- Federal Tax Authority released English version of Cabinet Decision No. 100 of 2024 on October 4, 2024
- Updated UAE VAT Executive Regulations will be effective from November 15, 2024
- 35 changes made to 34 articles in the updated regulations
- Aurifer highlighted 10 key amendments to the UAE VAT ERs
- No official guidance from FTA on interpretation of changes yet
- Changes in documentation required for zero rating exports of goods
- Additional condition added for zero rating exports of services
- New definition of virtual assets included in the regulations
Source: aurifer.tax
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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