Understanding VAT in the UAE: What Every Business Owner Must Know

Content:

VAT (Value Added Tax) was introduced in the UAE in 2018. It’s a consumption tax that applies to most goods and services.

Who Must Register?

  • Mandatory: Turnover above AED 375,000
  • Voluntary: AED 187,500 – AED 375,000

Key Responsibilities:

  • Register for VAT
  • Maintain accurate records
  • File quarterly returns
  • Make timely payments

Avoid penalties by outsourcing your VAT to Apex Business Group.

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