This article highlights recent tax regulation changes in the UAE. For the most current information on taxes, please consult a local tax professional. Since its inception, the United Arab Emirates has been known for its low tax policies. Most companies have been exempt from paying...
Read this article to learn about the VAT (Value Added Tax) filing process for a business established in Dubai. What is Value Added Tax (VAT) Value Added Tax (VAT) is a consumption tax charged on a wide range of goods and services. More than 160 countries use...
According to the authorities, all the six GCC countries will be introduced with the simultaneous value-added taxes (VAT) applicable from January 2018 in different business sectors. The application of VAT has been under consideration for a long time however, it is supposed to be applicable...
The big question of whether or not taxes will ever be implemented in the UAE will soon be answered. The question now is 'when' and not 'if' anymore! As per latest reports, the UAE will start implementing a value added tax (VAT) rate of five percent...