VAT Refund for Residential Developers in Dubai
Commercial and residential properties are treated differently under the UAE’s VAT system. Commercial property supplies, including sales and leases, are liable to the usual 5% VAT rate. On the other …
Month: June 2025
VAT Registration and VAT Deregistration in UAE
VAT registration is required for businesses that meet a specific revenue threshold, and businesses operating below this threshold must apply for VAT deregistration to avert incurring penalties for noncompliance. This …
