Editing United Arab Emirates (section)

=== VAT ===
The UAE government implemented [[value-added tax]] (VAT) in the country from 1 January 2018, at a standard rate of 5%.<ref>{{Cite web |title=Value Added Tax (VAT) – The Official Portal of the UAE Government |url=https://u.ae/en/information-and-services/finance-and-investment/taxation/valueaddedtaxvat#:~:text=The%20rate%20of%20VAT%20is,provide%20high-quality%20public%20services. |access-date=28 November 2022 |website=u.ae |language=en |archive-date=23 March 2020 |archive-url=https://web.archive.org/web/20200323183006/https://u.ae/en/information-and-services/finance-and-investment/taxation/valueaddedtaxvat#:~:text=The%20rate%20of%20VAT%20is,provide%20high-quality%20public%20services. |url-status=live }}</ref>
While the government may still adjust the exact arrangement of the VAT, it is not likely that any new taxes will be introduced in the foreseeable future. Additional taxes would destroy one of the UAE's main enticements for businesses to operate in the country and put a heavy burden on the economy.<ref name=":2" />