A VAT (Value Added Tax) is a consumption tax that is leived on a product whenever it's value is calculated at each stage, from production till it is sold. The Amount of VAT that the user pays is based on the value of the product, less any of the value of materials that have been used in the product and that have already been taxed
in UAE, VAT is calculated at the standard rate of 5%. Supposing the output tax you pay is 10,000 AED. So, the final (net) VAT payable will be 10,000 AED – 5,000 AED = 5,000 AED.
All the information on this website is published in good faith and for general information purpose only. Dhanguard does not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information you find on this website, is strictly at your own risk. DhanGuard will not be liable for any losses and/or damages in connection with the use of our website.
By using our website, you hereby consent to our disclaimer and agree to its terms.
Should we update, amend or make any changes to this document, those changes will be prominently posted here.
Copyright @2022 Design & Developed by Team Dhanguard