Navigating the Impact of VAT on E-Commerce in the UAE: A Comprehensive Guide In a recent update from the Federal Tax Authority (FTA) on July 31, 2023, significant changes in Value Added Tax (VAT) reporting criteria for e-commerce businesses in the United Arab Emirates...
The United Arab Emirates (UAE) is a significant global trade player and the largest exporting state in the Gulf Cooperation Council (GCC). The UAE is the 29th largest export economy worldwide and the 20th largest importer. Key exports from the UAE include electronics,...
How to Check If Your Tax Registration Number (TRN) in UAE Is Valid So, you’ve got your Tax Registration Number (TRN) in the UAE, but now you’re wondering, “Is it legit?” Don’t worry; we’ve got your back. In this article, we will...
Understanding VAT Exemptions in UAE Real Estate Transactions Regarding real estate transactions in the United Arab Emirates (UAE), understanding the ins and outs of Value Added Tax (VAT) exemptions is crucial. We’ll explore what are VAT exemptions in UAE real...
Demystifying VAT for Commercial Property in the UAE: A Complete Guide Before we get into the nitty-gritty of VAT, it’s crucial to distinguish between residential and commercial properties in the eyes of the Federal Tax Authority (FTA) in the UAE. A residential...