A new Cabinet Decision introducing a VAT domestic reverse charge on B2B supplies of electronic devices has been announced. This reverse charge mechanism should be able to address cash flow concerns of distributors and manufacturers of electronic devices, and therefore should have beneficial impact of those businesses.
Source: Vlad Skibunov
Latest Posts in "United Arab Emirates"
- UAE Introduces Penalties for Non-Compliance With New E-Invoicing Rules Starting 2027
- UAE Sets New E-Invoicing Rules, Penalties, and Approves First Accredited Service Providers
- UAE E-Invoicing 2026: Key Facts, Compliance Steps, and VAT Requirements for Businesses
- UAE Launches Electronic Invoicing System to Modernize VAT and Enhance Tax Transparency
- VAT Obligations and Tourist Refund Scheme for Retailers in the UAE
