September 19, 2020

VAT Registration Essentials in the UAE

The introduction of VAT in the UAE, which began on 1st January 2018 at a standard rate of 5% (with some items taxed at 0% or exempted), has significantly impacted its business landscape. This VAT rate was a collective decision by the GCC countries, first embraced by Saudi Arabia, followed by the UAE. Gradually, other…

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