Buying a Company Car in UAE: Hidden VAT Costs Businesses Should...

added blog Finance

2026-10-23 10:22:49 - Translate

Buying a Company Car in UAE: Hidden VAT Costs Businesses Should Consider

When a UAE business decides to purchase a company car, the discussion usually begins with the vehicle price, fuel efficiency, maintenance and financing options. However, one expense that deserves equal attention is Value Added Tax (VAT). A vehicle purchased for business operations may attract VAT at the standard rate of 5%. While some businesses may qualify to recover this tax, others may have...

0 Comments 0 Shares 123 Views 0 Reviews