Mona Tavassoli, of Mom Souq and Mompreneurs, says that one benefit of VAT will be to encourage small business to keep a closer watch their financial paperwork. Satish Kumar / The National
Mona Tavassoli, of Mom Souq and Mompreneurs, says that one benefit of VAT will be to encourage small business to keep a closer watch their financial paperwork. Satish Kumar / The National
Entrepreneurs said they understood that new revenues from VAT could boost regional development in GCC economies hit by falling oil prices, but called for better communication about the benefits that VAT would bring their businesses.