A business must register for VAT if their taxable supplies and imports exceed the mandatory registration threshold of AED 375,000. Furthermore, a business may choose to register for VAT voluntarily if their supplies and imports are less than the mandatory registration threshold, but exceed the voluntary registration threshold of AED 187,500. Similarly, a business may register
AT will be charged at 0% in respect of the following main categories of supplies: Exports of goods and services to outside the GCC; International transportation, and related supplies; Supplies of certain sea, air and land means of transportation (such as aircrafts and ships); Certain investment grade precious metals (e.g. gold, silver, of 99% purity);
The following categories of supplies will be exempt from VAT: The supply of some financial services (clarified in VAT legislation); Residential properties; Bare land; and Local passenger transport
