UAE: The UAE’s Ministry of Finance (MoF) recently announced a new VAT law for the country’s precious metals sector, where businesses supplying such goods will no longer need to charge or collect VAT.

The UAE has granted $790m in tax refunds for nationals building new homes, and also shared details of VAT waivers for tourists. The Federal Tax Authority (FTA) has confirmed that its digital VAT ...

The Federal Tax Authority (FTA) has unveiled a new VAT refund system designed specifically for e-commerce purchases made by tourists during their stay in the UAE. This system, which is the first of ...

Did you know that any tourist in the UAE is eligible for VAT refunds on their purchases? The UAE has made it easy for visitors to claim refunds upon their departure from the country. In 2024, the ...

The UAE has introduced a new system for tourists to receive VAT refunds on e-commerce retail purchases in the country. The Federal Tax Authority (FTA) has launched a new VAT refund system for ...

As the implementation of Value Added Tax (VAT) continues to impact businesses in UAE, many are struggling to navigate the complex regulations and requirements. KARAMA, DUBAI, UNITED ARAB EMIRATES, ...

UAE revises VAT exemptions - and businesses get chance to claim refund UAE's latest updates on VAT ensures that virtual asset based transactions come with exemptions. Shutterstock Dubai: With the UAE ...

Gold is big business in the UAE—here’s how the new VAT rules affect buyers and sellers If you’re buying or selling gold in the UAE today—whether as a business or as a shopper—it’s important to ...