Nandana
The standard VAT rate in the UAE is 5%. The amount of VAT that you can deduct is determined by the permissible business expenses and the regulations that apply to your particular business type.
Jayadev Menon
Based on your profession , Business , vocation or manner of expenses the limit for claiming VAT would differ
HANNA SAYYID
The amount of VAT that we can claim depends on the business expenses And rules applicable to business type.
Bryce Dsouza
In the UAE, the amount of VAT you can claim depends on whether you are a business or a tourist.
If you are a business, you can claim back the VAT paid on business expenses, such as supplies or equipment, as long as they are used for business purposes. The amount of VAT you can claim back is equal to the amount of VAT you paid on those expenses.
If you are a tourist visiting the UAE, you can claim a refund on VAT paid on purchases you made during your stay in the UAE, provided that the goods must be purchased from a retailer who is participating in the 'Tax Refund for Tourists Scheme' and are exported out of the UAE within 90 days from the date of purchase. The amount of VAT you can claim back is equal to 85% of the total VAT amount paid, after the deduction of an administrative fee of AED 4.80 per tax-free tag.
Asrael
The standard VAT rate in the UAE is 5%. The amount of VAT that you can deduct is determined by the permissible business expenses and the regulations that apply to your particular business type. For more detailed information, do a session with a reputable tax/accounting consultancy.
Sam Alex
In the UAE, the VAT rate is generally set at 5%. The amount of VAT that you can claim depends on the eligible business expenses And rules applicable to your business type, Consult a good tax consultant for more specific details