A Comprehensive Guide to Cabinet Decision: VAT Executive Regulations in the UAE

Introduction to VAT Executive Regulations The implementation of the Value Added Tax (VAT) in the United Arab Emirates (UAE) marked a significant milestone in the country’s economic evolution. Enacted on January 1, 2018, VAT was introduced primarily to diversify the UAE’s revenue streams and reduce its dependence on oil-related income. The VAT Executive Regulations serve … Read more

Understanding Cabinet Decision No. 10 of 2019: An FAQ Primer for Non-Lawyers in the UAE

Introduction to Cabinet Decision No. 10 of 2019 Cabinet Decision No. 10 of 2019 is a pivotal regulatory measure introduced in the United Arab Emirates aimed at strengthening the existing framework for combating money laundering and terrorist financing. This decision reflects the UAE’s commitment to adhering to international standards of anti-money laundering (AML) practices and … Read more