Understanding VAT Compliance and Accounting Services in Dubai (Business Opportunities - Home Business)

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Item ID 132552051 in Category: Business Opportunities - Home Business

Understanding VAT Compliance and Accounting Services in Dubai


Dubai implemented the Value Added Tax (VAT) system on January 1, 2018, as part of the United Arab Emirates (UAE) efforts to diversify its revenue sources. VAT is a consumption tax levied on the supply of goods and services at each stage of production or distribution. It is designed to generate revenue for the government while reducing dependence on oil-related income. Understanding and complying with VAT regulations is crucial for businesses operating in Dubai.


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Target State: All States
Target City : Dubai
Last Update : May 26, 2023 3:24 AM
Number of Views: 76
Item  Owner  : Xcel Accounting
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2024-04-25 (0.413 sec)