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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.