UAE currently does not intend to increase VAT
VAT is currently levied at 5%, and reaffirms the ministry's commitment to achieve the county's development goals and plans
Press Release - 11-May-2020
Ministry of Finance - UAE
Also known as: MoF UAE Last updated on: 27 January 2020
fast facts
Business SummaryOversees the financial system in UAE including the financial and monetary policies, general budget, and supervises government properties, credit policy, and public investment funds.Country of IncorporationUAEOwnership TypeGovernmentEstablished In1972Primary SectorGovernmental InstitutionsNumber of Employees300Latest News
uae
MoF launches Federal Automated Revenue Estimation System
The system will automate the ministry's revenue estimations model and further improve integration of data to calculate estimates based on statistical and accounting standards
Press Release - 05-May-2020UAE MoF organises remote workshops on automated budget preparation system
The workshops also went through requesting a replacement for retirement or resignation, and employee promotions procedures
WAM (Emirates News Agency) - 02-Apr-2020MOF announces strategic partnership with Finovate Middle East
This partnership and event will bolster the UAE's standing as a global FinTech destination
Press Release - 20-Nov-2019The Ministry of Finance organizes two workshops on financial circular No. (15) on the final account instructions and (18) on indicators of government financial possibilities for fiscal year 2019
The workshops addressed the Financial Circular No. (15) for 2019 on the instructions for preparing the final account project of the federal authorities and consolidated the closing account for the year ended 31/12/2019, and Financial Circular No. (18) for 2019 on government potential indicators within the financial axis of the fiscal year 2019.
Press Release - 07-Nov-2019Contact details
Primary address
Ministry of Finance - UAE BuildingAl Falah Street
433
UAE
Abu Dhabi
Region
Abu DhabiCONTACT
- Tel: +971 2-672-6000
- Fax: +971 2-698-7414
- Email: contact@mof.gov.ae
- www.mof.gov.ae
Related links
www.government.aeFind Out More Information
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