UAE amends VAT law
22 November 2022

Over the last two months, the Federal Tax Authority (FTA) has issued some major changes to the tax rules, including Federal Decree Law 18/2022, which is the first amendment to the VAT law since its introduction in 2018, and Cabinet Decree 99/2022, which amends the executive regulations on the VAT Law. Both will come into force on 1 January.

The most significant change is the possibility to extend the ordinary five-year statute of limitations – thus giving the FTA more time to challenge VAT filings.

Our Dubai Team and Tax Practice break down the main changes in the document available here.