VAT Public Clarification

Clarification Public VAT Performing the function of Director on a Board of Directors by a Natural person

Issue Article 3 of the Cabinet Decision No. 52 of 2017 on the Executive Regulation of the Federal Decree- Law No. 8 of 2017 on...

TAXP001 – Amendment of Penalties – 27 05 2021

Tax Procedures Public Clarification Amendments to the Penalties Regime. Issue On 28 April 2021, the Cabinet issued Decision No. 49 of 2021 on Amending some...

TAXP002 – Redetermination of Penalties – 25 05 2021

Issue On 28 April 2021, the Cabinet issued Decision No. 49 of 2021 on Amending some Provisions of Cabinet Decision No. 40 of 2017 on...

TAXP003 Tax Procedures Law Amendment 06-11-2021

Issue Tax procedures in the UAE are regulated by the Federal Law No. 7 of 2017 on Tax Procedures. The Federal Decree-Law No. 28 of...

TAXP004 – Redetermination of Penalties – 25-01-2022

Issue On 28 April 2021, the Cabinet issued Decision No. 49 of 2021 on Amending some Provisions of Cabinet Decision No. 40 of 2017 on...

TAXP006 – Issuance of Tax Procedures Executive Regulation – For Publishing

Issue The tax procedures in the UAE are regulated by Federal Decree-Law No. 28 of 2022 on Tax Procedures (“Decree-Law”) and its Executive Regulation. Cabinet...

VATP001-compensation-type-payments

Issue VAT is a tax on supplies of goods and services. Therefore, no VAT is due if no supply takes place. As part of business...

VATP002-profit-margin-scheme

Issue It is important that businesses properly identify those goods which qualify to be sold under the profit margin scheme, in the context of transitional...