UAE will implement VAT at the rate of 5% on 1 January 2018. VAT is a consumer-based tax on the supply of both goods and services. When VAT is imposed, the ultimate consumer bears the burden.
The official title is Federal Decree-Law No.(8) of 2017, on Value Added Tax. An English version is available on the UAE Ministry of Finance website (www.mof.gov.ae).
As per Gulf News - While about 300,000-350,000 companies in the UAE will be impacted, the whole population of the country will be subject to the new tax system. VAT being a consumption tax, tax burden is expected to reflect on the prices and consumption.
In Europe, VAT rates range from 15% in Luxembourg to 25% in Croatia. Japan has a consumption tax of 5% and Singapore has a GST of 7%. Canada has 5%. Hong Kong still remains tax free for all consumption.
Now though UAE Media claims that VAT will not impact people much or that VAT in the UAE will have impact on very few areas - my gut feeling states that VAT in UAE will have major consequences and almost everything will have a massive spike increase in the cost. Here is me sharing with you my views on VAT in the UAE and its impact on all sectors.
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كريم رجال الصحراء هو العلاج الفعال للتخلص من المشاكل الجنسية المتعلقة ب قضيب صغير و ضعف الانتصاب و القذف السريع للاستفادة من المنتج يرجى التواصل مع الطبيب المالكي مصطفى على الواتساب00212689611487
كريم رجال الصحراء هو منتج طبيعي وكل أعشابه طبيعيه ١٠٠٪ ولا يتسبب أي أثار جانيه امن تماما.
كريم رجال الصحراء هو المنتج الرائد في دول العالم عامة وفي الشرق الأوسط خاصة بسبب لنجاحه مع كل العملاء اللذين استعملوه
خلطت رجال الصحراء منتج مرخص من هيئة الغذاء والدواء
نتائج كريم رجال الصحراء
1-يعمل على تكبير القضيب
2-مفيد لي تأخير القذف
3-يقوي على لانتصاب
لا تترددوا وغيروا حياتكم للأفضل...
نحن نرسل المنتج لجميع دول الخليج و دول العالم
Evryone can go and leave, this is life. Iam indonesian. In my country many people try to make you scare, in the past we using gun for stop human stepp,in the modern era, so many ways, they like attack brain and how human think, make you scare and believe, 4 man walk in the jungle they hear sound of tiger, they run, in other side one man eat alone and lough, he fools tht 4 man, no need weapon
My suggest is wish tht uae goverment receive all critism, and for the employee you more know wht do you must do, want go back to your homeland or keep fighting or mybe go to other place, world have hard population . Evryone have different character, have different destiny, when you believe rabbit is tiger , then become tiger, if you believe tiger just a rabit so it just a rabbit
Bro ur words will be very pain full for some people but every word that u say is on point i hope no 1 will ban ur channel out of jealousy and pain.. u better know the proper alternative before ur channel go down..
Your analysis is so wrong.. you are speaking mind of ppl who tried their luck in dubai and failed ... pakistani ..indian start up salaried in middle tier is not 1500 dollars ..its much better than that
Im a housewife buy groceries myself ..5 percent tax is not alot compares to wht you and i pay back home in our countries...its still very small amount of tax...dubai will continue to see downfall in few years but its same like other countries where boom and slowdown comes in cycles ..your views and comments in comment section are like grapes are sour.
But not for every one. Lived here 10 years happily and still counting.
I left Dubai back in 2013 and it does not take a rocket scientist or an accountant to see the situation...Back then I predicted Dubai would be finished by the year 2020 and my prediction is happening now....I agree with you 100% ...
Alcohol just had 30% tax added last month...I tell people at home a Corona is $13 minimum in a bar and they don't believe me. I stopped going out here years ago. I save for holiday outside the country.
This time small compnes are daying becaus mostly main contractor not paing to sub contrators .and if any body give you cheq and it bons you can not do any thing .if you proceed to court pay court fee .and come back with empty pocket
for us who live here is horrible. They added the vat on already increased prices priot to vat implementation then they added the vat+ increase . Im paying vat to my country as expat also i cant manage my life expenses even like this
Here’s the reality 6 months into implementation of VAT: you were wrong on all accounts except the one which apply universally about excise taxes around the whole world. Get over the fact that you failed here...nothing to do with race or being non Arab
you say that because you are not an emirati or local arab...so why you and your family stay for so long for 50years in uae? be thankful because for sure you and your family benifited a lot in terms of luxurious and financial aspect...why don't you also ask your own country if did what the uae for 50years give to you? now you say that non sense arguments because maybe it is not benificial to you now...now that the uae facing a crisis you criticise them...be thankful brother
I am not ungrateful to the UAE.
I consider UAE as my motherland. And I have nothing but respect and regards for it. However, if something is wrong - it is wrong.
If you check my videos - I speak against India where Rape of women & children is concerned, I speak against religion where extremism is concerned and in the same way I speak against UAE (and the Gulf states) where Racism is concerned.
Just because the country has been nice to me does it mean I accept Racism, Extremism or Pedophilia?
