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Worldwide Formations has experienced UAE tax partners on hand to offer professional advice and services to companies and entrepreneurs.
We can guide you through registration and help you understand this relatively new tax system, its compliance responsibilities and exemptions.
One of the biggest overhauls in the UAE’s tax laws in recent times, Value Added Tax (VAT) was implemented across the country from the 1st of January, 2018. Today, VAT is flat at 5% on most goods and services with several exemptions.
You must register for VAT if the value of your annual supplies exceeds the mandatory registration threshold of AED 375,000.
The expert team at Worldwide Formations are on hand to support you with the following services.LET’S GET YOU STARTED