What will be the VAT rate ?


  • Overview

 

The standard rate of VAT in the UAE (and across the GCC) is 5% at the moment and is applied to most goods and services.

 

Certain goods and services are (e.g. financial services involving a margin, such as borrowing and lending, leasing of most residential property, local passenger transport such as metro, taxis and bus services) and zero-rated i.e. subject to VAT at the rate of 0% (e.g. exports of goods and services, certain medicines and medical equipment, certain healthcare and educational services, intra-GCC and international transport).

 

Check out What is the difference between exempt and zero rated service

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