1
The U.A.E government’s introduction of the ‘Value Added Tax’ (VAT) in 2018 is a major reform that companies need to be familiar with as it impacts their business transactions. This is not merely an introduction of a new tax regime, but, in fact, it alters your existing business systems. The VAT is levied on all goods and services transactions conducted in UAE mainland and its free zones, on a B2B or a B2C basis.
Therefore, it is imperative that firm take the necessary steps for effective implementation of and compliance to the VAT rule for smooth continuation of business.
It is the common tax for everyone that is added to the value of the consumption unlike the income tax which is as per the income of the business. This makes it even more predictable with respect to the financial calculations done for the business.
Therefore, it is imperative that firm take the necessary steps for effective implementation of and compliance to the VAT rule for smooth continuation of business.
It is the common tax for everyone that is added to the value of the consumption unlike the income tax which is as per the income of the business. This makes it even more predictable with respect to the financial calculations done for the business.
REPLY TO THIS CLASSIFIED
FEATURED CLASSIFIEDS
_-_Copy_thumb.jpg)
Keep Your Systems Running Smoothly With IT Maintenance Services - SwiftIT .ae
P
Pet Vaccination Services In Abu Dhabi – Trusted Care At Petsoasis
Luxury And Modern Kitchen Solutions In UAE
_thumb.jpg){kind=logo}
Smile Tech - Top Cleaning Equipment Companies For Advanced Solutions
Managed Cyber Security Services Companies In Dubai, Cybersecurity Solution Provider In UAE
HR & Payroll Managed Services Provider Dubai, Managed IT Services Dubai