Accounting Software Value Added Tax ( VAT) in Dubai – UAE
Value Added Tax VAT
UAE VAT is an indirect tax applied at each step of your supply chain, Finally consumers pay the VAT buying goods or service.
Tax Invoice – Prominently displayed, VAT registration number, Description of goods Supplier, Unit Price Excluding VAT, Vat Payable, Vat rate applied, Total
VAT should not be a cost of doing business, unless providing exempt supplies / Import
UAE VAT Applicability:
All business that meet a prescribed turnover requirements must register VAT( Tax)
Tax Invoice ( VAT ) Must be in Prescribed format for all Softwares Like Tally, Tally.ERP 9, QuickBooks, Sage & Peachtree