UAE MOF updates – VAT FAQ details

The VAT FAQs section was updated on the official website on 9th July by the United Arab Emirates (UAE) Ministry of Finance (MOF. It provides simplified explanation to all your VAT questions. The update provides useful written confirmation on a number of points discussed at the MOF VAT awareness sessions. How can one object to […]

VAT FAQ -Released by Ministry of Finance

In the quickly shifting legal environment of the GCC, the introduction of Value Added Tax (VAT) is the most trending topic this month. In this article, we discuss the general FAQs and what VAT means for your business in GCC. 1. General Questions 1.1 What is tax? Tax is the means by which governments raise […]