As the implementation of Value Added Tax (VAT) continues to impact businesses in UAE, many are struggling to navigate the complex regulations and requirements. KARAMA ...

UAE businesses face a major digital overhaul in 2026-2027 with a new e-invoicing system. Starting July 2026, companies will ...

The UAE will introduce a reverse charge mechanism for value-added tax (VAT) on scrap-metal trading between registered businesses from 14 January 2026, following a new Cabinet decision announced by the ...

The UAE has exempted cryptocurrency transfers and conversions from value-added tax, positioning itself as a more crypto-friendly jurisdiction for digital asset transactions. Amendments to value-added ...

The Federal Decree-Law No. (8) of 2017 on Value Added Tax (VAT law) governs the application of value added tax in the UAE along with its Executive Regulations (Cabinet Decision No 52/2017).

DUBAI, May 11 (Reuters) - The UAE has no plans to increase its value-added tax rate, its finance minister told Al Arabiya TV on Monday, after Saudi Arabia said it would triple its rate. Saudi Arabia ...

The UAE has rolled out a new system allowing tourists to claim VAT refunds on online purchases, further enhancing its ...

The Federal Tax Authority (FTA) of the UAE recently amended some provisions of the UAE VAT Executive Regulations, particularly Cabinet Decision No. 52 of 2017, on the Implementing Regulation of ...

The Ministry of Finance (MoF) has announced the issuance of Cabinet Decision No. 153 of 2025 regarding the application of the reverse charge mechanism on trading of metal-scrap between registrants in ...

Saudi Arabia has implemented a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods and services, a move meant to strengthen its position in the ...

Al Bustani reaffirmed the FTA’s commitment to providing clear, transparent standards, procedures and mechanisms to facilitate ...

The United Arab Emirates has exempted crypto transactions from paying value-added tax (VAT), bringing the industry into line with several traditional financial services. The change, which takes effect ...