Archive - November 2017

How VAT will be Imposed in the Real Estate Sector

How VAT will be Imposed in the Real Estate Sector image November 23, 2017

The VAT Law which was planned a few years ago was finally accepted and published. Therefore, starting with January 2018, numerous goods and services will be displayed with a new tax, in this case, the VAT.

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IMF: The UAE Must Continue the Fiscal Consolidation

IMF: The UAE Must Continue the Fiscal Consolidation image November 12, 2017

Considering the IMF piece of advice, the countries part of the Gulf Cooperation Council have announced that new measures will consolidate the fiscal sector. Among these, the UAE is ready to implement their reforms in the non-oil revenues.

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