VATupdate

Share this post on

Why UAE Electronics and Smartphone Traders will no Longer Charge VAT on Bulk Sales

Traders and wholesalers in the UAE of electronics, mobile phones, computers and accessories are getting some much-needed relief on their VAT obligations.

This applies to business-to-business (B2B) deals made between VAT-registered dealers. (There are no changes on the VAT related to consumer purchases of electronics goods.)

  • What ‘reverse charge’ means for local suppliers
  • Timely move

Source: Gulf News

Sponsors:

VAT news

Advertisements: