A Comprehensive Guide to Cabinet Decision: VAT Executive Regulations in the UAE
Introduction to VAT Executive Regulations The implementation of the Value Added Tax (VAT) in the United Arab Emirates (UAE) marked a significant milestone in the country’s economic evolution. Enacted on January 1, 2018, VAT was introduced primarily to diversify the UAE’s revenue streams and reduce its dependence on oil-related income. The VAT Executive Regulations serve … Read more