Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Home / News / VAT Update
VAT Update

VAT Treatment of properties
(December 17, 2017 )

  

The Federal Tax Authority (FTA) has clarified that all owners of commercial buildings, developers, providers of services to the commercial or residential property sector should register before 31 December 2017 if their taxable supplies made and imports received exceed AED375,000 for the last 12 months.

Once registered, businesses need to ensure compliance with the tax obligations, such as displaying the words “Tax Invoice” and TRN on all invoices, submitting tax returns, paying tax, etc.

FTA has also explained the VAT treatment of properties in the attached infographics.

DubaiCityGuide.com is owned and managed by Cyber Gear

 
 
       
       
   
       

Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance