VAT waiver covers exhibitions and conferences held over a period not exceeding seven days, says Adnec
VAT UAE
Latest in VAT UAE
Federal Tax Authority
UAE implements VAT Refunds for Business Visitors scheme
FTA says it is now receiving applications to refund VAT incurred by business visitors to the UAE in 2018
Federal Tax Authority
Over 300,000 businesses now registered for VAT in the UAE
Federal Tax Authority also says that the Tax Refunds for Tourists Scheme is recording nearly 6,000 refund transactions per day
LinkedIn
Revealed: the impact VAT has had on UAE hiring levels
New LinkedIn survey shows how many UAE candidates are demanding above average salaries since the roll out of VAT
Abu Dhabi International Airport
UAE’s tax refund scheme for tourists to launch on Nov 18
Federal Tax Authority says first phase of VAT refund scheme will be implemented at Abu Dhabi, Dubai and Sharjah International Airports
Dubai
Inflationary impact of VAT ‘modest’ in UAE, says Moody’s
Moody’s predicts that the re-distribution of revenue will primarily benefit Dubai and the northern emirates
Business Confidence Index
UAE business confidence rises to three-year high in Q2
New survey shows that the sharp rise in oil prices is a key factor in improved sentiment across the Middle East
ACCA
Many Saudi, UAE firms still unsure about VAT – survey
ACCA & Thomson Reuters VAT Return Filing and Compliance survey finds many companies were still confused about what is required of them and require further clarification
UAE
UAE launches new website to prepare for VAT
Federal Tax Authority sets out guidance for businesses ahead of imposition of VAT