Tax Notice

This Tax Notice explains how VAT and related taxes are applied to purchases on KAT Exchange. It is provided for general information only and is not tax advice.

[REVIEW WITH UAE LAWYER] Confirm VAT treatment, place-of-supply rules, export evidence requirements, and invoicing format with a UAE tax advisor.

• Sales are invoiced from [LEGAL_ENTITY_NAME] — Key Asset Technologies (UAE Branch).
• VAT TRN: [VAT_TRN]. VAT registration date: [VAT_REGISTRATION_DATE].
• Registered address: [REGISTERED_ADDRESS] — Industrial Parkway, Sharjah, UAE.

• UAE deliveries: standard-rated VAT at 5% is added to the winning bid plus buyer's premium.
• Exports (outside the UAE): 0% (zero-rated), subject to valid export evidence being retained.
• VAT is calculated on the subtotal = winning bid + 12.5% buyer's premium.

• Winning bid: [EXAMPLE_BID]
• Buyer's premium (12.5%): [EXAMPLE_PREMIUM]
• Subtotal: [EXAMPLE_SUBTOTAL]
• VAT (5% UAE / 0% export): [EXAMPLE_VAT]
• Total due: [EXAMPLE_TOTAL]

• Invoices are issued in USD with an AED equivalent at the UAE Central Bank peg of [USD_TO_AED] AED per USD.

• For zero-rated exports, you must provide and we must retain valid evidence of export (e.g. shipping and customs documentation) within the period required by law.
• If satisfactory evidence is not provided, VAT may become due. [REVIEW WITH UAE LAWYER]

• Certain inventory is sourced in the United States by Key Asset Technologies LLC (country of origin: USA) and imported via the UAE for onward sale. Customs and import duties in your destination country are your responsibility.

• A tax invoice is issued for each completed purchase and is available from your account.
• Retain invoices for your own tax and accounting records.

Tax / invoicing questions: [SUPPORT_EMAIL].