The UAE Federal Tax Authority (FTA) has released on Tuesday a simplified explainer on the conditions under which the value-added tax (VAT) will be applicable to the health and education sectors.
It lists down items that have zero VAT, those that are VAT-exempt and those that are not.
The Federal Tax Authority on Wednesday posted an unofficial translation of Cabinet Decision No. (59) of 2017 on Designated Zones for the purposes of the Federal Decree-Law No. (8) of 2017 on Value Added Tax [VAT].
Do you know it is mandatory to issue an invoice with the title TAX INVOICE? FTA has mentioned several requirements an invoice should have.
We have created a sample invoice as the requirement.