The Federal Tax Authority (FTA) has issued a public clarification with regard to sale of a business or transfer of a business on 20th August 2019 vide clarification No: VATP015…

The Public Clarification provides a high-level clarification on the Value Added Tax and its amendments in respect of e-commerce in the United Arab Emirates, in the guide Federal Decree-Law No. 8 of 2017 on Value Added Tax, referred to as “Decree-Law” and Cabinet Decision…

The UAE cabinet has approved the list of administrative penalties that will be imposed on businesses for violations of the tax laws. It is important for every taxpayer to know what are the different circumstances that lead to the imposition of these penalties by the Federal Tax Authority (FTA) for violating the UAE VAT Law…

The Federal Tax Authority classified labour accommodation into two categories for tax payment purposes .There will be instances where the supply of certain labour accommodation shall be a supply of residential property, and other instances where the supply of certain labour accommodation shall be a supply of serviced accommodation…

Employees who perform services for their employer are not considered to be making a taxable supply. However, taxable persons who provide independent director’s services to other legal entities would be considered to be making a taxable supply of services…

The Federal Tax Authority (FTA) released a public clarification, VATP013, that sets certain principles to analyze certain expenses which amount to Reimbursement or Disbursement. The said public clarification discusses the applicability of VAT on reimbursement and disbursement of expenses charged by a taxable person on another person…

There has been uncertainty regarding the VAT treatment of options supplied in return for premiums specifically, whether they are exempt or taxable for VAT purposes…

Article 53 of Cabinet Decision No. (52) of 2017 on the Executive Regulation of the Federal Decree-Law No. (8) of 2017 on Value Added Tax (“VAT Executive Regulations”) stipulates input tax which is non recoverable by businesses…

In accordance with Article 41 of Cabinet Decision No. 52 of 2017 on the Executive Regulations of the Federal Decree-Law No 8 of 2017 on Value Added Tax (“Executive Regulations”), healthcare services may be zero-rated if certain conditions are met…

Value Added Tax (VAT) was introduced in UAE on 1st January 2018. The Federal Tax Authority (FTA) is chargeable   for all administrative and collection of taxes in the UAE…