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Digital Subscriptions > International Adviser > International Adviser May 2017 > UAE to put VAT on advice – but not life

UAE to put VAT on advice – but not life

Details of the VAT system to be introduced for the first time in the UAE reveal that the standard rate of 5% will be levied on fee-based financial advice but not on the sale of life products.

The UAE is on track to implement VAT from 1 January 2018, according to an update from law firm Pinsent Masons.

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Including… Aspirations of the merged Standard Life/Aberdeen behemoth to pile into the US market, in-depth analysis of the 25% Qrops charge, top Miami-based adviser and professor Deena Katz’s take on training, and how domestic reforms are powering economic opportunities in India.
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