The director services provided by the natural person or by the legal person on or before December 31, 2022, where its fee was fixed/determined with effect from January 1, 2022, will be considered a supply of services for VAT purposes even if the invoice will be issued or payment will be made after December 31, 2022
Source: khaleejtimes.com
Latest Posts in "United Arab Emirates"
- Declaration of Tax Group Eligibility and Compliance Summary
- Key Highlights of Ministerial Decision No. 243 & 244 of 2025 on Electronic Invoicing
- UAE e-Invoicing 2025: Key Rules, Timelines, and Actions for Businesses Under MD 243 & 244
- Federal Tax Authority Revises Turnover Declaration Rules for VAT Group Registrations
- UAE E-Invoicing: Digital Transformation, Compliance, and Efficiency for Micro Enterprises and Businesses