Monday, 07 November 2016 06:15

The Federal Tax Authority is established in UAE

The Federal Tax Authority is established in UAE Designed by Freepik

Even the UAE will have their Federal Tax Authority (AFC). The decree establishing the new institution was issued at the end of October and in 90 days the new Authority will be ready to start. 

As we know, from January 2018,  after the decision of the GCC Supreme Council, the UAE and other Gulf countries will be introduced the VAT, which will have a value of 5%...

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