VAT Consultants in Dubai
We are leading VAT Consultants in Dubai. With us you will get the best possible VAT advice and training.
The United Arab Emirates has issued legislation and regulations, based on the GCC VAT Treaty, the launch of Value Added Tax from 1 January 2018.
The standard VAT rate will be 5%, with a nil VAT rate for some goods and services. Businesses making taxable supplies must register with the tax authorities if turnover exceeds AED 375,000 (around $100,000). VAT is charged at each step of the ‘supply chain’. Ultimate consumers generally bear the VAT cost while Businesses collect and account for the tax, in a way acting as a tax collector on behalf of the government.