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The UAE federal tax system is administered by the Federal Tax Authority (FTA), which was founded ahead of the 2018 implementation of a federal value added tax (VAT). The current standard VAT rate in the country is 5%. [2] [3] In January 2022, the UAE Ministry of Finance announced the implementation of a federal corporate tax starting June 2023. [4]
Emirates eGovernment has set up the UAE's official portal www.government.ae, which is a major milestone in the process of e-Transformation in the UAE. This portal brings all e-Services and information provided by the UAE federal and local government bodies under one umbrella. [13] Emirates eGovernment provides services on G2G, G2B and G2C levels.
The UAE Telecommunications and Digital Government Regulatory Authority (TDRA) was established in 2003 [1] to regulate the Information Communications and Telecommunications (ICT) sector in the United Arab Emirates (UAE) and to ensure sustainability, competitiveness and transparency among the service providers, [2] customers and shareholders.
The party providing the service or delivering the goods is liable for the payment of the VAT, but the tax is usually passed on to the customer as part of the price. [92] In 2014 total revenue from VAT was nearly CHF 11 billion (short scale) on CHF 866 billion of taxable sales. In 2013 the revenue and sales were CHF 10.3 billion and 858 billion ...
As of the first half of 2023, du has grown their mobile customer base to 8 million subscribers, and reached 559,000 broadband customers. [4] Its shares are listed on Dubai Financial Market and is regulated by the Securities & Commodities Authority and the Telecommunications And Digital Government Regulatory Authority (TDRA) of the UAE .
UAE Exchange (Arabic: مركز الإمارات العربية المتحدة للصرافة; Markaz Al'Imarat Alearabiat Almutahidat Lilsarafa) is a United Arab Emirates-based company dealing primarily in remittance, foreign exchange and bill payment services.
The United Arab Emirates has agreed to roll over the payment of $2 billion due by Pakistan this month, the South Asian nation's Prime Minister Shehbaz Sharif said on Tuesday. Sharif said he met ...
Their legal status varies from being a part of government to stock companies with a state as a regular stockholder. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.