VAT — Everything you need to know about it

What is VAT? Value Added Tax (VAT) is an indirect taxation system adopted by more than 160 countries around the globe. Since its adoption by UAE in 2018, many companies are facing challenges to cope with the complexities it brought. VAT is levied during all steps of the supply chain and every concerned participant is […]

VAT Refund Scheme for Dubai Expo 2020 Participants

VAT Refund Expo 2020 The UAE government has recently introduced Cabinet Decision No. 1 of 2020 on the “Refund of VAT paid on Goods and Services connected with the Expo 2020 Dubai”. Offices of the Official Participants will be able to claim a refund on the VAT incurred by them on the import or supply […]