Dubai-based accounting and financial compliance startup, Wafeq, raises $3M

Dubai-based accounting and financial compliance startup, Wafeq, raises $3M

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In 2016, the Gulf Cooperation Council (GCC) member states signed the Value Added Tax (VAT) agreement paving way for the introduction of the general levy on consumption across the region. The United Arabs Emirates (U.A.E) and Saudi Arabia became the first member states to adopt the treaty in 2018,…

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