Tag Archives: Persian Gulf Cooperation Council

VAT in the UAE 2018 - OLIESERVE

Is it the end of tax heaven? VAT is enacted in the UAE in 2018

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According to the statement of the Ministry of Finance of the UAE, 5% VAT will be enacted in the economy from 1st January, 2018. Actual measures are caused by drop in oil price, and the UAE are planning to develop new revenue items of the region performing these actions. It is expected to get AED […]

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