United Arab Emirates Federal Tax Authority Issued Federal Decree-Law N0. (8) of 2017 on Value Added Tax. The federal decree law states lots of provisions relating to Value Added Tax in United Arab Emirates how ever the first and most important provision of Value Added Tax is Scope of Value Added Tax.
Article 02 of Federal Decree-Law No. (8) of 2017 states that:
Tax Shall be imposed on:
- Every Taxable Supply and Deemed Supply made by the Taxable Person.
- Import of Concerned Goods except as specified in the Executive Regulation of this Decree Lae.