Fine for this violation raised to Dh50,000 in UAE

DED has questioned 100 commercial entities ABU DHABI 10 September 2017: Abu Dhabi Department of Economic Development has toughened penalties against entities using bogus economic licenses to Dh50,000, in addition to blacklisting violators. “Using fake licenses […]

Excise Tax comes into effect in UAE from October

UAE approves fees for VAT, Excise Duty… and fines for violators DUBAI 10 September 2017: The board of UAE’s Federal Tax Authority (FTA), has finalised plans, including procedures for introduction of Excise Tax next month, and Value-Added […]