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Abbotsford

Legal-Lawyer Services

31 Jul, 2024

VAT registration UAE

Abbotsford, BC V2S 0A1

Description

VAT registration UAE is required for export businesses in the UAE if their taxable supplies and imports exceed the mandatory threshold of AED 375,000 per year. Export businesses must charge VAT on their sales, file regular VAT returns, and comply with all VAT regulations set by the Federal Tax Authority (FTA). However, exports are generally zero-rated, meaning the VAT charged is 0%, but businesses still need to be registered and file returns to claim VAT refunds on purchases and expenses.

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