This case study addresses several major issues related to the application of a 0% VAT rate to indirect exports in the UAE. First, it considers the resale of goods that were already sold for subsequent export within the UAE. Second, it explores the interplay between the timing of customs clearance and resale. Third, it examines VAT concequenses for cases where goods have been transferred to a Designated Zone prior to their sale and resale. Finally, it discusses registration issues for foreign customers in cases of the aforementioned resale. Given the scarcity of clarifications from the FTA, we are attempting to bridge the gap with insights provided by the Omani, Saudi, and Bahraini tax authorities regarding similar regulations.
VAT for indirect export
Last News
15.10.2024
Arm’s length pricing issues for the Emirati Free Zone relief
On October 3rd, we partnered with STI Taxand to host a joint webinar on the intricate challenges of transfer pricing within Free Zones under the UAE Corporate Tax framework. We
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Overview of the Cabinet Decision No. 100 of 2024 on the VAT Executive Regulation
On 6th September 2024 the FTA issued a Cabinet Decision No. 100 of 2024, which significantly changed the existing VAT Executive Regulation to the UAE VAT Law. The Cabinet Decision
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IP is developed from another IP acquired: Nexus Ratio calculation
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