- Dhruva Consultants is analyzing VAT implications for UAE’s tokenised real estate platform.
- The platform allows fractional ownership of high-value real estate via blockchain.
- VAT treatment depends on whether tokens are seen as real estate interests or virtual assets.
- Virtual assets may qualify for VAT exemption or zero-rating, while traditional property interests face 5 percent VAT.
- Rental income and platform fees need analysis for VAT classification.
- Dhruva emphasizes the importance of understanding VAT implications for tokenised real estate.
- The firm provides guidance on VAT compliance and classification for digital investment models.
- Dhruva serves various sectors with tailored tax strategies for sustainable growth.
Source: zawya.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Arab Emirates"
- UAE Introduces E-Invoicing System: Framework, Scope, and Phased Implementation Starting July 2026
- UAE MOF Announces Nationwide E-Invoicing System Framework and Implementation Schedule for B2B and B2G Transactions
- UAE Ministry of Finance Announces Electronic Invoicing System Implementation Timeline and Obligations
- UAE Ministry of Finance Issues Decisions on E-Invoicing Framework and Implementation Timeline
- UAE e-Invoicing: Two 2025 Ministerial Decisions Set Scope, Duties, and a Phased Timeline