GTL Summary:

Article 44 of UAE's tax law, under Title 6, establishes the principle of zero-rated supplies. It stipulates that the supply and import of goods and services, as specified within its corresponding chapter, are classified as Taxable Supplies when conducted by a Taxable Person. Although designated as taxable, these specific transactions are subject to a zero percent tax rate. This means that while the supply falls within the scope of the tax system and requires appropriate declaration, no actual tax is levied on the transaction, distinguishing it from an exempt supply where input tax may not be recoverable.