vat cONSULTANCY
VAT IMPLEMENTATION
The standard VAT rate of 5% is consented to be charged on specific goods & services in the U.A.E. Some taxable Items on which VAT will be imposed are electronic equipment’s, mobile phones, Auto industry, decorations, watches, restaurants, amusement centers and some other things. However, Non-Taxable products & services will not be charged, like, local transportation, health, education and so on.
Beginning on 30 April 2018, VAT will be implemented in the U.A.E. All organizations that are working in the U.A.E are expected to be enrolled by then or penalties will be confronted.
