by Aysha Jinan Axobis, News posted 30 November, 2017
AN OVERVIEW OF VAT IN UAE
In order to reduce the dependence on oil and other hydrocarbon products as a source of revenue, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, signed the Executive Regulation for the Federal Decree-Law No. (8) of 2017 on Value Added Tax, VAT. This new regime ...