VAT Registration in Dubai: A Complete Guide
Value-added tax is an indirect tax added to the cost of producing and distributing products and VAT services. It’s supposed to be paid for by the final buyer, giving the government more money to spend on healthcare and transportation. On January 1, 2018, a 5% value-added tax (VAT) became law in the United Arab Emirates city of Dubai. If a company’s taxable supply and imports exceed the VAT registration level, it must register for VAT.