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VAT in UAE, Residents are ready?

Tahir.Javaid

HI UAE Residents,

As we all know UAE is implementing VAT @ 5% on Jan 1st 2017 Are you all ready to welcome VAT,

Let everyone know how it is gonna impact your routine life.

Thanks,

See also

Tax in the United Arab EmiratesFree Zone vs Mainland CompanyUAE Tax ResidencyUAE VAT Basic knowledge important to be competitive in the market?US IRS Publication 54
saeed_alsuwaidi

I think it will increase slightly each year or two/three years gaps. People will get used to it but for people who are having high profile income shall pay more and so on. But again, this tax system is good for us and the government.

aaliyatm

Moderated by Bhavna 6 years ago
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LoveOman

as per information it should increase cost of living by 5%

agdx

Anyone know if VAT is implemented at the airport, ie Duty Free?