Federal Tax Authority announces Supplies and Exceptions Subject to VAT

Dec 10 2017

The Federal Tax Authority (FTA) has revealed sectors that will be subject to Value Added Tax (VAT) as of January 1, 2018. According to the announcement, there are selected supplies within selected sectors that would not attract tax.

Selected supplies in sectors such as transportation, real estate, financial services will be completely exempt from VAT, whereas certain government activities will be outside the scope of the tax system (and, therefore, not subject to tax). These include activities that are solely carried out by the government with no competition with the private sector; activities carried out by non-profit organisations.

The UAE Cabinet is expected to issue a Decision to identify the government bodies and non-profit organisations that are not subject to VAT.


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