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7 ways to Avoid VAT Panalties in UAE

The United Arab Emirates and the Kingdom of Saudi Arabia began the implementation of Value Added Tax (VAT) on January 1, 2018 at the rate of five per cent, while other GCC countries are expected to follow in the near…

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Dubai: Cancel Corporate fines

Dubai cancels corporate fines in fresh effort to boost business http://timesofoman.com/article/135466 A decree by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum cancels fines imposed by the Department of Economic Development (DED) through the end of 2018, the DED said…

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GOLD: VAT

Gold standards: UAE tax body spells out VAT treatment for gold and diamond traders https://www.zawya.com/mena/en/story/Gold_standards_UAE_tax_body_spells_out_VAT_treatment_for_gold_and_diamond_traders-ZAWYA20180531055835/

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Agenda 2030.

Policy Coherence for Sustainable Development 2018 Towards Sustainable and Resilient Societies The 2030 Agenda is a universal, collective responsibility that covers all levels: global, national and territorial. To address global policy challenges in a complex and interconnected world, policy coherence…

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The Great OECD

OECD Due Diligence Guidance for Responsible Business Conduct The Guidance is the first government-backed standard for corporate due diligence on responsible business conduct to cover all sectors of the economy. It addresses a range of risks in business operations and…

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VAT ALERTS

FTA Clarifies VAT on Gold, Diamond Deals in UAE Drop in House Rents Soften VAT Impact in UAE. He pointed out that rumours have it that the gold lobby in Saudi Arabia is requesting similar reliefs …

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