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Apprise your customers of VAT inclusion

Make sure to communicate to your customers that VAT is chargeable or else you will not be able to recover VAT VAT is coming into effect on January 1, 2018, with VAT registration being on full speed, the VAT is a charge borne by the final customer, the general rule of VAT law is that […]

Federal Tax Authority publishes draft UAE VAT regulations

The Ministry of Finance of the United Arab Emirates (UAE) has published its Value Added Tax (VAT) draft executive regulations. To know more about the regulations and download a copy, click here It is important to note that the draft VAT executive regulations state that businesses are required to register in accordance with the timelines […]