Imports & Exports Team A

Imports & Exports Team A

Professional Development

15 Qs

quiz-placeholder

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Imports & Exports Team A

Imports & Exports Team A

Assessment

Quiz

Professional Development

Professional Development

Medium

Created by

Ubaid Niazi

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the VAT rate for the export of goods from the UAE to a country outside the GCC Implementing States?

0%

5%

10%

20%

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following conditions must be met for an export of goods to be zero-rated?

The supplier must be registered for VAT

The goods must physically leave the UAE within 90 days

The supplier must maintain official export documentation

All of the above

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A UAE business imports goods from Germany. When is VAT on the import payable?

At the time of payment to the supplier

At the time of customs clearance

When the goods are sold in the UAE

VAT is not payable on imports

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Under the reverse charge mechanism for imports, who is responsible for accounting for VAT?

The foreign supplier

The UAE importer

The UAE Federal Tax Authority (FTA)

The shipping company

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A UAE-based company sells digital services to a customer in Saudi Arabia (a GCC implementing state). What is the place of supply for VAT purposes?

UAE

Saudi Arabia

The location of the service provider

The place where the payment is received

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the place of supply for hotel accommodation services provided in the UAE to a foreign tourist?

The customer’s home country

The UAE

The place where the booking was made

The place where payment is received

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A UAE consultancy firm provides legal advisory services to a client based in the UK. The client has no presence in the UAE. What is the VAT treatment?

Zero-rated supply

Subject to 5% VAT

Exempt supply

VAT is not applicable

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