UAE: Updated executive regulation on VAT
More than 30 amendments impacting different industries
The Federal Tax Authority (FTA) on October 2, 2024, published Cabinet Decision No. (100) of 2024 to update the executive regulation related to value added tax (VAT).
The updated executive regulation includes more than 30 amendments affecting different industries and will become effective November 15, 2024.
Read an October 2024 report prepared by the KPMG member firm in the United Arab Emirates that summarizes the key updates.