Broadening domestic reverse charge VAT anti-fraud measures On 30 April 2025, the UAE Federal Tax Authority (FTA) issued Public Clarification VATP043, marking a significant update in the application of the domestic reverse charge mechanism for Value Added Tax (VAT). The reverse charge means the supplier
FTA details Value Added Tax liabilities for creation of bitcoin and similar cryptocurrencies. The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) has issued a public clarification outlining the VAT treatment of cryptocurrency mining – covering digital currencies such as Bitcoin and Ethereum.
UAE introduces 2018 retrospective VAT exemption for crypto currencies and virtual assets The UAE Federal Tax Authority recently issued an updated version of the Executive Regulation of the Federal Decree-Law No. 8 of 2017 on Value Added Tax (VAT), reflecting changes in Cabinet Decision No.
30 October 2023 – Mobile phones, tablets etc subject to anti VAT fraud measure The United Arab Emirates has imposed the use of the VAT reverse charge on the domestic B2B sales of a range of electronic devices. The obligation for the supplier to not
Updates to Value Added Tax rules with GCC VAT Agreement The Ministry of Finance in the United Arab Emirates is making a series of changes the Federal Law on VAT of 2017. These will bring it into line with the GCC Unified VAT Agreement, the
The Federal Tax Authority of the United Arab Emirates (UAE) has confirmed that sole traders (‘sole establishment’) – individuals not incorporated – may apply for a VAT number for their business(es). UAE VAT obligations The sole trader may apply in their own name or the
COVID-19 economic disruption prompts VAT amnesty The United Arab Emirates government has issued a Value Added Tax amnesty to reflect the continuing disruption under the coronavirus crisis. It has also given a revised penalty regime to reflect feedback from taxpayers since the Arab Gulf staff
E-services VAT obligations for foreign providers and marketplaces On 1 January 2018, the United Arab Emirates (UAE) implemented a 5% Value Added Tax regime. This included requiring non-resident providers of digital or electronic services via the internet or similar electronic network to charge and remit
E-services VAT obligations for offshore providers and marketplaces On 1 January 2018, the United Arab Emirates (UAE) implemented a 5% Value Added Tax regime. This included requiring non-resident providers of digital or electronic services via the internet or similar electronic network to charge and remit
