“Complete TallyPrime 7.0 solutions for Dubai businesses by Techzon Technologies FZC – implementation, cloud backup, Tally on cloud, mobile access, TallyPrime Server and Tally for CA’s. VAT‑ready setup and local support in Dubai, UAE.”

VAT on full-price but if the product has bought in this year so then the seller can claim VAT only on the profit margin and not on the entire value of the pre-owned product.

www.thevatuae.com/news/vat-on-pre-owned-items-in-uae/

The VAT will be implemented with a rate of 5% in UAE and all other GCC Countries from 1 January 2018. All the states of GCC have signed the unified VAT framework agreement. Some sectors such as food, health, education and social services would be exempted from the VAT.

Visit here for more info: www.sagipl.com

VAT rates, two are about taxable supplies made in particular time and the second is a tax-exempt supply. The three VAT rates are:

Standard Rate

Zero Rate

Tax Exempt

www.thevatuae.com/news/vat-rates/

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A look at the VAT rates in the UAE! 📊 Stay up to date with the latest updates on the UAE's tax laws and fiscal policies. 📄

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