info@businesslinkuae.com
  • +971 55 6070 118
  • +971 43 215227
  • Book an appointment
  • About us
    • Company Profile
    • Our Clients
    • Clients Testimonials
  • Business Setup
    • Mainland Company Setup
      • Limited Liability Company
      • Civil Company
      • Sole Establishment
      • Subsidiary Company
      • Professional License
      • Commercial License
      • Industrial License
      • Branch Office Setup
      • Branch of Foreign Company
    • Free Zone Company Setup
      • Dubai Free Zones
      • Sharjah Free Zones
      • Abu Dhabi Free Zones
      • Ajman Free Zones
      • Fujairah Free Zones
      • RAK Free Zones
    • Offshore Company Setup
      • JAFZA Offshore
      • RAK Offshore
      • Ajman Offshore
      • British Virgin Islands
    • Business Setup Packages
  • Our Services
    • PRO Services
    • UAE Visa Services
    • UAE Local Sponsor
    • Corporate Sponsorship
    • Virtual Office Setup
    • Legal Typing and Attestation
    • VAT & Bookkeeping
    • Company Liquidation
    • Open Bank Account
    • Product Registration
    • Trademark Registration
    • Professional Business Email
  • What’s New
    • Our Blog
    • Press Release
  • FAQ
    • FAQs for Business Setup in UAE
    • FAQs for Business Setup in KSA
  • English
    • العربية
    • русский язык

When and how VAT System will work in Dubai?

    Home Blog When and how VAT System will work in Dubai?
    VAT Tax in Dubai - Business Link UAE

    When and how VAT System will work in Dubai?

    By Reda Mansour | Blog, Business Solution | 1 comment | 10 October, 2018 | 0

    2018 will be a landmark year for Dubai and GCC nations. Why? Because the member states of the Gulf Cooperation Council have decided to introduce value-added tax or VAT as it is popularly referred to all over the world.

    Paradigm Shift –

    VAT tax in the UAE has been fixed at 5%. This was recently announced by the ministry of finance. But, why has UAE abruptly decided to adopt a tax regime after remaining a tax-free zone for such a long time? Well, by introducing VAT in Dubai the government has taken a bold step towards fiscal consolidation.

    This form of taxation has already been embraced by major economies of the world and today considered as one the healthiest form of revenue generation mechanism.

    So, Will the VAT Tax in Dubai be Applicable to all the goods?

    No! Dubai and the rest of the GCC countries have unanimously agreed to let off close to 100 food items, healthcare, educational and social services. This simply means the basic needs of citizens will not be affected in any way. However, electronic products, jewelry, cars, luxury goods, dining, and many entertainment gateways will fall under VAT.

    VAT implementation in Dubai is knocking on the doors of businesses which means they have to fine-tune their books of accounts accordingly. In the first phase of VAT implementation, only a certain section of businesses will need to register. For example, companies whose revenues fall within DH 1.87 to DH 3.75 million can defer their registration under VAT for the time being.

    The old charm still remains –

    The old charm of Dubai in terms of tax policy still remains in certain domains. For example salaries still, remain tax-free. Businesses in some of the free zones still will continue to bask in a tax-free environment and even some of the lower earnings will find itself out of tax net. Nonetheless, business entities need to adapt to the changing times and contact VAT consultants in UAE in case their revenues exceed the stipulated figure. Business Link UAE Consultancy one of the finest VAT consultants in Dubai provides end to end solutions for businessmen and corporate.

    Although VAT consultancy services in Dubai is still nascent and yet to imbibe the related requisites in its entirety there are law firms such as Business Link UAE Consultancy who because of their foresight have readied themselves for the inevitable; that is VAT implementation in UAE in general and VAT implementation in Dubai in particular.

    A VAT consultant in Dubai such as Business Link UAE Consultancy provides support in the following VAT areas:

    1. VAT registration services in Dubai, UAE.
    2. VAT consultation services in Dubai, UAE.
    3. Accounting & auditing services for small and medium-sized companies in Dubai.

