The UAE will introduce value added tax (“VAT”) at the rate of 5% from 1 January 2018. The basic principle underpinning the introduction of VAT is to further improve the economic base of the UAE. This ...
As the implementation of Value Added Tax (VAT) continues to impact businesses in UAE, many are struggling to navigate the complex regulations and requirements. KARAMA ...
Local agents may no longer get 0% VAT on commissions from overseas principals UAE based agents representing foreign principals passed off commission income as 'export supply'. That merited zero-rated ...
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