As the e-commerce industry in the UAE is turning highly competitive with the entry of more players, the challenges related to VAT have become increasingly pertinent. Realising the need to resolve the issues of VAT in the e-commerce industry, the Federal Tax Authority (FTA) has come up with solutions in the form of VAT Guides and workshops for accredited tax agents in Dubai, UAE. Determining VAT on e-commerce sales is challenging due to the uniqueness of the mode of transaction. Gleaning insights from the VAT clarifications, we guide you about the rules to follow while determining VAT on e-commerce transactions in the UAE.
Source: jcauaeaudit.com
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