It is a consumption tax charged on taxable goods, services, immovable property of any economic activity whenever value is added at each stage of production and at the final stage of sale.
It is charged on both locally produced goods and services and on imports.
It is charged by persons registered for VAT only.
Taxable supplies of goods
Services
18% for standard rated supplies
0% for exports of goods and services
The registration threshold of 100 million in the period of twelve months and above or 50 million in a period of six months ending at the end of the previous months.
All types of registration except for professional service providers, Government entity or institution which carries on economic activity and an intending traders after fulfilment of sufficient evidence such as contracts, tenders, building plans, business plans and bank financing
Filling the application form for VAT Registration
Submission of Memorandum and Article of Association