Monday 04, September 2017 by Jessica Combes

VAT in the GCC: what does it mean for your business?

 

On 1 January 2018, value-added tax (VAT) will come into effect for the first time in United Arab Emirates. Naturally, small businesses are concerned about the financial and operational impacts of VAT compliance, especially since they’re used to operating in a low-tax business environment, according to Aaron White, Regional Director, Sage Middle East.