The UAE has issued Federal Decree-Law No. 18 of 2022 to amend a number of provisions of the Federal Decree-Law No. 8 of 2017 on Value Added Tax (the VAT Decree-Law). The amendments do not make fundamental changes to the way VAT operates in the UAE, and will not afact the way most businesses administer their VAT affairs. Nonetheless, the changes are important as this is a full update of the VAT Decree-Law, and a number of important points are refreshed and clarified.
The changes are listed in the attached document in the order they appear in Decree-Law No. 18. Please note, we have not included minor changes to wording that will not affect most taxpayers.
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