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1:25
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Introduction to VAT in the UAE: A Beginner's Guide
The United Arab Emirates (UAE) introduced Value Added Tax (VAT) on 1st January 2018 at a standard rate of 5%. VAT is a tax on the consumption of goods and services and is applied at each stage of the supply chain, from the production of goods and services to their final sale. Businesses that are required to register for VAT include those with ...
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