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- How VAT Registration Impacts Businesses in UAEValue Added Tax (VAT) was introduced in the United Arab Emirates (UAE) in January 2018 as a means of diversifying the country's revenue sources and reducing its dependence on oil. Since its introduction, VAT has had a significant impact on businesses operating in the UAE, both in terms of compliance requirements and financial implications. In this article, we will discuss the impact of...0 Comments 0 SharesPlease log in to like, share and comment!
- The benefits of hiring a VAT consultant in UAEValue Added Tax (VAT) is a tax imposed on goods and services that is levied by the government of the United Arab Emirates (UAE). It was introduced in January 2018 as a way to diversify the economy and increase government revenue. VAT in the UAE is set at 5% and businesses are required to register for VAT if their turnover exceeds AED 375,000 per year. However, the VAT regulations can be...0 Comments 0 Shares
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