The digital economy is a critical part of global trade and the sector continues to grow. However, the application of Value Added Tax (VAT) on digital services can be complex, especially if it is supplied internationally. The UAE VAT Law includes special provisions to address the complexity of digital services, which it classifies as electronic services. As per Article 23 of Cabinet Decision No.52, 2017, electronic services are “services automatically delivered over the internet, or an electronic network, or an electronic marketplace.”
Businesses need to understand whether their supply of services qualifies as ‘electronic services’ and must know how it will be treated under the regime of VAT in the UAE. You can consult with VAT consultants in Dubai to make an accurate assessment regarding the VAT treatment of electronic services. In this article, we intend to share our expertise on the VAT treatment of electronic services in the UAE so that you can meet your VAT compliance obligations efficiently. Keep reading for further information:
Source: jcauaeaudit.com
