The UAE Ministry of Finance has introduced new VAT exemptions that bring notable financial relief to businesses, particularly in group medical insurance and financial services. Announced on October 5, the updated VAT exemptions will take effect from November 15, offering savings across several sectors. One of the most significant updates Read more…
The UAE has revised its VAT law, introducing key exemptions for investment fund management, virtual assets services, and in-kind donations between charities and government entities. These changes aim to boost investment, foster economic growth, and support charitable efforts, while also enhancing tax compliance and aligning regulations with international standards. The Read more…
UAE yet to publish in official gazette. Beneficial to foreign nationals residing in KSA and UAE too On 1 March 2019, Saudi Arabia published the Double Tax Treaty (DTT) with the United Arab Emirates in its Official Gazette (Ummul Quraa). The DTT is not yet to publish in the UAE Read more…
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