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  • Accounting & VAT posted an update

    UAE Amendment of the UAE VAT Law

    The Decree-Law No. 18-2022 regarding VAT was announced on the 28th of September 2022. It announced amendments to a few aspects in the UAE Federal Decree-Law no. 8 of 2017 on VAT (Value Added Tax). The changes will take effect on January 1, 2023.

    In all, 24 articles were modified and one article regarding the statute of limitations has been added to UAE VAT Law representing some important modifications to the Legislation.

    The major amendments to UAE VAT Law – effective on the 1 day Jan 2023 are as follows:

    To Read More About It Clicks Here

    https://www.simplysolved.ae/vat-and-tax-blog/uae-amendment-of-the-vat-decree-law/