2nd edition of the GCC VAT Forum set to place in Meydan hotel Dubai, from 20-21 February 2017

In 2016 GCC VAT forum inaugurated with hundreds of finance heads across the region. This Feb meeting will again host Group finance Managers, CFO's, Compliance managers and Tax directors who want to learn about the new VAT regulations and precisely how it will affect their current company operations, system and process.    Two days events agenda of GCC VAT forum:  DAY One: 08:00 Registration with welcome refreshments 08:45...

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Minster of Economy says VAT will generate DHS 20 billion in Second year

UAE plans to implement VAT in the next year 2018 along with other GCC countries, which could generate Dhs 20 billion in the Second year and Dhs 12 Billion in the first year of implementation As per Ministry of Economy Sultan Al Mansouri. Gulf countries planned to less dependent on oil revenues and able to generate income from non-oil sources such as VAT. This was started back in 2015 when the restriction was removed in the way fuel prices...

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