In The Spotlight
The UAE has introduced a 5% Value added tax ( VAT ) as of 1 January 2018.
Starting from 1st January 2018, Gulftainer’ s products and services shall be subject to 5% value added tax, wherever applicable, in compliance with the federal laws & regulations levying and regulating the tax in the UAE. VAT is a consumption tax that the end user is obligated to pay and Gulftainer will only act as a collection Agent on behalf of the taxation authority.
Gulftainer is legally obliged to comply with this Government mandate from 1st January 2018.