VAT UAE : Deemed Supplies
Deemed supplies can be goods and services and are subject to VAT UAE. The VAT Law in Art. 11 considers a supply to be a deemed supply and subject to
Residential Real Estate and Bare Land, UAE VAT exemption
Residential Real Estate The sale or lease of residential buildings is exempt in Art. 43 of the Regulations as per the dispositions of Art. 46 (2) of the VAT Law. A residential building
Local Passenger Transport Services, UAE VAT exemption
The supply of local passenger transport services is exempt when the service takes place within the UAE by way of a qualifying vehicle operating by land, air or sea, for
VAT Group Registration In UAE
Any person exceeding the mandatory registration threshold of AED 375,000 must register for VAT or may apply to register voluntarily if the value of his supplies or expenses exceeds the
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