VAT is one of the things that you won’t like to think about, however, when you start a business and when businesses grow (internationally), one of the first taxes that becomes important is VAT.
Practically speaking, how can e-invoicing solutions assist GCC businesses in the VAT implementation? One of the primary implications of VAT implementation for all businesses charging VAT on supplies ...
The UAE will introduce value added tax (“VAT”) at the rate of 5% from 1 January 2018. The basic principle underpinning the introduction of VAT is to further improve the economic base of the UAE. This ...
DUBAI (Reuters) - Oman will delay the introduction of a 5 percent value-added tax until 2019 instead of introducing it next year as originally planned, local media reported late on Monday, a decision ...