Business & Money | Monday 8 January, 2018 2:18 pm |

PAN Emirates Home Furnishings, a local label in luxurious indoor, patio and outdoor furniture that is sure to light up any living space, takes joy in informing consumers that it will not be marking up its affordable luxury items with the 5% VAT tax. The legislation of the 5% surcharge will come into effect on 1st January 2018, affecting all goods and services at varying degrees in the coming year.

PAN Emirates will neither mark up prices for its current collections, nor make the tax effective on collections to come. Instead, driven to provide a great shopping experience, PAN Emirates will be completely absorbing the 5% charge implemented by the Government.

Mr. Mohammadi Katawala – Deputy Manager and Group Finance Director, PAN Emirates Home Furnishing, said, “As a customer-centric chain, we believe that it is in the benefit of our buyers for us to absorb the VAT usually transferred to the buyer, without marking up our prices. We don’t want to dissuade customers from purchasing essentials as well as luxury goods from PAN Emirates because of VAT, and for this we are happy to bear this cost ourselves. Despite the exorbitant cost of living, we believe that some things are classic, as should stay that way.”

As cost of living is expected to soar in the coming year in the UAE, PAN Emirates promises a comfortable, VAT-free shopping experience providing the best luxury interiors to its customers in the year to come. The rates of all collections in 2017 will be carried forward to 2018 as they are, to ensure that those who are loyal to the brand can create the living spaces dreams are made of, with no extra cost!

Shop for the best in luxury interiors, home décor, lighting and patio-furniture at PAN Emirates stores or on the PAN Emirates app, available on iOS and Android.  For more information, please log on to www.panemirates.com

About PAN Emirates Home Furnishing

PAN EMIRATES, the UAE’s No. 1 and most preferred home refurbishment destination continues to reinvent its product and service offerings, thus continuing to remain synonymous with easy, stylish and affordable home decorating solutions over the last 25 years. Today, PAN Emirates has 15 showrooms all over the GCC with future plans to expand. Renowned for superior product quality, great in-store experiences and pleasant after-sales service, PAN Emirates sets the benchmark when it comes to addressing a spectrum of furnishing styles and tastes.

Walking into a PAN Emirates showroom is almost like walking into a candy shop – you will come away with something – it’s impossible not to, with so much to choose from! Be it furniture, accessories or home décor – for every space and corner of your home and outdoors too. Our signature store in Al Barsha, Dubai is spread across 300,000 sq. ft. and is the biggest furniture store across the UAE. When you shop at a Pan Emirates store, you can be sure that you are getting the best quality, value and price guarantee for the piece of furniture you will buy. It’s a commitment we offer our customers and we call it the PAN PROMISE. So next time you need to redecorate or if something in our display catches your eye, do walk in and talk to Pan Emirates professional team. Their assistants will tell you all about, why with PAN PROMISE, you can be rest-assured that you are getting complete value for your money.

PAN Emirates Toll free number: 800 726, website: www.panemirates.com

PAN Emirates showrooms are at these locations:

• PAN Emirates: Dubai, Al Barsha, Umm Suqeim Road
• PAN Emirates: Dubai, Dubai Festival City Mall, Mezzanine floor
• PAN Emirates: Dubai, Al Madina Mall, Al Qusais, second floor
• PAN Emirates: Abu Dhabi, Old Air Port Road, corner Al Falah Street, Opposite NBAD
• PAN Emirates: Abu Dhabi, Al Shahama, Deerfields Mall, third floor
• PAN Emirates: Sharjah, Al Wahda Showroom, Behind of Toyota Showroom
• PAN Emirates: Al Ain, Al Mutared Area, Al Jebal Round About
• PAN Emirates: Ras Al Khaimah, Al Hamra Mall, First Floor
• PAN Emirates: Fujairah, Mohammad BinMattar Road
• PAN Emirates: KSA, Al Riyad, Al Jazira quarter, Souq Sharq Market, Exit 17
• PAN Emirates: Oman, Muscat, Al Khowair area, Zakher Mall
• PAN Emirates: Oman, Muscat, Al Hail North on the Service Road