Value Added Tax (VAT) entered the UAE as an indirect tax during 2018 with a rate of 5% applied to most goods and services. The introduction of VAT serves two important functions by bringing economic diversification and lowering oil dependency. UAE businesses must follow Federal Tax Authority (FTA) requirements by registering their operations and filing reports while keeping proper doc... https://www.halsca.com/menu/uae-tax/uae-vat