- The UAE Federal Tax Authority released a VAT Public Clarification VATP040 on March 14, 2025.
- The Clarification provides guidance on various VAT rules.
- The rules include registration, telecommunications and electronic services, zero-rating of supplies, financial services, input tax recovery, tax invoices, tax credit notes, and record-keeping requirements.
- The UAE Cabinet approved Decision No. 100 of 2024, which amends specific provisions of the Executive Regulations of Federal Decree-Law No. 8 of 2017 on Value Added Tax (VAT) on October 5, 2024.
Source: regfollower.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 Unveils Gradual Implementation Plan for National E-Invoicing System
- Australia-UAE Free Trade Agreement Comes Into Effect
- Ministry of Finance Proposes Legislative Changes to Implement Updated Sugar-Sweetened Beverage Excise Tax Policy
- FTA Clarifies VAT Treatment of Transactions Involving Sports Players
- UAE Introduces New Electronic Invoicing System with Ministerial Decision No. 243 of 2025
