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Introduction The UAE is all set to launch VAT which will be applicable to most of the business in the country with effect from 1st January, 2018. Preparations are in full form and authorities are leaving no stone unturned for successful implementation of the law in...

Introduction Taxes – a word alien to this part of the world will longer be so. The last few years have seen various new developments related to taxation in whole of Gulf region and the United Arab Emirates (UAE) is not an exception. Implementation of Common Reporting...

Why Taxes? The sharp decline in oil prices in recent years, have substantially affected the revenue of the Government in GCC countries. It has also delayed, various development projects which will again result in increased costs for completion of projects. The subsidies offered on various energy...