Simple VAT effect on UAE resident and tourist not just the individual or business which are registered This is the list of that shows which house holds falls in the category of standard rate (5%) Value added tax or zero rate.
Category | Vat Rate |
---|---|
Air travel | 0% |
Basic/Preventive surgery | 0% |
Exam fees | 0% |
Fuel | 0% |
House rent | 0% |
Medical fees | 0% |
Medicines | 0% |
Public school books | 0% |
School fees | 0% |
Category | Vat Rate |
---|---|
Car | 5% |
Car rental | 5% |
Commercial rent | 5% |
Eating out | 5% |
Electronics | 5% |
Entertainment | 5% |
Grocery | 5% |
Hotel fees | 5% |
Insurance (Health/Auto) | 5% |
Jewellery | 5% |
Plastic surgery | 5% |
Private school books | 5% |
School uniform | 5% |
Smartphones | 5% |
Tenancy contract registration | 5% |
Watches | 5% |
Water + Electricity (Utilities) | 5% |
For any clarification on the above or how this is affecting your business and when your business need to register with the federal tax authorities,
just give us a call on +971-55971-6033 or book free consultation by visiting our website.