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Dear Customer,

From 1st January 2018, Value Added Tax (VAT) will come into effect.

VAT is a transaction tax, chargeable on the sale of goods and services. The standard rate of VAT will be 5%, with a few exemptions for financial services. For Reem Finance PJSC, the supply of some services made in return for an explicit charge shall be taxable. This would be in addition to the stated prices.

For further information on VAT, please visit the website of UAE Ministry of Finance.

Reem Finance PJSC