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GCC businesses focusing on getting ready for VAT

To help businesses in the GCC understand the potential impacts of the implementation and operation under VAT, Deloitte Middle East has been issuing a...

VAT is set to truly be taxing, with next 13 months...

Diversification, changing operating models and promoting smart initiatives led by technology and employment continue to be key trends as we move into Q1 2017....

VAT in GCC – It’s coming, so how do we get...

To help businesses in the Gulf Cooperation Council (GCC) countries understand the potential impacts of the implementation of VAT, Deloitte in the Middle East...

UAE economy projected to grow by 2.3% in 2016; Inflation set...

The Ministry of Finance (MoF) has reviewed the International Monetary Fund’s (IMF) Article IV Mission to the United Arab Emirates report, which evaluates the...

VAT in the GCC: Now or Never?

Though nothing has as of yet been confirmed, senior officials from Saudi Arabia, Oman and the UAE have all referred to implementing Value Added...

UAE to implement 5% VAT from the start of 2018, but...

The UAE is reportedly set to implement 5 percent VAT from January 1, 2018, with 150 food items, health and education exempted, a senior...

Business Leaders Discuss the Impact of VAT on Businesses in UAE

In June 2014, the long anticipated announcement came from the UAE Ministry of Finance about its plans to establish a corporate tax and VAT...

Tax reform in the GCC approaching

Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...

UAE aims to impose value-added tax in 2018

The United Arab Emirates does not plan to tax the incomes of individuals or remittances abroad by foreign workers in the country, a senior...

VAT in GCC: Gulf states agree on key issues, says UAE...

Gulf states have agreed on key issues for implementing value-added tax in the region, an official from the United Arab Emirates finance ministry said...

Will looming VAT, corporate tax hurt UAE expats?

For millions of expats working in the country, the fear of having to pay levies is very real, observes Saad Maniar… Over the years, one...

No Imminent VAT Introduction in UAE

An official statement carried by the Emirates News Agency provided an update on value-added tax discussions in the UAE. The statement confirmed that the...

UAE to implement 5% VAT

The United Arab Emirates may soon set a value-added tax of 5 percent as part of a regional development plans, according to the undersecretary...

Corporate and personal tax rate in Bulgaria likely to remain at...

Bulgaria is becoming more and more attractive destination for foreign business owners and individuals to take advantage of the low corporate profit and individual...

Income tax in the pipeline

During the GCC summit in Muscat, Oman, the six Gulf nations have agreed in principle to implement corporate and individual income tax by 2012...

The introduction of VAT will be delayed

A senior official at the Federal Customs Authority Saeed Khalifa Saeed Al Marri, Deputy Director-General of the UAE Federal Customs Authority, was quoted by...