Tag: vat

Tax In UAE

With no income tax, corporate tax or capital gains tax, the country provides a haven for foreign investors and businesses. Businesses in Abu Dhabi, Dubai, and other emirates are subject to corporate tax, which is set at a flat rate of 20...

Vat In UAE

One of the most notable achievements of the UAE is the implementation of Value Added Tax (VAT), which is a consumption tax applied to goods and services. VAT was introduced in the UAE on 1 January 2018, and since then, the country's...