When it comes to taxes and duties on gold jewelry purchases in Dubai, there is a Value Added Tax (VAT) of 5%.
However, it’s worth noting that some smaller jewelry retailers may not charge VAT in practice, especially if it is a cash transaction.
This can vary depending on the specific retailer and the value of the jewelry.
It’s always advisable to inquire about the VAT policy at the jewelry store you plan to make your purchase from. Larger, well-established jewelry brands are more likely to adhere to the VAT regulations and include it in the final price. However, some smaller retailers may offer VAT-free pricing, especially if they cater to tourists or provide special discounts.
To ensure transparency and avoid any surprises, it’s recommended to confirm the VAT policy with the jeweler before making your purchase. They will be able to provide you with accurate information regarding taxes or duties that may apply to your gold jewelry purchase in Dubai.