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Customer Information on VAT implementation in the United Arab Emirates

On 27 August 2017, the Federal Tax Authority (“FTA”) in the United Arab Emirates (“UAE”) has published its VAT legislation in its official gazette confirming that VAT will enter into force from the start of the fiscal year following the date of its publication in the official Gazette, i.e. 1 January 2018.

 

VAT is a consumption tax which is charged at the standard rate on all goods and services in the UAE except those which are specifically zero-rated or exempted. Our systems will be designed to ensure that VAT is charged, collected and deposited in accordance with the VAT legislation.

 

We wish to inform you that Schenker LLC will be registered for VAT from 1st January 2018.   Accordingly, we will be issuing valid tax invoices to all customers from 1st   January 2018 in order to be a VAT compliant.

 

We would also like to inform you that our VAT Registration is under process and we will revert to you with the VAT credentials as soon as we receive the same from FTA.

 

Your VAT registration number

 

To ensure compliant VAT implementation and invoicing we will require your company’s VAT information in the coming weeks. We apprciate your cooperation in providing the relevant credentials.

 

If you need further clarification on this, please feel free to contact us. 

 

Schenker LLC,

FB 101 Plot, Dubai South

P.O. Box 62532

Dubai, United Arab Emirates.

Phone: +971 4 8879292

ae.dl.dxb.info-vat@dbschenker.com