VAT is universal for ecommerce transactions

Posted on    14 January 2020
VAT is universal for ecommerce transactions

In UAE, e-commerce (electronic sales and purchases) is subject to the standard 5 percent value added tax (VAT). As a transitional provision, all goods coming from GCC member countries are subject to VAT until the implementing state provisions become operational.

Read full article - https://gulfnews.com/business/vat-is-universal-for-ecommerce-transactions-1.68959399

Source - Gulf News



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