An Important VAT Update Has Been Announced And The Applicable People Will Need To Register In September
The Federal Tax Authority has just announced an important VAT update for big businesses.
Large companies will need to register for VAT from the middle of September via an online registration system which will be launched in the coming days.
A tax and exiles law will be passed before the end of September according to His Excellency Khalid Ali Al Bustani, Director General of the Authority.
VAT will be introduced in the UAE on January 1 next year.
