8 Things You Didn’t Know About VAT In UAE

1. Price Hikes Could Land You In Hot Water

2. Your Business Can Get VAT Exemptions

3. VAT On Hospitality And Entertainment Is Non-Recoverable

4. Second-Hand Goods Subject To VAT Can Be Subject To Profit Margin Scheme

5. Maintain Accounts And Records For At Least 5 Years

6. VAT To Remain The Same

7. Tourists Can Now Get VAT Refund

8. You Can Seek VAT Consultancy

Source: IR Global

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