VAT is an indirect taxation system that is widely popular around the world. Adopted by over 180 countries around the globe, the Value Added Tax provides nations with an alternate source of income. The UAE adopted the VAT , and…

The United Arab Emirates introduced the UAE VAT law . The VAT UAE rate was kept at a constant 5% and served as a new chapter in the history of the UAE’s tax regime. This indirect form of taxation helped…

Businessmen who have a minimum annual income of Dh 375000 have the mandate to register for VAT in about 30 days. All the required documents and the declaration form must be filed properly. The documents include the import and export…

Value-added tax or VAT is the current tax regime for every type of business and entity in the UAE.  The introduction of the regime was on January  1st, 2018, to bring order to the tax system of UAE’s businesses and…

  VAT stands for Value Added Tax. When it comes to goods and services tax, VAT plays a major role. About 180 countries imply VAT in their countries. Every business needs to register for VAT. if you haven’t registered yet,…

Value Added Tax or VAT is considered to be a general tax imposed on the majority of the transactions of goods and services in UAE. The rate of VAT calculated in the UAE is 5%. For example, if the marketing…

The Value Added Tax is an indirect form of taxation levied on almost all services and products in the UAE. Recently, VAT consultants in Dubai have gained prominence as they help young companies deal with VAT regulations in the UAE….

The Oman government has decided to implement the VAT system of taxation. As a result, the Sultanate’s Tax Authority, better known as TA, has published a brochure to help people understand more about the need and importance of VAT. In…

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…

Over the last few years, the UAE’s economy has been growing, expanding and evolving seamlessly. Therefore, specific regulatory changes and reforms have been introduced in recent years to aid this growth. Adding to that list, on Wednesday, the UAE’s Federal…