VAT Registration in UAE | All You Need to Know About Tax Compliance
Value Added Tax (VAT) is a consumption tax levied on most goods and services in the UAE. Introduced on January 1, 2018, at a rate of 5%, VAT plays a crucial role in enhancing the government's revenue and ensuring financial stability. For businesses, VAT registration is mandatory if their taxable supplies and imports exceed a specific threshold. While the concept of VAT might seem...
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