- VAT on director’s services in the UAE has come under scrutiny after new guidance from the FTA
- Director’s services by natural persons are not considered a supply of services for VAT purposes from January 1st, 2023
- The new FTA Public Clarification VATP037 provides insights into the VAT implications of directorship services in the UAE
- Conditions must be met for directorship services to be treated as out of scope for VAT
- Transitional rules apply for natural persons providing directors’ services in the UAE
- Director’s fees are no longer taxable in the UAE from January 1st, 2023
Source: jcauaeaudit.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Arab Emirates"
- The Free Zone Mainland Operating Permit: Opening Mainland Market Access for Dubai’s Free Zone Companies
- 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