Value Added Tax (VAT) in UAE

Dubai, Sunday, December 24, 2017

The UAE Federal Tax Authority (FTA) will be implemting VAT effective 1 January 2018 and has published its VAT legislation in the offical gazette.
Accordingly, VAT is a consumption based tax, which would apply to most goods and services including insurance services, supplied in the UAE, by any person/business required to be registered under the VAT regime, at the standard rate of 5% except where a supply is specified as zero rated of exempted under the VAT law.

https://www.aman.ae/http://aman.ae/docs/AMAN%20VAT%20Circulation%20Letter.pdf' target='_blank'>Read More

AMAN - Dubai Islamic Insurance & Reinsurance Co. PSC published this content on 24 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 December 2017 06:44:03 UTC.

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