Frequently Asked Questions on VAT
Last updated on 7 September, 2017
Value Added Tax
What is VAT?
Why is UAE implementing VAT?
When will VAT go into effect?
What are the VAT rates?
Will this have an impact on the cost of living?
Will VAT apply to tourists?
Will VAT be paid on imports?
Will VAT be paid on exports?
When must VAT returns be filed?
How can VAT be claimed?
What is VAT grouping?
How is real estate treated under VAT?
Can businesses claim VAT incurred on expenses?
Is there any condition under which VAT incurred on expenses cannot be claimed?
What sectors are zero rated?
Will customs duty be applied once VAT comes into effect?
Is customs duty exempted for goods or services that are VAT exempted?
Who needs to register for VAT?
How will business owners calculate their VAT?
How does VAT work?
Can UAE Nationals claim VAT?
What sectors are VAT exempt?
Ministry - Finance, Emirates - https://www.mof.gov.ae
Federal Tax Authority - https://www.tax.gov.ae/
VAT in UAE, Khaleej Times - http://www.khaleejtimes.com/business/vat-in-UAE
Spread the word