Introduction of VAT in UAE

Dear Valued Customer & Business Partners According to the Federal Decree Law (8) of 2017 on Value Added Tax, 5% tax will be levied from 1st January 2018 on taxable supplies. According to the Law, the Insured/Customer shall be liable to pay tax duties as stipulated in the Law on any invoice of premiums issued or to be issued in relation to the services provided by UIC. (Published on 28-Aug-2017) Find More Here