Value Added Tax (VAT) is a tax applied at each point of sale on the purchase of goods and services. The end customer is answerable for the cost. Organizations are required to gather the tax as per the schedule. VAT is applied similarly to all tax-registered enterprises operating in free zones and the UAE mainland.
BAK Accounting and Auditing Service is a professional firm in U.A.E where we are providing quality audit and accounting services for the entire UAE business industries.