New Excise Tax – 1st December 201926-11-2019
From 1st December 2019, a 100 percent tax will be levied on e-smoking devices, vapes and certain soft drinks, as announced by the UAE Cabinet. Additionally, soft drinks with added sugar and sweeteners will be subject to a 50 per cent tax. A complete list of products affected has not been published as of now.
How TLG can help?
TLG’s Corporate & Commercial Department would be pleased to provide you with assistance and support in reviewing and modifying contracts and other documents relating to affected goods to render them fully compliant with the new Excise Tax law.
Should you have any questions and/or queries, please feel free to contact TLG’s Corporate & Commercial Department for further information and any assistance you may require.
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