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Sunday, 14 January 2018. VAT and Offshore Companies in UAE. S per Federal Decree Law No. (8) of 2017, ( Value Added Tax) is being implemented in the UAE from January 1, 2018 at a standard rate of 5% on all “products and services”. All companies in the UAE, with an annual turnover of AED 375,000 or more shall mandatorily register with Federal Tax Authority (FTA) and obtain Tax Registration Number (TRN). Are within the purview of VAT law in the UAE. Its also pertinent to note that VAT is payable on the fee.

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