Registration by a real estate owner
Does the owner of real estate have to register for VAT?
24/07/2019 11:32:07
Replies
Banan25/07/2019 16:44:37
The owners of residential buildings do not have to register for VAT if they do not have any other business activities. Where owners have other business activities, they should consider their obligations further. The owner of any building that is not residential, will have to register if the value of the supplies over the preceding 12 months exceeds AED 375,000 or it is expected that they will exceed AED 375,000 over coming 30 days.
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