IBPC, Dubai was formed in the year 2003 after the unification of the three Indian business organisations in Dubai namely the Indian Business Council (IBC), Overseas Indians Economic Forum (OIEF) and Business & Professional Club (BPC).
The UAE, along with Saudi Arabia, are the first two GCC states to implement a five per cent VAT as part of reforms aimed at shoring up government revenue hurt by low oil prices. In the UAE, VAT is expected to yield Dh12 billion in 2018 and Dh20bn in ...