Understanding VAT in the UAE. The United Arab Emirates imposed Value Added Tax (VAT) on January 1, 2018, signalling a substantial shift in the country’s revenue system. VAT, which is levied at a regular rate of 5% on most products…


Understanding VAT in the UAE. The United Arab Emirates imposed Value Added Tax (VAT) on January 1, 2018, signalling a substantial shift in the country’s revenue system. VAT, which is levied at a regular rate of 5% on most products…

VAT Consultants in UAE: Why Your Company Needs One Since the implementation of Value Added Tax (VAT) in the UAE in January 2018, firms from a variety of industries have had to negotiate new tax legislation, compliance requirements, and reporting…

The Oman government is preparing for the introduction of the VAT in the country. As a result, the Tax Authority of Oman has published a brochure containing VAT information for business owners and individuals. At the moment, the Oman Government…

Value Added Tax (VAT) had been the latest addition to the taxations in UAE which was implemented on the 1st of January 2018. While various jurisdictions have different guidelines and exemptions regarding personal tax and company taxes, VAT had more…

Dubai, one of the seven Emirates of UAE, is the heart of the business centre as it offers several trade-free zones. VAT, the current tax regime in Dubai came into effect on January 1st, 2018. Indeed, businesses and organizations whose…