VAT Registration in UAE.
Any person exceeding the annual VAT Registration threshold of 375,000 AED. At the end of any month is required to register for it Mandatory. The threshold should be monitored at
Exempt Supplies of VAT in UAE
The regulations define exempt supplies as supplies of goods and services on which VAT in UAE is not chargeable but also non-recoverable. Exempt supplies are the following: Financials Services Residential Building Bare
Who Should be registered in VAT?
A business must register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000. Furthermore, a business may choose to register for VAT voluntarily