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Understanding VAT on Gold and Silver in the UAE

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Investing in precious metals like gold and silver has long been a trusted method of wealth preservation. But in today’s regulatory environment, especially in a dynamic financial hub like the UAE, understanding the tax implications is just as crucial as tracking market trends. The VAT on gold in UAE has undergone significant developments, particularly with Cabinet Decision No. 127 of 2024 , which took effect on February 25, 2025 . Whether you're a bullion investor, jewelry retailer, or importer/exporter, knowing how UAE gold VAT rules apply to your transactions is essential. In this guide, we break down everything from investment gold VAT UAE classifications to reverse charge mechanisms and documentation requirements. This is your complete, easy-to-understand reference for navigating VAT on silver UAE and gold in 2025. VAT Basics in the UAE Since its introduction in 2018, Value Added Tax (VAT) has applied to most goods and services in the UAE at a standard rate of 5% . However, ...