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UAE Special: Is Your Point of Sale System Ready for the VAT Tax?

Don Rua Blog 0 Comments

Special notice for restaurants and merchants using POS  and ERP systems in the UAE: Making sure your Point of Sale (POS) system is compatible with the UAE’s new  Value Added (VAT) Tax is critical.  Effective January 1, 2018, a 5% tax was added onto the purchase of goods and services as a new source of income.  Still, many small and medium sized businesses have failed to meet the deadline to comply with VAT Tax law.  The Federal …