VAT services in UAE

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Uaevatexpert.ae Welcomes You
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Process of Registering

• VAT Return Filing

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Important points about VAT in UAE

• There has never been any tax in UAE, but the
  government has decided to introduced it to cut
  down its reliance on oil. UAE has finally
  commenced a VAT system from the January 1st,
  2018. As this is quite a new thing, many people
  may have doubts and confusions regarding the tax
  system in this country.

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All about Tax in UAE

• Usually, businesses that are registered under the
  official taxation body of UAE must levy VAT at a
  rate of 5 on the services and goods which are
  taxable. Only those businesses, whose annual
  imports and supplies surpass 375000 dirhams,
  require registering themselves for VAT.

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How is the VAT charged?

• The traders and businesses which are registered
  collect VAT from their customers through the
  chargeable products and services. The business
  also pays VAT to its suppliers. The difference
  between the charged and paid amount is either
  given to the government or reclaimed. If the paid
  amount of VAT is more than what they have
  collected from the customers, the businesses can
  claim to recover that.