for profit, whose annual revenue exceeds the legal limit of AED 375,000. He is an individual who must pay taxes in accordance with the requirements of the applicable tax legislation.