How VAT Impacts Freelancers & Service Providers in the UAE
Freelancers and service providers in the UAE enjoy flexibility, independence, and access to a thriving business environment. However, many professionals are unsure how Value Added Tax (VAT) affects them and whether they need to register, charge VAT on their services, or file tax returns. Since VAT was introduced in the UAE in 2018, businesses—including freelancers […]
How to Recover VAT on Business Expenses in the UAE
VAT (Value Added Tax) is an important part of doing business in the UAE. While companies are required to charge VAT on their sales and pay it to the Federal Tax Authority (FTA), they also have the right to recover VAT paid on business expenses. This process, known as input VAT recovery, helps businesses reduce […]
Zero-Rated vs Exempt VAT in UAE: What’s the Difference?
Understanding VAT (Value Added Tax) in the UAE can be tricky, especially when it comes to zero-rated and exempt supplies. Many businesses assume they are the same because both categories do not require charging VAT to customers, but in reality, they have very different tax implications. Knowing the difference between zero-rated and exempt VAT is […]
UAE VAT on Real Estate: Key Rules for Property Developers & Investors
Real estate is one of the most important sectors in the UAE, attracting property developers, investors, and businesses from around the world. With a booming market and continuous development projects, the UAE remains a top destination for real estate investment. However, understanding how VAT (Value Added Tax) applies to real estate transactions is crucial for […]
How VAT Affects Import & Export Businesses in the UAE
The UAE is one of the world’s largest trading hubs, with thousands of businesses engaged in importing and exporting goods. Whether you bring products into the UAE or sell them to international markets, VAT (Value Added Tax) is an essential part of your business operations. Since the introduction of VAT in 2018, businesses dealing with […]
UAE VAT for Small Businesses: What You Need to Know to Stay Profitable
Running a small business in the UAE comes with many responsibilities, and VAT is one of the most important. Since the introduction of VAT in 2018, businesses of all sizes have been required to comply with tax laws, file VAT returns, and maintain proper records. However, for small businesses, understanding VAT is not just about […]