FTA introduces new VAT refund scheme for online shopping in the UAE
A new VAT refund process has been introduced by the UAE for e-commerce purchases made by tourists while in the country. According to reports, this is a world first.
FTA urges Resident Juridical Persons with Licences issued in October and November to register for Corporate Tax
Resident Juridical Persons with Licences issued in October and November are encouraged to submit their Corporate Tax registration application no later than 30 November 2024, advises the Federal Tax Authority (FTA).