The UAE has the most comprehensive electronic tax system in the region, said the Federal Tax Authority, FTA, during an intrductory workshop it organised at the Department of Economic Development of Ras al-Khaimah.
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Etisalat to charge five percent VAT on products and services
The move is in compliance with the Federal Decree-Law No 8 of 2017 issued by the government on the introduction of Value Added Tax (VAT) in the UAE.2 2861
UAE to launch centre for cultivating Industry 4.0 projects
The UAE will co-launch with the World Economic Forum (WEF) a centre for the fourth industrial revolution in the country.
Apple to create more jobs following overhaul of tax law
Apple revealed that it aimed to create over 20,000 new jobs through hiring at existing campuses and opening a new one.
MoF: UAE VAT to enable knowledge-based economy
UAE’s Finance Undersecretary Younis Haji Al Khoori has highlighted that the implementation of value-added tax (VAT) will enable the nation’s government to build a sustainable knowledge-based economy and as well as impacting its competitiveness.
Why VAT should be a priority for channel firms
Over the course of this year, there has been much discussion about the implementation of value-added tax (VAT) by the …
du launches online VAT registration for customers
du has launched an online process to collect customers’ official Tax Registration Numbers, as issued by the Federal Tax Authority.
KPMG Kuwait to accept payments in bitcoins
KPMG, a global network of professional firms providing audit, tax, and advisory services, has announced that its office in Kuwait will now accept payments in bitcoins for a wide range of consulting services.
Mighty Systems flaunts new tax automation offering for GCC
The role out of the OneVat software solution will take place over the next month in the UAE and KSA, with future plans to expand across the GCC region.
UAE excise tax to be paid by e-Dirham: FTA
The UAE Federal Tax Authority (FTA) has recently confirmed that the Excise Tax, which will come into force beginning 1st …
FTA debuts online platform to prepare UAE businesses for VAT
The Federal Tax Authority (FTA) has launched a new website aimed at providing businesses and consumers with a wealth of information on the upcoming introduction of excise tax and VAT in the UAE.