• water and electricity will be taxed at 5% in UAE from 1st January 2017
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    Water and Electricity will be taxed at 5% in UAE from 1st January 2018 Both water and electricity will be taxed at 5% from 1st January, 2018, according to a set of draft executive regulations published on the Federal Tax Authority’s website Water and electricity will be treated as supplied goods, and therefore subject to ...
  • Gold Jewellery in Dubai
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    Gold, Property and More to be Free of VAT in UAE The details of the law for introducing VAT in UAE was released by President Sheikh Khalifa bin Zayed Al Nahyan on 27th August The law states that goods and services are subject to value added tax at a standard rate of 5%, and outlines ...