Kindly find attached article on VAT as appearing in Gulf News today on Thursday 16th June, 2016 for your reference.

It mentions that implementation of VAT in several Phases wherein in Phase 1 shall include companies with turnover above AED 3.75m, whereas companies with turnover of AED 1.87m – 3.75m is given an option to register for VAT under Phase 1. Eventually all companies shall be registering for VAT under Phase 2 even though the timeline for Phase 2 is not yet decided