Are you interested in buying or renting a commercial property in the UAE? Just like with choosing the right location in the UAE for your enterprise, many factors go into investing in commercial properties in the UAE. With that in mind, as company formation experts in the Emirates, we’ve gathered everything you need to know to make the process efficient. But first, let’s talk about VAT in the UAE and its implications for commercial property The UAE has only had a five per cent value-added tax, or VAT, in effect since 2018 but there are many classes of goods and services that receive an exemption from VAT and, therefore, do not pay any VAT. Unfortunately, commercial property transactions are not among the
