UAE Tax VAT Executive Regualtions


On Oct. 2, UAE Tax published revised executive regulations of VAT law.


  • UAE Tax published executive regulations of Federal Decree-Law 8 of 2017 regarding Value Added Tax (VAT), as most recently amended by Cabinet Decision 100 of 2024.
  • Document dated Oct. 2, 2024, received from UAE Tax on Oct. 22 due to a fixed feed.
  • Key Amendments
  • Set the conditions to transfer ownership of goods, right to use from person to another.
  • Mandatory registration is 375k AED and person required to register for tax pursuant to provisions of Decree Law must file a Tax Registration application with UAE Tax 30 days.
  • Added new article 14 bis re tax deregistration to protect the integrity of tax system.
  • Detailed the situations for calculating tax on any supply of goods by reference to the profit margin by taxable person that shall also issue a tax invoice stating that clearly.
  • Specified the cases in which the supply of international transportation services for the passengers and goods and transport-related services shall be subject to the zero rate.
  • Listed elements to be contained in tax invoices that can be issued by electronic means.
  • Exporter to retain customs declaration and evidence that proves export, shipping certificate, or declaration that proves the suspension arrangement of customs duties.
  • Tax return must be received by UAE Tax by the 28th day following end of tax period.
  • Specified additional services exempt from VAT, including management of investment funds, transferring ownership of virtual assets, and converting of virtual assets.
  • Effectiveness
  • Decision is published in the official gazette, and effective as Nov. 15, 2024.

Regulators UAE Tax
Entity Types Auditor; Corp; IA
Reference OG, 10/2/2024; Dec 100/2024, 9/6/2024; Law 8/2017;
Functions Accounting; Compliance; Financial; Legal; Operations; Registration/Licensing; Reporting; Tax; Treasury
Countries United Arab Emirates
Category
State
Products Corporate; Cryptocurrency; Equity; Fund Mgt
Regions EMEA
Rule Type Final
Rule Date 10/2/2024
Effective Date 11/15/2024
Rule Id 230731
Linked to N/A
Reg. Last Update 10/2/2024
Report Section International

Last substantive update on 10/24/2024