Countries
United Arab Emirates
Countries
United Arab Emirates
Base Details
| Key | Value |
|---|---|
| Tax Country Code | AE |
| Currency | AED |
| Base Time Zone | Asia/Dubai |
Tax Categories
| Code | Name | Title |
|---|---|---|
VAT | VAT | Value Added Tax |
VAT Rates
| Key | Name | Percents | Description |
|---|---|---|---|
zero | Zero Rate | 0.0% | A VAT rate of 0% applicable to specific exports, designated areas, and essential services. |
standard | Standard Rate | 5% | Applies to most goods and services unless specified otherwise. |
exempt | Exempt | Certain goods and services, such as financial services and residential real estate, are exempt from VAT. |
Correction Definitions
Auto-generation of corrective invoices or credit and debit notes is supported.
Invoice Types
The types of invoices that can be created with a preceding definition:
-
credit-note