- FTA has amended the Executive Regulations of the Federal Decree-Law No. 8 of 2017 on Value Added Tax
- Zero-rating export of services conditions have been amended
- Supplies excluded from zero-rating include services on goods, means of transport to non-taxable person, restaurant and hotel services, cultural and educational services, real estate-related services, transportation services, telecommunication and electronic services
- ‘Moveable personal assets’ changed to ‘moveable assets’
- Article 30(3) to Article 30(8) of Decree Law overrides Article 31(1)(a) of Executive Regulations
- Amendment does not make significant differences in interpretation
- Change in term from ‘Moveable Personal Asset’ to ‘Moveable Asset’ is welcomed
Source: pkfuae.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"
- UAE VAT Refund Deadlines and Lapse Rules Under New Amendments
- UAE Publishes Updated Electronic Invoicing Guidelines (Version 1.1 – June 2026)
- UAE E-Invoicing Guidelines 1.1: June 2026 Storage, ASP, and Retention Updates
- UAE E-invoicing: A Phased Approach to Digital Transformation
- UAE Finance Ministry Issues New E-Invoicing Resolutions
