The UAE has issued Federal Decree Law No. (8) of 2017 on Value Added Tax (VAT) ("VAT Law") which is now implemented in the UAE effective 1 January 2018 at a standard rate of 5%. Wherever applicable, VAT will be collected on taxable supplies of goods and services in the UAE. more...
Excise tax was introduced across the UAE in 2017. Excise tax is a form of indirect tax levied on specific goods which are typically harmful to human health or the environment. These goods are referred to as “excise goods”.
United Arab Emirates have signed mote then 66 Agreements for the Avoidance of Double Taxation on Income and Capital.
Correct application of DTAs (Double Taxation Avoidance Agreements) is essential for tax compliance in either contracting State.
Incorrect application can result in either double taxation or no payment of owed taxed with whatever ramifications it might have.
ASPA Management consulting services can assist you in interpreting and applying correctly DTAs between any two countries of the world.
Our team of Tax Experts have been successfully advising multinational clients for the past 15+ years.
The World gets smaller and smaller every day. Finances and business transactions are now international. With the use of the World Wide Web and delivery services, going international is very easy. However, going international can create complications if you do not have the right advisors or strategies.
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