Company Incorporation in Dubai As the geographic and economic lynchpin of the Middle East, worldwide investors Interested and see the United Arab Emirates (UAE) as a vital element of their operations. It is well established as the prime destination for multinationals to set up their[...]
VAT in Bahrain The representatives of the Member States of the Gulf Cooperation Council (GCC) confirmed the introduction of a formal Value Added Tax (VAT) system across all six Member States through the signing of a VAT Framework Treaty. The Treaty acts as the basis[...]
VAT in Bahrain Are you ready for implementation? Following the introduction of Value Added Tax (VAT) in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA), Bahrain is expected to follow suit. Although the exact date of implementation is yet to be[...]
The UAE Cabinet has adopted a decision to implement the value added tax (VAT) refund system for tourists, which will integrate between retail outlets with tax refund points in line with the government’s efforts to achieve the efficient implementation of the tax system in the[...]
How to AVOID VAT PENALTIES IN UAE The United Arab Emirates and the Kingdom of Saudi Arabia began the implementation of Value Added Tax (VAT) on January 1, 2018 at the rate of five per cent, while other GCC countries are expected to follow in the[...]