17 Mar, 2023
UAE FTA Introduces New E-commerce Related VAT Obligations
Dubai March 17, 2023: The Federal Tax Authority (FTA) has introduced new e-commerce reporting and record-keeping obligations for resident taxpayers. These obligations, published in an amendment to the UAE VAT Executive Regulation, change the sourcing rules for e-commerce supplies made by residents in the Emirates. Amendments to the voluntary disclosure procedure have......More...
15 Mar, 2023
UAE and Turkey sign Trade Agreement
Dubai March 15, 2023: The United Arab Emirates and Turkey signed a comprehensive economic partnership agreement (CEPA) in Abu Dhabi. The aim of the deal is to increase trade between the two countries to $40 billion in the next five years and create thousands of new jobs. Dr Thani Al Zeyoudi, Minister......More...
13 Mar, 2023
FTA Issues Excise Tax Public Clarification EXTP010 on Registration of Warehouse Keeper
Dubai March 13, 2023: The Federal Tax Authority (FTA) of UAE has issued the Excise Tax Public Clarification EXTP010 on ' Registration of Warehouse Keeper and Registration and Renewal of Registration of Designated Zones'. This new issue replaces EXTP005 effective from 1st April 2023. Every designated zone in the UAE is required......More...