UAE VAT Value Added Tax

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Between 2012 and 2014, the UAE economy showed a growth rate of 5.4%, making it one of the highest growing economies in the Middle East and North Africa region. Since then, the UAE has continued to expand at a rate of around 3% per year. The introduction of Value Added Tax (VAT), effective 1 January 2018, is expected to positively impact consumer demand over the short and medium term. The VAT in Dubai and the UAE is a simple tax that can be paid to clients or invoiced separately. The standard VAT rate is 5%. However, there are also reduced rates and exemptions for certain products and services. Some of these reduced rates are zero, 2%, and 5% for purchases such as food, education services, books and packaging materials. UAE has managed to keep the VAT at the lowest levels possible in international standards.

UAE VAT Value Added Tax
UAE VAT Value Added Tax
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