If you are looking for a PDF of UAE VAT Law, you are in the right place. At the end of this post, we added a button to download the United Arab Emirates Value Added Tax Law PDF for free.
UAE Vat Law
UAE imposes VAT on tax-registered businesses at a rate of 5 percent on a taxable supply of goods or services at each step of the supply chain. Tourists in the UAE also pay VAT at the point of sale.
“A business must register for VAT if its taxable supplies and imports exceed AED 375,000 per annum. It is optional for businesses whose supplies and imports exceed AED 187,500 per annum.” Excess input VAT can, in principle, be claimed back from the FTA, subject to a specific procedure.
Since VAT has been implemented in UAE and as per Federal Tax Authority (FTA) there are three types of VAT which must be implemented all across UAE as per the nature of the business.
The Federal Tax Authority (FTA) was established under Federal Law by Decree No. 13 of 2016. The authority takes charge of managing and collecting federal taxes and related fines, as well as distributing tax-generated revenues and applying tax-related procedures in the UAE.
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