UAE will levy VAT from 1st of January 2018
VAT is a new income source that will provide public services with high quality. It will also reduce the dependency of the government on oil as one of the sources of revenue.
Traders and businesses have to charge VAT to their customers and incur it on services/goods they buy from suppliers.
VAT in the UAE will affect the Airport VIP Services at Dubai International Airport provided by VARAN Co. from January 1st, 2018.
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- 12/27/2017