UAE: Changes to VAT provisions announces

UAE: Changes to VAT provisions announces

The UAE Ministry of Finance announced amendments to some provisions of the Federal Decree Law No. 8 of 2017 on Value Added Tax (VAT), which will be effective from January 1, 2023. Under the changes, registered individuals who make taxable supplies will be allowed...
Federal Tax Authority: Ceases the use of e-Dirham

Federal Tax Authority: Ceases the use of e-Dirham

Magnati provides advanced software solutions for online payments, using next-generation advanced technologies to provide a seamless and efficient payment service for FTA customers. The FTA explained that the Magnati smart payments feature allows registrants to pay...
UAE Gov: Supports digital economy growth

UAE Gov: Supports digital economy growth

Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, affirmed the UAE government’s vision and futuristic approach, under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice...
FTA: Success of excise tax implementation

FTA: Success of excise tax implementation

The Federal Tax Authority (FTA) asserted that the implementation of Excise Tax has been a great success in all aspects, whether in relation to the implementation mechanisms that have been continuously developed in accordance with international best practices, or in...