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Page 29

Latest News & Announcements

Latest news and insights from Rizmona

Latest News & Announcements
Local governments VAT revenue

Local Governments Will Use 70% VAT’s Revenue

By Mehmoona Zulfiqar
A week has passed since the implementation of value added tax (VAT) in UAE. Most of goods and services are slightly affe...
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No effect VAT on businesses

No Effect Of VAT On Businesses In UAE

By Mehmoona Zulfiqar
A new era has started in UAE and Saudi Arabia on 1st January 2018 with the implementation of value added tax (VAT). It i...
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Restaurant Bills Increase After VAT

Restaurant Bills Will Increase After VAT

By Mehmoona Zulfiqar
Dining out is an important feature of Emirati lifestyle. It is more prominent in big cities like Dubai, Abu Dhabi and Sh...
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No tax on withdrawals banks ATMs

No Tax On Withdrawals From Other Banks’ ATMs

By Mehmoona Zulfiqar
Just a week is left in the enforcement of value added tax (VAT) in UAE but things are yet not completely cleared for mos...
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VAT Petrol Prices In UAE

VAT Will Increase Petrol Prices In UAE From January 01

By Mehmoona Zulfiqar
Now it has been confirmed officially that price of petrol and gasoline will increase soon after the implementation of va...
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UAE VAT water electricity

UAE Imposes 5% VAT On Water, Electricity And Parking

By Mehmoona Zulfiqar
The UAE government is trying to increase the list of goods and services coming under the range of value added tax (VAT)....
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Business city within city

Dubai South Free Zone – Business City Within A City

By Mehmoona Zulfiqar
Dubai is a hub of business for entrepreneurs all around the world. The government is also making new developments in the...
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IMF Endorses UAE

IMF Endorses UAE’s Economic Growth In 2018

By Mehmoona Zulfiqar
Economic prosperity is the main feature of UAE and the country is trying its best to retain its position as one of the w...
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Reveals VAT rates goods and services

UAE Reveals Complete List Of Vat Rates For Goods And Services

By Mehmoona Zulfiqar
UAE and Saudi Arabia are the two gulf nations set to implement value added tax (VAT) from 1st of January 2018. There is...
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