UAE Consumer goods industry has record growth ahead of VAT introduction
The consumer goods industry witnessed 37 per cent growth in Q4 2017 as residents across the emirates prepared for the implementation of VAT, according...
Federal Tax Authority Issues Guide On Foreign Business Refunds
The Federal Tax Authority (FTA) has outlined four conditions that would allow foreign businesses to recover Value Added Tax (VAT) incurred in the UAE...
Al Tayer: UAE has no intention to raise tax rates
Dubai: The UAE’s government has no intention of raising the current rate of Value-Added Tax (VAT) or excise tax in the medium term, Obaid...
UAE firm waives VAT costs for one month at City Walk deals
DUBAI — One of the UAE’s largest real estate brokerages has announced it will absorb the newly implemented 5% VAT on the commission of...
