VAT for Free Zone Companies in UAE

2018 saw the start of VAT compliance in the UAE and now all businesses that have an annual taxable supply in excess of AED 375,000 are required to be registered. These businesses may see a small downturn in their net profit as the VAT comes into play, however, on the plus side, they can claim …

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VAT in UAE: Complete User Guide on VAT Return Filing

VAT (Value added tax) was introduced into the UAE on the 1st January 2018. As of this date all businesses that sell a product or service and exceed a pre-determined annual turnover are required to charge an additional 5% VAT to all buyers. Alternatively when a business is buying goods and services they will be …

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