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’s PINT AE v1.0.1 Released: Key Step Towards Mandatory E-Invoicing by 2026
- VAT Responsibilities and Treatment for Imported Goods on Behalf of Another in UAE
- UAE VAT Refund Deadline for Non-Resident Businesses Closed on August 31, 2025
- UAE Companies Urged to Prepare for VAT E-Invoicing by July 2026 Deadline
- UAE Adopts PINT AE v1.0.1 for 2026 E-Invoicing Compliance with VAT Regulations