The impact of value-added tax on consumer electronics will be felt for six to nine months but after that, it will be business as usual: Eros vice-chairman
The seminar took place on April 17 in The Address Boulevard Hotel in downtown Dubai.
69% of the GCC respondents estimated it would take longer than six months for their business to adequately prepare for the introduction of VAT: Deloitte
Council of Ministers decide to introduce selective tax on luxury items and products that are harmful to human health and the environment
A Qatar-based analyst believes the GCC countries will likely have to increase VAT from 5 percent in coming years in order for it to be profitable.
To reach the goals of Vision 2030, the non-oil private sector must grow by 8.5% annually