The UAE Minister of State for Financial Affairs, His Excellency Obaid Humaid Al Tayer was speaking in Dubai on 24 February after a joint press conference with Christine Lagarde, Managing Director of the International Monetary Fund (IMF).
VAT is expected to be introduced at a rate of 5% with some limited exceptions including basic food items, healthcare and education. The UAE are planning to implement on 1 January 2018 – other GCC countries may do so at the same time or by 1 January 2019 at the latest.
About Jose Gomez, independent tour guide in United Arab Emirates
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Hello There, You found me ;-). Please BOOKMARK ME. Why? Statistics say you will visit at least 15 sites before you make a decision. Do your due diligence and visit all the sites. Then come back to me. I will answer all your questions. We at Booqify stand for Quality and Service and having the sharpest prices in the industry. Continue reading
Contact Jose Gomez