Business owners across the Emirates have already embraced themselves for VAT massively. Historically, Dubai has operated based on one of the simplest taxation systems in the world. But with the intentions to reduce its sole reliance on oil-generated revenue, along with a strong motive to invest more in the economy’s infrastructure, the government has inculcated a reviving 5% VAT (value added tax). The similarly patterned tax is to be rolled out in the other four Gulf Cooperation Council (GCC) countries; yet, many company owners in the UAE are still in the phase of VAT registration process.
On a broader side, following is the range of VAT-related services that expert Best VAT Consultant like DgTx can offer:
At DgTx, the team is fully committed to provide cutting high edge technology solutions to a huge clientele, maintaining a deep understanding of high-volume, fully transaction-intensive and the most secure payment processing that allows us to enhance operational efficiency, reduce all the complexities and boost productivity for business as well as government. We have world class association with world-class manufacturers as well as suppliers for the day-to-day requirement of Banks as well as Financial Institutions. We aim to enable Merchants to readily Accept Card Payments – just Anywhere, Anytime and be the most Dominant Player in the Mobile Payments Domain.