Eighty per cent of the rich you talk about are of your gender from the Indian community. Second, you talked about companies that keep workers' passports! It seems to me that during your work and living for more than thirty years it seems to me that you do not have time to get to know your principals who are mainly Indian communities that own most private schools, including but not limited to Sony Farki, Jashanmal, Bhatia and many others who have done a lot And the sons of a lot of projects during their success in the UAE and do not forget that, I mean that the state does not interfere in the affairs of the private sector, which I talked about, and who goes and works for most of the beautification of Indian or Asian, as well as for the graduates who Ikerkthm which is not true At all, where there are more than ten thousand F-citizen can not get a job in the private sector does not exceed the salary of the ten thousand graduates in return there are Asians and foreigners from Western countries and Arab reach their salaries to more than sixty thousand dirhams in addition to bonuses, allowances and other !! And this means that we do not differentiate between one but it is a livelihood and everyone who takes his livelihood and not as you mentioned or trying to say in your interview, which seems to me to say that the UAE did not give you anything and bad words that does not mean that you could not save or get millions that The country is not successful >> I hope you change your talk to another topic about the tattoos on your face and why you try to change or hide your face ?? Instead of going into my country and you do not link you to it does not link the uterus, blood and offspring >>> Please talk to me why I lived thirty-six years in the UAE? Why did your family live in the UAE?
What you are comparing Emaratis with others like Indian's, Pakistanis or else? How they are living, ehow much they are earnings the locals Emaratis, IT'S NOT YOUR BUSINESS! !! Speak about your self. Anyway, let me tell something, no where even in Europe they go to employ people full of tattoo. Even in Europe the foreigners who are not in they original country of residence, they get paid less. So , please, stop talking, criticism of UAE. If people don't like here, can everybody leave, go...
Would disagree on ur apple comment... u said most of them r from south, South Indians teachers r preferred everywwhere, just because they’ve mother tongue influence while speaking a foreign language doesn’t make them bad, having said that it’s true that quality of education is a bit low in the uae
each and everything is true which you said...I was in uae fro 3 years and I understood that I am at a wrong place...I being an experienced engineer I was paid aed.6000 where I need to pay my rent, SEWA, my internet ,my food, send money to home,my car loan..at the end of a month I am left with few bucks...if with the same experience was a brit or an american they would have paid him 50 times more with all the benifits including accommodation and family visas....
Its very easy to highlight the TRUE FACTS , BUT what to do to solve it ..
There's a pit if you stay in UAE and there's fire if you go back to your home-countries ... and we're not so welcome in most of the countries in the west !!! SO NO SOLUTION ,JUST WAIT !
Man once i was at the patrol pump and i took my nose pump becuz i have some issues with my nose and i spit on side of patrol pump becuz of the taste of the nose pump .. and then the man came up to me and gave me a fine of 500 dhm 😂😂😂 thats how they make money .. i wish they will learn their lesson soon
Brilliant analysis but i guess Indian, Pakistani or even Bangladeshi College or University Degrees are more acceptable in the world wide rather than the UAE educational degrees.
i wonder how the locals manage their life when the expats leave the UAE.
Every single word you have said is based on honesty. U.A.E is vampire, the minute you enter the country airport immigration officer looks at you with the expression "Hmm.. Another meat ball to suck blood from"
All the Arab countries will run out of oil within 100 years, then the world will be reversed! they will all be poor countries and the others with be richer.. Why? ... because the other countries have more brains than money!
well said , but the consequences will be bad...sinking in the pool of debts ..sending family back home...perhaps 'divorcerate' also arises in among expatriate couples...dipression..addiction...oh my god I am feeling something very bad...
About the Tattoo being removed - well, I'm too old now and the last thing I want to do is invest $100,000 getting my tattoo removed over the next 3 years. It is part of my brand. Its more like me asking you to change your religion because I am not comfortable with it ~ Make sense?
some points u mentioned are true and common facts yet others are utter nonsense based on narrow view of this country, like the education here, not all the schools are based on what u explained ....my point is that dont encompass the whole spectrum but state that some fall in the range and some dont.
And its true the prices are high and its horrible . You should have enough money to live here.
very true bro!! The UAE government poses a rosy picture that the daily expenses will not change much and they think we expats are all gullible to believe it. I am sure a lot of expats who actually work sincerely will be on their way out of UAE to better places. If they want to tax so much then they must provide citizenship to expats on certain criteria. Otherwise an expat is duped all along the years he is in UAE feeding the government and he gets nothing at all in return. Most of other countries who have VAT do have criteria for expats to acquire citizenship or a permanent residence visa.
Raise the TAXES to fund Wars in Yemen, Bribe the corrupt Pakistani Government so they dont Develop Gwadar Port, and pay back the Israeli controlled IMF with the massive loans taken out to finance 2020...?????
u north Indians just Hate south Indians...don't you??? Glad n lucky we poor south Indians have you guys to represent the country with your neutralized crystal clear accent....I am being sarcastic here...ok
Ben, mentality of U people divide the country and others take benefit out of it. I believe after hindu n Muslim issue get fixed, it will be north n south India. My request; Pls, don't teach ur kids to hate others.
Abdullah Sadir - May i know where in RAK you lived because i used to live there too? I lived in RAK for almost 18 years. In the year 2000 it was all over. But that was long ago, i don't know how much UAE has changed since then. All i know is that UAE was very good in 80s and little bit in 90s.
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