Accounting
— March 1, 2023

New E-commerce VAT Reporting Rules for UAE businesses_

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As of 1 July 2023, Emirate-Level VAT Reporting will be implemented for resident taxpayers and will require them to report taxable supplies made through e-commerce in the emirate in which the supply is received if it exceeds 100 million UAE Dirhams ($27 million dollars).  

This new reporting requirement should result in a more suitable distribution of VAT revenue between the emirates and is in line with the global trend of taxing e-commerce supplies at the place of consumption. Read More