Value Added Tax is an indirect tax. It is imposed on numerous supplies of goods as well as services that are bought and sold. It is the type of consumption tax that is found around the world. More than 150 countries have implemented which include 29 European Union (EU) members, Canada, Singapore, New Zealand, Australia as well as Malaysia. VAT is charged at each and every step of the ‘supply chain’. Usually it is imposed on consumers while Businesses collect and account for the tax, in a method acting as a tax collector on behalf of the government.

We Ethics Plus are engaged in offering optimum quality services for VAT Implementation in U.A.E. Our team works as per our patron’s requirement and make sure that the latest regulations and measures are maintained while providing these services. VAT is the tax that is paid by business besides it collected from the customers. VAT is also imposed on goods and services that are imported from other countries so as to assure that a level playing field is maintained for native providers of those same products and services.

Why is the UAE implementing VAT?
The UAE Federal and Emirate governments offer citizens as well as residents with numerous public services such as hospitals, roads, gardens, public schools, stands, waste control as well as police services. These services are remunerated from the government budgets. In the form of VAT country will get a new source of income that will be to the beneficial to continued provision of optimum quality public services into the future. Apart from this, it will also help government move towards its vision by decreasing dependence on oil as well as other hydrocarbons as a common source of revenue.

VAT is charges that are imposed on business and paid to the government but it is collected from the consumers. We offered excellent quality services for VAT Implementation in Dubai at highly competitive prices. It is paid by the business to the government authority but the actual tax is obtained from the consumer of goods. Besides, it the most common source of raising revenues for the government in the Gulf Cooperation Council.
When will VAT be implemented?

VAT will be introduced in the UAE, along with other Gulf countries, from the beginning of 2018 at 5 percent. The UAE had announced its intention to bring in value added tax (VAT) in the country from January 1, 2018.