In the UAE, VAT applies to goods and services exchanged for cryptocurrency, treating these transactions as barter. Businesses accepting cryptocurrency must calculate VAT based on the fiat value (in ...

Sheikh Maktoum reviews UAE FTA AI strategy as Corporate Tax registrants hit 710,000 and VAT refunds for new homes reach $25.7m ...

The UAE will introduce a reverse charge mechanism for value-added tax (VAT) on scrap-metal trading between registered businesses from 14 January 2026, following a new Cabinet decision announced by the ...

The UAE has exempted cryptocurrency transfers and conversions from value-added tax, positioning itself as a more crypto-friendly jurisdiction for digital asset transactions. Amendments to value-added ...

UAE businesses face a major digital overhaul in 2026-2027 with a new e-invoicing system. Starting July 2026, companies will ...

Saudi Arabia has implemented a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods and services, a move meant to strengthen its position in the ...

Find out which purchases qualify, required documents, and refund methods Understand minimum purchase limits, required documents, paperless options, and how to track your VAT refund through Planet’s ...

The Ministry of Finance (MoF) has announced the issuance of Cabinet Decision No. 153 of 2025 regarding the application of the reverse charge mechanism on trading of metal-scrap between registrants in ...

The UAE is preparing to roll out a major reboot of its tax procedures on 1 January 2026, aiming to make life easier for taxpayers while giving the Federal Tax Authority (FTA) stronger tools to ensure ...

The United Arab Emirates has exempted crypto transactions from paying value-added tax (VAT), bringing the industry into line with several traditional financial services. The change, which takes effect ...