- 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.
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