What are the supplies that are exempt from VAT?

The following supplies are exempt from VAT, provided that certain conditions for each (as mentioned in the legislation) are met:

  • Certain financial services.
  • Supply of residential units (lease or sale), if such supply is not subject to zero-rate.
  • Bare land.
  • Local passenger transport.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top