1. news
  2. VAT UAE
VAT UAE

VAT UAE

It has been a few days now since the Ministry of Finance (MOF) issued the Tax Procedures Law (TPL), which it is now clear, “sets the foundations for the planned UAE tax system, regulating the administration and collection of taxes and clearly defining the role of the Federal Tax Authority (FTA)”. The detail in this law further clarifies that it “defines a clear set of common procedures and rules to be applied to all tax laws in the UAE” (MOF). While the MOF states that this TPL will apply to VAT and excise tax, that is not all it will apply to. It will be the foundation for any and all future taxes that the government may wish to impose.

for testimonials slider-js-file //for testimonials slider-js-file