UAE: Companies to Receive VAT Law Training
Type
E-journal
Date
3 Aug 2016
Jurisdiction
United Arab Emirates
Taxonomy
Companies & Corporate Bodies, VAT
Copyright
LexisNexis
Analysis
The UAE's Finance Ministry has announced it is launching a new programme to help prepare thousands of companies for the implementation of VAT.
The tax is set to come into effect in the Gulf Cooperation Council countries in 2018/2019.
The Ministry said a team from the member states, responsible for technical issues and the framework agreement for the tax, has examined the exemptions which should be given and issued a number of recommendations.
For full story see: http://www.emaratalyoum.com/business/local/2016-08-03-1.918168