Flowchart
Re-Insurance
Flowchart content
VUSO
UAE RE-INSURER
Risks
Premium
Re-Insurance service - Sales
SUST RE.
Risks
Premium
Re-Insurance service - Sales
Export of Services - Zero Rated Supply
UAE (local) sales - Standard rated Supply
SCENARIO 1:
The Risks are Retained by SUST RE
VUSO
UAE RE-INSURER
Risks
Premium
Re-Insurance service - Sales
SUST RE.
Risks
Premium
Re-Insurance service - Sales
Export of Services - Zero Rated Supply
UAE (local) sales - Standard rated Supply
SCENARIO 2:
The Risks are Passed on by SUST RE to a non-UAE/GCC Entity
Re-Insurer Outside the UAE/GCC
Risks
Premium
Re-Insurance service - Sales
Import of Services - Standard Rated (Reverse Charge)
SCENARIO 3:
The Risks are Passed on by SUST RE to a UAE Entity
VUSO
UAE RE-INSURER
SUST RE.
Re-Insurer in UAE
Risks
Premium
Re-Insurance service - Sales
Export of Services - Zero Rated Supply
Risks
Premium
Re-Insurance service - Sales
UAE (local) sales - Standard rated Supply
Risks
Premium
Re-Insurance service - Sales
UAE (local) sales - Standard rated Supply
Information
- Description
- Flowchart on Re-Insurance , created by Pankaj Kanjani on 14/09/2020.
- Created by
- Pankaj Kanjani
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