VAT (Value Added Tax) - UAE
Value Added Tax (VAT) was introduced in the UAE on 1 January 2018
The rate of VAT is 5 per cent. VAT will provide the UAE with a new source of income which will be continued to be utilised to provide high-quality public services. It will also help government move towards its vision of reducing dependence on oil and other hydrocarbons as a source of revenue.
Read more about it from the links below
