Sheikh Hamdan chairs the meeting in Dubai.
Saeed Rashid Al Yateem, Assistant Under Secretary of Resource and Budget Sector at MoF affirmed that there are no plans or decisions at the moment to raise VAT to more than 5% in the UAE.
WTS Dhruva Consultants, a boutique tax advisory firm and FTA registered Tax Agent with presence in the UAE, Saudi Arabia and Bahrain, has published another comprehensive guide on ‘Impact of Indirect Taxes on Retail Sector
Curbing harmful consumption patterns and enhancing living standards are the leading objectives behind the Cabinet Decision to expand the scope of Excise Tax, asserted Khalid Ali Al Bustani, Director General of the Federal Tax Authority
The FTA Board of Directors, chaired by Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of the FTA Board of Directors, has held its first meeting since the UAE Cabinet of Ministers approved the decision to reconstitute the FTA’s Board of Directors.
Real estate expert Walid Al Zarouni, Chairman of the Board of Directors of the “W Capital” real estate brokerage company, said that Dubai has become a global city, a preferred destination for living, working, entrepreneurship and tourism, and a destination for many from all over the world, for the purpose of investment and residence, in light of the urban shift that it witnessed in the last two decades.
' The UAE will extend its voluntary cut of 144,000 barrels per day until the end of December 2024 as a precautionary measure. This is in coordination with the countries participating in the OPEC + agreement,' says minister.
The Sharjah Chamber of Commerce and Industry (SCCI) has successfully concluded its trade mission to India after five days of fruitful meetings and discussions with Indian business