- VAT on director’s services in the UAE has come under scrutiny after new guidance from the FTA
- Director’s services by natural persons are not considered a supply of services for VAT purposes from January 1st, 2023
- The new FTA Public Clarification VATP037 provides insights into the VAT implications of directorship services in the UAE
- Conditions must be met for directorship services to be treated as out of scope for VAT
- Transitional rules apply for natural persons providing directors’ services in the UAE
- Director’s fees are no longer taxable in the UAE from January 1st, 2023
Source: jcauaeaudit.com
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.
