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VAT is an acronym for Value Added Tax which is a charge levied on certain goods and services in the UAE. It is calculated based on the value of the goods or services provided at the time of a transaction. Because it is not a direct business cost, it is an indirect tax which must be collected from the users and remitted to the government. Companies are required to keep separate records on the VAT paid and collected at the time of purchase for this reason.

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Office No:520, Al Nazr Plaza, Oud Metha Road, Next to Oud Metha Metro Station, Dubai – U.A.E.
+971 52 406 3000
info@vataccountinguae.com

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