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 ...
Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has reminded VAT-registered businesses of upcoming filing obligations. Establishments with annual supplies exceeding SR40m ($10.7m) must submit ...
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