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 […]
If you have a business in UAE, then don’t be lax in the area of VAT registration as the Value Added Tax may have an indirect impact on your business. VAT experts speaking at the VAT Clinic event at the Khaleej Times office were of the opinion that Business would have to register for VAT sooner or later.
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 […]