VAT Snapshot – VAT in UAE

VAT Snapshot – 2018 (VAT in UAE)

Value Added Tax in Dubai – UAE Snapshot


VAT Registration Dates | VAT in UAE

VAT Registration Opened |  1st October 2017

  • Registration Deadline 31 October 2017 : Companies/ business having an Annual Turnover of more than AED 150 million
  • Registration Deadline 30 November 2017 : Companies/ business having an Annual Turnover of more than AED 10 million
  • Registration Deadline 04 December 2017 : All other companies/ organizations who exceed the minimum threshold which is AED375,000.

Record Maintenance

  • Proper books of accounts and financial records (invoices, vouchers, bills, agreements)
  • Books of accounts to be maintained for 5 years
  • VAT related record, Invoices, Bills should be maintained with serial numbers

VAT Percentage

  • Standard Rated – 5%
  • Zero Rated 0%

VAT Registration

  • Mandatory Registration – Annual Turnover of more than AED375,000
  • Optional Registration – Annual Turnover 187,500 to 375,000
  • Registration Not Required – Annual Turnover below AED 187,500

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