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Year: 2023

VAT Treatment on Financial Services in UAE

VAT Treatment on Financial Services in UAE

March 14, 2025April 7, 2023

Understanding how Value-Added Tax (VAT) is treated on financial services in the UAE is critical for businesses operating within the jurisdiction. Thus, it is advisable to seek the expert services …

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Categories Business, Value Added Tax
VAT Registration for Amazon Companies in UAE

VAT Registration Process for Amazon Companies in UAE

January 16, 2025March 30, 2023

The VAT registration process in UAE is often a complex task for companies, thus it is imperative for taxable persons to seek the expert services of UAE tax consultants to …

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Categories VAT Registration
VAT Treatment for Director Services

Amended VAT Treatment for Director Services

January 16, 2025March 1, 2023

In order to make certain changes to the Federal Regulation (No. 8 of 2017) on VAT, the UAE government issued the Federal Regulation No.18 of 2022 on VAT. On 21 …

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Categories Value Added Tax
VAT changes in Gold and Diamond Sector

UAE Introduces VAT Changes in Gold & Diamond Sector

January 16, 2025January 17, 2023

Corporations buying gold and diamonds are compelled to remit VAT at the moment of the sale in the VAT system. The FTA has opted to use the reverse charge method …

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Categories Value Added Tax
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