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 ...

Officials said the reforms are intended to strengthen procedural clarity, protect taxpayer rights and align compliance ...

The UAE has recently made a significant update to its value-added tax (VAT) regulations, now exempting transactions related to digital assets, including cryptocurrencies. This could be a game changer ...

The UAE is the first country in the world to allow tourists to claim Value Added Tax (VAT) refunds on their online shopping transactions. The initiative, launched last year by the Federal Tax ...

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 ...

Dubai 21st May 07: In the framework of their continuous efforts to contribute in the economic and social development of the UAE in general and Dubai in specific, and following their strategy which ...

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 ...

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 ...