Value Added Tax (VAT) Explained

By |May 9th, 2017|Blogs, Process Oriented, VATTalk|

Value Added Tax (VAT) Explained Value Added Tax or VAT is an indirect tax, which is imposed on goods and services at each stage of production, starting from raw materials to final product. UAE is developing a broad framework for the introduction of VAT. As confirmed VAT will be implemented in the UAE from January 1 [...]