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Vat Consultants in UAE

1502 BLUE BAY TOWER 1512, BUSINESS BAY, DUBAI UAE
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1502 BLUE BAY TOWER 1512, BUSINESS BAY, DUBAI UAE
Profile : Value Added Tax (or VAT) is an indirect tax. Occasionally you might also see it referred to as a type of general consumption tax. In a country which has a VAT, it is imposed on most supplies of goods and services that are bought and sold. VAT is one of the most common types of consumption tax found around the world. Over 150 countries have implemented VAT (or its equivalent, Goods and Services Tax), including all 29 European Union (EU) members, Canada, New Zealand, Australia, Singapore, and Malaysia. VAT is charged at each step of the ‘supply chain’. Ultimate consumers generally bear the VAT cost while Businesses collect and account for the tax, in a way acting as a tax collector on behalf of the government. Main Business Category : Finances & Insurance Main Business Activity : Audit and Accounting Business Activity : Finances & Insurance, Payroll Services Phone Number : 045726400 Fax : P.O.Box : -2 Other Phone : 045726400 Country (E) : United Arab Emirates Country (A) : United Arab Emirates City (E) : Dubai City (A) : Dubai Address (E) : 1502 BLUE BAY TOWER 1512, BUSINESS BAY, DUBAI UAE Address (A) : 1502 BLUE BAY TOWER 1512, BUSINESS BAY, DUBAI UAE E Mail : info@theaccountant.ae Business Activity : VAT is consumer tax hence no impact on Business, except for compliance and cash flow initially in some cases, therefore it is not an opportunity for businesses to increase the prices, certainly concerned departments such ad Dubai economic department have put measures in place so business don’t increase prices on the basis of VAT.

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