UAE tightens VAT record-keeping rules with mandatory electronic access for tax audits New rules require businesses to provide the UAE tax authority with full electronic accounting records, system access and even passwords from 30 July 2026. Under Federal Tax Authority (FTA) Decision No. 4 of
Federal Tax Authority: new definitions, exemptions but challenges remain The United Arab Emirates (UAE) Federal Tax Authority has provided guidance to address the taxation of virtual assets, offering businesses clearer guidance and new exemptions. The changes, which apply retroactively from January 1, 2018, are outlined
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.
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
