June 2026
Consideration: All that is received or expected to be received for the supply of Goods or Services, whether in money or other acceptable forms of payment.
Exempt Supply: A supply of Goods or Services for Consideration while conducting Business in the UAE, where no Tax is imposed and the Input Tax related thereto is not recovered, except according to the provisions of the VAT Law.
Goods: Physical property that can be supplied including real estate, water, and all forms of energy as specified in the VAT Executive Regulation.
Government Entities: Ministries, government departments and agencies, authorities and public institutions in the UAE, whether Federal or local, or any other entities treated with the treatment decided for Government Entities, in accordance with the decisions issued by the Cabinet for the purposes of implementing the provisions of the VAT Law.
Input Tax: VAT paid by a Person or due from him when Goods or Services are supplied to him, or when conducting an Import.
Person: A natural or legal person.
Qualifying Curriculum: Educational Services provided in accordance with a curriculum ...