    Remember, time is running out, and it is always a good idea to have a head start to counter unforeseen problems. We are a renowned VAT consulting services provider in Dubai to assist and support in filing returns, arranging required tools and technologies for the same and also VAT empowered staff.

    vat consultancy services in dubai, vat consultants in dubai, vat implementation in dubai

    Related Post

    • CompanyLiquidation

      Complete Guide To UAE Company Windup / Liquidation

      By Reda Mansour | 0 comment

      Even though Dubai offers one of the best business environments in the world, there are times when companies fail due to unseen and unexpected reasons. Falling demand for a particular product/service, worldwide economic recession, over supply and saturation are some of those.

    • Super Market Business Link UAE

      Know The Ropes Of Supermarket & Grocery Start-Ups In Dubai, UAE!

      By Reda Mansour | 0 comment

      A new business set-up is like baking a cake, it is important to have all the ingredients in right proportion. If you are planning to start a Supermarket or grocery business in Dubai or UAE, ensure you have all needful resources right off the bat.

    • International Finance Centre - Business Link UAE

      Dubai International Finance Centre Business Setup Benefits

      By Reda Mansour | 0 comment

      6 Benefits of setting up a company in DIFC: The DIFC, or Dubai International Finance Centre, is a great place for anyone to set up a business. There are many advantages to DIFC Business Setup when compared to doing business in other parts of the world.

    • LiquidateCompanyJAFZA - BusinessLinkUAE

      How to Liquidate a Company in Jebel Ali Free Zone?

      By Reda Mansour | 0 comment

      All we all know that JAFZA (Jebel Ali Free Zone) is one of the fastest growing free zones in UAE which gives all companies a direct access to a market of over 2 billion people. It attracts new investors as well as foreign companies to start their business over here. De-registration of a company comes normally because of owner …

    • Scope-of-Setting-up-a-Small-Business

      What is the Scope of Setting up a Small Business in Dubai?

      By Reda Mansour | 0 comment

      Dubai, the crown jewel of the UAE, is fast becoming the much sought-after place to set up a new business in the Middle East. Dubai offers a flexible business environment, has as a liberal government and it fosters a culture of friendly competitiveness and coexistence.

    • E commerce Start up in Dubai

      E Commerce Business Setup in Dubai – It is Easier than You Think

      By Reda Mansour | 0 comment

      We simply can’t ignore the obvious fact that Dubai is a city of opulence and its residents are extremely tech savvy. You can easily spot people flashing their iPhones and MacBook’s almost everywhere.

    • Qualitative PRO Services for Smother Business Setup Process in Dubai UAE

      Qualitative PRO Services for Smother Business Setup Process in Dubai UAE

      By Reda Mansour | 0 comment

      Documentation, legalities and clearance are matters that require expert assistance in conjunction with communicative support. And here, Business Link comes into practice with a team of experts active in providing qualitative PRO Services.

    • Staff Accommodation Services in Dubai Business Link UAE

      Staff Accommodation Services in Dubai – Labour Camps in UAE

      By Reda Mansour | 0 comment

      Success triggers growth. And growth triggers the need for enhanced manpower. This has been the hallmark of businesses in Dubai for the past decade or so, especially in the real estate / property sector.

    Leave a Comment

    Cancel reply

    Your email address will not be published. Required fields are marked *

    Business Setup

    • Mainland Company
    • Offshore Company Formation
    • Free Zone Company
    • Business Setup in Dubai UAE
    • Abu Dhabi Business Setup
    • Business Setup in Ajman
    • Business Setup in KSA
    • Business Setup in Oman
    • Free Zone Company
      • Dubai Free Zones
      • Abu Dhabi Free Zones
      • Sharjah Free Zones
      • Fujairah Free Zones
      • Ajman Free Zones
      • RAK Free Zones
    • Our Services
      • PRO Services
      • UAE Visa Services
      • UAE Local Sponsor
      • Corporate Sponsorship
      • Company Liquidation
      • Legal Typing and Attestation
      • Virtual Office Setup
      • Open Bank Account
      • VAT & Bookkeeping
      • Product Registration
      • Trademark Registration
      • Professional Business Email

    Recent Posts

    • Setup your Business in Oman with 100% Ownership

      How to setup Business in Oman with 100% Foregin Ownership?

