Category: VAT on real estate sector

VAT refunds on new residences for UAE nationals

By Own Business Management
|
May 22, 2018

  According to the latest reports, the FTA has set three requirements and procedures to process VAT refunds on new residences.   Conditions for VAT Refunds on new Residences In order to refund VAT, the conditions that must be satisfied are: The applicants must be UAE nationals The capital must be financed towards the construction of […]

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VAT on Real Estate Sector in UAE: VAT in UAE

By Own Business Management
|
June 23, 2017

VAT on Real Estate Sector in UAE VAT on Real Estate Sector in UAE: The implementation of VAT in UAE will effect on real estate development, sales, purchase and leasing of property and also on construction in a different manner and probably highly complex. VAT on sale of commercial / residential properties According to the […]

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