The UAE tax system has reached a new phase of maturity, with the Federal Tax Authority (FTA) reporting one of the highest corporate tax compliance rates globally and a rapid rise in registration ...

In the UAE, VAT applies to goods and services exchanged for cryptocurrency, treating these transactions as barter. Businesses accepting cryptocurrency must calculate VAT based on the fiat value (in ...

The UAE is the first country in the world to allow tourists to claim Value Added Tax (VAT) refunds on their online shopping transactions. The initiative, launched last year by the Federal Tax ...

The UAE has exempted cryptocurrency transfers and conversions from value-added tax, positioning itself as a more crypto-friendly jurisdiction for digital asset transactions. Amendments to value-added ...

Find out which purchases qualify, required documents, and refund methods Understand minimum purchase limits, required documents, paperless options, and how to track your VAT refund through Planet’s ...

The UAE will introduce a reverse charge mechanism for value-added tax (VAT) on scrap-metal trading between registered businesses from 14 January 2026, following a new Cabinet decision announced by the ...