Blog>VAT UAE | Accounting and Audit Firms in Dubai, UAE - Part 2

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Types of VAT Supplies in the UAE

The applicability and reporting of VAT on supplies varies depending on the type of supply being made by the taxable person to its customer. There are many factors like location of supplier, place of supply, location of the recipient, and VAT registration status of the buyer and seller etc. which plays a key role in[...]
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What is Reverse Charge Mechanism?

Normally the taxable person providing supplies to customers is responsible for charging VAT and also liable to pay the VAT charged to the tax authority. In case of Reverse Charge Mechanism (RCM), it is the buyer of goods/ services that levies VAT to itself instead of the supplier of the goods/ services. The major change[...]
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