Value Added Tax (VAT) is a 5% indirect tax in the United Arab Emirates, effective as of January 1st, 2018, payable by both businesses and individuals.
Yes, a standard 5% VAT applies to applicable products and services.
VAT exemptions are only declared by the Federal Tax Authority.
Businesses may claim back VAT payments, provided they have registered and meet the requirements. For more information, please visit www.tax.gov.ae
You first have to sign up for an account on the FTA website, and then you can register for VAT via the e-services section. For more information, please read the VAT registration user guide.
Yes. Your TRN needs to be reflected on our monthly tax invoice and is required for you to claim back the incurred VAT within your VAT return.
No. A supplier must issue a valid VAT invoice, following the format mentioned in the legislation.
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