SHERA S LTD SCUZI DUBAI ARE

  • Charge Identified
    Charge Found on November 21, 2022

What is SHERA S LTD SCUZI DUBAI ARE

Shera's Ltd. Scuzi Dubai is based in the United Arab Emirates and charges Value Added Tax (VAT) on all products and services. As of January 1, 2018, the standard VAT rate in the UAE is 5%, with certain necessities such as food and healthcare being exempt from the charge. This tax is similar to sales tax in other countries, with revenues going towards funding government projects and providing services for residents. All businesses registered under the UAE VAT law are required to charge this tax and keep records of their sales and expenses related to VAT. The law also requires consumers to pay the charged VAT when making purchases. Overall, charging VAT helps contribute to the functioning of the UAE economy.

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