Understanding VAT Regulations in the UAEUnderstanding VAT regulations in the UAE is crucial for businesses and individuals alike. VAT, or Value Added Tax, is a consumption tax applied to most goods and services.Introduced on January 1, 2018, VAT marked a significant shift in the UAE's tax landscape. The standard rate is 5%, one of the lowest globally.Businesses must navigate various VAT rules, including registration thresholds and compliance requirements. The mandatory registration threshold ...
