VAT Impact on E-Commerce Business in the UAE
As per the latest clarification from the FTA on July 31 2023, regarding e-commerce, the Federal Tax Authority (FTA) has emphasized that taxpayers must adhere to precise, emirate-specific Value Added …
Month: October 2023
Gulf Cooperation Council VAT Agreement
Gulf Cooperation Council countries are seeking to develop strategies aims to develop cooperation relations between them, to achieve economic integration, develop similar legal legislation in economic fields, and establish a …
Tax Credit Note Under UAE VAT Law
Tax credit note under UAE VAT law means the the document which records any amendment to the taxable supplies, whether by reduction (in the case of giving a discount) or …
VAT in the UAE: Your Frequently Asked Questions
In this article, we will deal with the frequently asked questions about VAT in UAE issued in accordance with Federal Decree Law (8) of 2017. General VAT FAQs What is …
VAT on Commercial Property in UAE: A Comprehensive Guide
The Federal Tax Authority in the UAE defines a residential building for VAT purposes as a residential building or part thereof prepared and designed to be occupied by a number …
