This official FTA guide, VATG001, serves as the main reference for taxable persons on Value Added Tax (VAT) in the UAE. It provides a comprehensive overview of fundamental VAT principles, rules, and compliance procedures. The guide explains key concepts across its chapters, including mandatory (AED 375,000) and voluntary (AED 187,500) registration thresholds, tax groups, and deregistration criteria. It details the mechanics of taxable supplies, zero-rated vs. exempt supplies, place of supply rules, and the reverse charge mechanism. Additionally, it clarifies input tax recovery, record-keeping obligations, and the process for filing returns and payments.