The total revenue distributed at the state level in the UAE for value-added tax has amounted to over 95.4 billion dirhams ($26 billion), since its implementation in 2018 till October 2021, the Emirates’ undersecretary of the minister of finance said.
Source: arabnews.com
Latest Posts in "United Arab Emirates"
- UAE Ministry of Finance Issues Mandatory e-Invoicing Guidelines for Businesses and Government Entities
- UAE FTA Issues VAT Guide Clarifying Profit Margin Scheme for Second-Hand and Eligible Goods
- Saudi Arabia Seeks Feedback on Economic Substance Rules for Special Economic Zones
- Understanding the 5-Year VAT Recovery Limit: Deadlines, Risks, and Compliance Strategies for Businesses
- UAE VAT Refunds for Non-Resident Businesses: 2025 Claims Open Until August 31, 2026














