VAT or Value Added Tax is an indirect taxation system that has been adopted by more than 160 countries around the world. In 2018 January, UAE has decided to implement the same in the country with the base rate 5% tax. This has required all the businesses coming under the taxation purview to adhere to the guidelines and mandates of the tax system. The VAT Lax required businesses to process VAT registration to ensure that they comply with the new system and file their VAT on time. If you are a business that wants to register your business with VAT or deregister your business from TAX, AM Audit is an experienced tax consultant in UAE who can offer you all the support you need.

Leave a Reply

Your email address will not be published. Required fields are marked *