Customs and VAT advisory for high-value private assets in the UAE

We advised private clients on the customs and VAT implications of importing and selling high-value private assets, including yachts and helicopters, in the UAE. Our work involved assessing the applicability of customs duties, evaluating VAT obligations, and identifying conditions for VAT exemption or zero-rating. We developed strategic action plans to minimize tax exposure, ensure regulatory compliance, and optimize the financial outcomes of such transactions.