The amendments, effective from April 14, introduce reduced or revised administrative penalties across Value Added Tax, Excise ...

The UAE has amended its value-added tax law to exempt certain entities, as the government seeks to increase the attractiveness of the Emirates' investment environment and further support economic ...

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 ...

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 ...

With oil prices halving from a high of $115 per barrel last year to a low of $45 per barrel in January, Gulf Cooperation Council countries have been forced to tighten their belts and look for ...

Missing your filing deadline is costly. The FTA imposes late filing penalties starting at AED 100. If your return is more ...

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 ...