VAT Guidelines on the Transfer of a Business as a Going Concern in Dubai
When a company decides to sell or merge, the transfer of its operations isn’t just a simple hand‑over of assets. In the UAE, the Value‑Added Tax (VAT) system treats a …
When a company decides to sell or merge, the transfer of its operations isn’t just a simple hand‑over of assets. In the UAE, the Value‑Added Tax (VAT) system treats a …
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 …
In the case of non-resident tourists, UAE VAT law allows the recovery of Value Added Tax (VAT) under specific conditions. It is important to note that not all visitors are …
VAT is an indirect tax imposed at every stage of the supply chain and then passed on to the end consumer. However, businesses as well as some individuals, foreign tourists, …
VAT refund in UAE allows the UAE nationals to recover VAT incurred on construction expenses when constructing a new residential property for local use. To avail this refund, applicants are …
The UAE VAT refund system is structured to allow businesses that are not intended to bear the burden of VAT such as foreign businesses, international travelers’, and certain government bodies …
VAT treatments in the hospitality industry vary from sector to sector. Being the most popular tourist destination, hospitality businesses must understand the VAT applications in various transactions. This article will …
Refunding VAT on export goods is always a complex affair for any VAT registered business in the UAE. Especially if you do not understand the condition of the refund and …
Tax Refund for Mosques Construction and Operation in UAE means that people can claim a refund of amounts paid as Value Added Tax on inputs that were used in the …
VAT is payable for the majority of goods and services that are bought in the UAE. The scheme, VAT refund in UAE, may be used for reclaiming VAT charges incurred …
Hold On!
Get professional guidance on UAE VAT registration, filing, accounting, deregistration, reclaim
Get confidential advice on: