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UAE plans to distribute 70% VAT revenues to local governments

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, chaired on Sunday the first Cabinet session of the new year and highlighted the importance of choosing the year 2018 to be the ‘Year of Zayed’. The session was held at the Presidential Palace in Abu Dhabi, ...

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Sharjah Ruler inspects vital projects in Shis area of Khorfakkan

Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inspected on Sunday a number of vital service projects and road networks in the mountainous area of Shis in Khorfakkan. Upon his arrival, the Ruler of Sharjah received a warm welcome from the people of Khorfakkan, who expressed their gratitude to ...

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FTA urges businesses to complete VAT registration

Abu Dhabi / WAM The Federal Tax Authority (FTA), urged the business sector to complete the registration requirements for Value Added Tax (VAT), purposes, commending the commitment and high turnout in the registration process. The FTA confirmed that the registration process is continuing and other businesses that did not register to date should register immediately to avoid fines and legal proceedings. ...

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