COVID-19 relief: Dubai family-owned businesses want a reduction in VAT until year-end

: gulfnews.com

#Business #Dubai #UAE Vat

Eliminating the taxes would improve the liquidity situation of companies, these business heads said in a request made to Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai’s Supreme Fiscal Committee.

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Dubai should consider setting up an economic council to include leading businessmen as well to draft a recovery plan for the economy.

These were among the suggestions from representatives of Dubai’s leading family-owned corporate houses in a letter sent to Sheikh Ahmed.

Boursa Kuwait announces net profit of KD 5.63 million for the period ended 30 June 2020

Against the backdrop of the unprecedented conditions brought on by the COVID-19 pandemic, Boursa Kuwait saw a net profit…

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Keywords: Business Dubai UAE Vat
Category: #UAE | 2020/05/12 latest update at 12:43 PM
Source : gulfnews.com | Photocredit : gulfnews.com

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