      In the last 40 years, Oman has made significant progress towards the

      24 January, 2021
    • Dubai Property Investor Visa

      Dubai Property Investor Visa

      Complete Guide to Getting Dubai Property Investor Visa Different countries have different

      16 January, 2021
    • International Free Zone (IFZA) Company Formation

      Company Setup in IFZA Free Zone – Why? The UAE has grown exponentially

      16 January, 2021
    • LLC Company Formation in Dubai

      LLC Company Formation

      Limited Liability Company Formation in Dubai Dubai emerged as one of the

      16 January, 2021

    Contact Address

    United Arab Emirates
    Oasis Center, 3rd Floor, #104
    P.O box: 282007
    Sheikh Zayed Road
    Dubai, UAE

    Phone Number
    Dubai Branch: +971 43 215227
    Mobile: +971 55 6070 118

    Email Address
    info@businesslinkuae.com

    Saudi Arabia

    2538: Abi Moaz Al-Ansari
    Al-Rabi’a – Riyadh
    P.O. Box: 87772
    Postal code: 11671

    Mobile: +966 501 468 671

    Email: info@businesslink.sa

    Working Hours
    We are Open From
    9:00 am to 6:00 pm
    Saturday to Thursday

    business setup in dubai uae

    Business Setup

    • Mainland Company
    • Offshore Company Formation
    • Free Zone Company
    • Business Setup in Dubai UAE
    • Abu Dhabi Business Setup
    • Business Setup in Ajman
    • Business Setup in KSA
    • Business Setup in Oman
    • Our Services
      • PRO Services
      • UAE Visa Services
      • UAE Local Sponsor
      • Corporate Sponsorship
      • Company Liquidation
      • Legal Typing and Attestation
      • Virtual Office Setup
      • Open Bank Account
      • VAT & Bookkeeping
      • Product Registration
      • Trademark Registration
      • Professional Business Email

    Latest Blogs

    • Setup your Business in Oman with 100% Ownership

      How to setup Business in Oman with 100% Foregin Ownership?

      In the last 40 years, Oman has made significant progress towards the

      24 January, 2021
    • Dubai Property Investor Visa

      Dubai Property Investor Visa

      Complete Guide to Getting Dubai Property Investor Visa Different countries have different

      16 January, 2021
    • Types of Business Setup in UAE

      Type of Business Setup in UAE

      Different Operating Jurisdictions in UAE – Mainland or Free zone or Offshore

      9 January, 2021
    • Why Choose Business Link UAE

      Why choose Business Link UAE ?

      Why Choose Business Link UAE? Numerous people in a year visit Dubai.

      28 December, 2020
    • Construction Company Formation in Dubai

      Construction Company Formation in Dubai, UAE – Requirements & Approvals

      Recently, the number of foreign investors looking to become a resident has gone up in Dubai UAE. This is accomplished by investing in real estate. This boom has consequently increased construction projects sprouting up in different …

      13 December, 2020

    Business Link Profile

    We Accept Payment Options

    We Accept

    Subscribe to our Newsletter

    • Our Team Members
    • Privacy Policy
    • Copyrights
    • Disclaimer
    • SiteMap
    • Contact Us
    © 2008-2021 Business Link UAE | All Rights Reserved.
    • Home Page
    • About us
    • :: Company Setup in UAE ::
    • Mainland Company
    • Free Zone Company
    • Offshore Company Formation
    • Our Services
    • :: Business Services ::
    • PRO Services
    • UAE Visa Services
    • FAQs for Business Setup in UAE
    • FAQs for Business Setup in KSA
    • Our Blog
    • Press Release
    • Contact Us


      Services Required *


      We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok