Car owners in the UAE will need to pay more for the upkeep of their cars once the value added tax (VAT) rolls out next year, experts have said. In addition to paying more for petrol, residents in ...

The UAE government has taken steps to move towards a fully digitized tax system by adopting E-Invoices. The E-invoicing ...

region have agreed to implement VAT, which will generate $25 billion (Dh91.8 billion) in tax proceeds every year. Consumers in the UAE are expected to pay a five per cent tax when purchasing most ...

“Mining cryptocurrencies on a personal account is not subject to UAE's VAT Law. This is because the ... and efficient payment experience that will reshape the future of the digital economy.

UAE: The UAE’s Ministry of Finance (MoF) recently announced a new VAT law for the country’s precious metals sector, where businesses supplying such goods will no longer need to charge or collect VAT.

The UAE's VAT regulations apply to influencers once ... regardless of the brand's location. When payment is received in the form of goods or services (barter), the influencer must account for ...

(MENAFN- Khaleej Times) With the introduction of VAT in 2018, followed by Economic Substance Regulations in 2019, anti-money laundering compliances in 2020, and corporate tax in 2022, the UAE has ...