British Centres for Business
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Block B, Business Village,
Port Saeed, Deira,
PO Box 123885
Value Added Tax (VAT) is due to be introduced in the UAE and wider-GCC on January 1st 2018; you can read about the general context & drivers in a previous blog, here. Please see below for the latest news and information that we’ve gleaned on the subject this month:
As per Decree No. 31 of 2017 published by the UAE government (approving the GCC VAT Framework) VAT will be charged on:
This is a fast moving area and whilst the BCB will seek to highlight news & relevant developments that we’re aware of, we are not tax advisors and we strongly recommend that professional advice is taken as the legislation becomes more clear. We can help you find qualified providers in this field.