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 ...

As the implementation of Value Added Tax (VAT) continues to impact businesses in UAE, many are struggling to navigate the complex regulations and requirements. KARAMA ...

UAE Federal Tax Authority reports global-level tax compliance, over 651,000 corporate registrants, and $31.4m in VAT refunds ...

The UAE has introduced a new system for tourists to receive VAT refunds on e-commerce retail purchases in the country. The Federal Tax Authority (FTA) has launched a new VAT refund system for ...

Forbes contributors publish independent expert analyses and insights. I cover startups & enterprises in India and the UAE. The United Arab Emirates and Saudi Arabia, where residents had long enjoyed a ...

The UAE's Federal Tax Authority (FTA) continues to see strong results from its digital VAT refund systems for eligible categories, maintaining high levels of operational efficiency throughout 2025.

UAE businesses seeking switch in ‘entity type’ will welcome single VAT Many UAE businesses - domestic and foreign - are repositioning themselves to be a part of UAE growth story. Business owners are ...

The United Arab Emirates has no plan to increase value-added tax (VAT) to more than the current 5%, the ministry of finance said on Tuesday. DUBAI, Nov 10 (Reuters) - The United Arab Emirates has no ...

Like any customer, I am delighted whenever I receive a discount from electronic retailers, restaurants, movie theatres etc. But the tax consultant in me gets anxious when VAT is charged on the net ...