The Ministry of Finance (MoF) issued a Ministerial Decision on the Criteria and Conditions for Electronic Commerce for Record Keeping of the Supplies Made.
The decision came following the issuance of Cabinet Decision No. 99 of 2022 on the amendment of some provisions of Cabinet Decision No. (52) of 2017 on the Executive Regulation of Federal Decree-Law No. (8) of 2017 on VAT, which has amended Article 72 of the Executive Regulation and introduced for some taxable persons (whose value of e-commerce supplies of goods and services exceeds AED 100 million) the requirement to keep records of e-commerce transactions according to the emirate in which these supplies are received.
Source: www.wam.ae
Latest Posts in "United Arab Emirates"
- UAE FTA Updates Excise Tax Rules for Natural Shortages in Designated Zones with EXTP014
- UAE Releases Official E-Invoicing Guidelines: Key Compliance Dates, Rules, and Business Requirements
- Key UAE VAT Law Changes in 2025: Five-Year Limit, Reverse Charge, and Anti-Evasion Rules
- UAE E-Invoicing Mandate: Key Steps for Business Compliance and Implementation Deadlines
- UAE Ministry of Finance Issues Mandatory e-Invoicing Guidelines for Businesses and Government Entities
