What is VAT?

Created by fresh works, Modified on Fri, 3 Jan at 2:18 PM by fresh works

The UAE government implemented value-added tax (VAT) in the country from January 1, 2018at a standard rate of 5%. A value-added tax (VAT) is a consumption tax levied on products at every point of sale where value has been added, starting from raw materials and going all the way to the final retail purchase.


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