VAT in UAE
GCC countries have decided to implement Value Added Tax in the entire region through a treaty signed by all member countries. UAE has already implemented the VAT laws and regulations with effect from January 1, 2018, along with Kingdom of Saudi Arabia.
Everything you need to know about VAT
Applicability
- If your annual turnover exceeds the mandatory threshold limit of AED 375,000, then you are liable to pay tax.
- Optional registration threshold limit is AED 187,500/- per year, where, any business person can voluntarily register for VAT and continue with the normal compliance process.
VAT Services we offers
Al Khazraji Auditing is equipped with a team of VAT specialists who can help your business overcome expected difficulties such as lack of familiarity with VAT rules & regulations, structure and compliance issues, lack of resources and lack of a robust book keeping system.
Rates of VAT
- Standard rate
- Zero rate
- Exempted
Quality and Experience
We want to build a long term partnership with you
to help, support and advise you on all financial matters throughout your business and personal life.