Value Added Tax ( VAT ) of 5% introduced in UAE

Offshore company formation Dubai

Value Added Tax (VAT) in the UAE is a new concept in the region. VAT is effective from 1st January 2018 at a standard rate of 5% or Zero rated as the case may be. VAT is an indirect tax which is collected at each stage of production or sale and is also known as the consumption tax. VAT AT … Read More