December 5, 2022 / Regulatory & Compliance
UAE VAT Update — Clarification on Natural person Performing the Function of Director on a Board of Directors
The Federal Tax Authority (FTA) recently published a Public Clarification VATP031 on the treatment of the services of a member of a Board of Directors (hereafter referred to as “Director”). ... Read more
November 3, 2022 / Regulatory & Compliance
UAE VAT Updates – Amendments to the VAT Law effective from 1 January 2023
The UAE Cabinet (Cabinet) issued Federal Decree-Law No. 18 of 2022 on 26 September 2022, which amends some of the provisions of Federal Law No. 8 of 2017 on Value ... Read more
February 4, 2022 / Tax, Regulatory & Compliance
UAE VAT Updates – Timeline for Re-determination of Administrative Penalties extended until 31st December 2022
The UAE Cabinet issued Cabinet Decision No. 108 of 2021 (Decision) amending Article 3 of Cabinet Decision No. 49 of 2021 to extend the timeline for the re-determination of administrative ... Read more
January 31, 2022 / Tax, Regulatory & Compliance
UAE VAT Updates – Cabinet Decision on Controls and Procedures for Instalment Payment, Waiver and Refund of penalties
The UAE Cabinet issued Cabinet Decision No. 105 of 2021 (Decision) on 28th December 2021 that stipulates controls and procedures for installment payment, waiver, and refund of administrative penalties ... Read more