VAT FOR REAL ESTATE IN UAE

WHAT IS VAT?

Value Added Tax (VAT) for Real Estate in UAE is a tax imposed at the rate of 5% on properties including sale and tenancy contracts that can be supplied including but not limited to real estate.

WHAT IS A BUSINESS?

The business includes any activity conducted regularly, on an ongoing basis Independently by any person, in any location Including industrial, commercial, agricultural, professional, service or excavation activities or anything related to the use of tangible or intangible properties.

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Real Estate,Value Added Tax in UAE, Property from Commercial