This article provides a clear and practical explanation of Corporate Tax and VAT in the UAE, highlighting their distinct purposes,…
The introduction of Value Added Tax (VAT) in the United Arab Emirates marked a significant milestone towards efforts aimed at…
Assessing a company's qualification for VAT registration and understanding its corresponding responsibilities is an essential aspect for entities subject to…
The Federal Tax Authority in the UAE defines a residential building for VAT purposes as a residential building or part…
It stands as a fact that right from the year 2018, when the VAT was introduced, the business of the…
VAT is an indirect tax imposed at every stage of the supply chain and then passed on to the end…
Under UAE VAT law, zero-rated VAT applies to taxable supplies that are subject to VAT at a rate of 0%.…
Under UAE VAT Law, VAT on healthcare falls into two categories: zero-rated and standard-rated (5%). Healthcare services are zero-rated, i.e.,…
The standard VAT rate in the UAE is 5%, applicable to the majority of taxable supplies of goods and services,…
Value Added Tax (VAT) constitutes a significant component of the UAEs' tax framework and is applicable across various sectors, including…