With VAT being implemented in the UAE in less than 5 weeks, on the 1st January 2018, PwC is pleased to invite you to this webcast where we will provide you with an overview of the UAE VAT Regulations and highlight the key points and possible gaps between these Regulations and the businesses’ general expectation. Continue reading
The UAE is fully committed to introducing VAT on January 1 despite calls for it to be put back by a senior banker, it was announced on Wednesday. Continue reading
The UAE has released the VAT law on last Sunday. Please see the ministry website for more Details.
If you have any questions, please do not hesitate to contact Nassim Tanouti on +971 566 816 561 or email@example.com.
Bildquelle: Tim Reckmann / pixelio.de
On 31 July 2017, the President of the United Arab Emirates – His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued the new Tax Procedures Law (Federal Law No. 7 of 2017) (“TPL”). The TPL sets out the foundations for the impending UAE tax regime and aims to regulate taxpayer rights and obligations, administration and collection of taxes, and defines the role of the Federal Tax Authority (FTA). The TPL will come into force 30 days from the date of its publication. Continue reading
VAT is expected to be introduced at a rate of 5% with some limited exceptions including basic food items, healthcare and education. Continue reading
According to a recent Statement by the UAE Ministry of Finance officials, the registration thresholds under consideration are as follows: