Introduction to Federal Decree-Law No. 8 of 2017 The Federal Decree-Law No. 8 of 2017, establishing the Value Added Tax (VAT) Law in the United Arab Emirates (UAE), marked a significant shift in the tax landscape of the nation. Introduced on January 1, 2018, the primary rationale behind this legislative move was to diversify government … Read more
Introduction to VAT Executive Regulations Value Added Tax (VAT) Executive Regulations in the United Arab Emirates (UAE) represent a significant shift in the country’s taxation landscape, following the introduction of VAT on January 1, 2018. Established to comply with the Gulf Cooperation Council’s (GCC) Unified VAT Agreement, these regulations provide a comprehensive framework for the … Read more
Introduction to FTA Corporate Tax Guides The Federal Tax Administration (FTA) corporate tax guides serve as crucial resources designed to aid businesses in navigating the complexities of tax compliance. They are established to delineate the expectations of corporate entities regarding their tax obligations, thereby promoting transparency and understanding within the corporate environment. The primary purpose … Read more
Introduction to Federal Decree-Law No. 18 of 2017 Federal Decree-Law No. 18 of 2017 represents a significant legislative development in the United Arab Emirates (UAE), particularly concerning excise tax implementation. This law was introduced to regulate the taxation of specific goods deemed harmful to human health or the environment. The overarching aim is to promote … Read more
Introduction to Excise Tax Law in the UAE The Excise Tax Law in the United Arab Emirates (UAE), established by Federal Decree-Law No. 7 of 2017, represents a crucial regulatory framework aimed at curtailing the consumption of goods that adversely impact human health or the environment. This legislation was introduced to align the UAE’s fiscal … Read more
Introduction to Federal Decree-Law No. 7 of 2017 Federal Decree-Law No. 7 of 2017 represents a significant development in the fiscal landscape of the United Arab Emirates (UAE). Officially known as the Excise Tax Law, it was established with the primary objective of introducing an excise tax on specific goods that are viewed as harmful … Read more
Introduction to Excise Tax in the UAE Excise tax is a form of indirect taxation that is levied on specific goods and services that are deemed harmful to public health or environmentally taxing. In the context of the United Arab Emirates (UAE), this tax was introduced through Federal Decree-Law No. 7 of 2017, which serves … Read more
Introduction to VAT and FTA Value Added Tax (VAT) represents a pivotal element of the contemporary taxation framework adopted by numerous countries worldwide, including the United Arab Emirates (UAE). Implemented on January 1, 2018, VAT is a consumption tax levied on the supply of goods and services, enhancing the government’s revenue base. The significance of … Read more
Introduction to the Cabinet Decision No. 52 of 2017 The Cabinet Decision No. 52 of 2017 plays a pivotal role in the regulatory framework governing Value Added Tax (VAT) in the United Arab Emirates (UAE). This regulation was established to solidify the legal foundation for VAT implementation and outlines critical aspects of compliance, penalties, and … Read more