by Adithya Menon
in TAX
VAT Update: Amended Regulations Exempts Investment Fund Management Services from UAE VAT
The Federal Tax Authority (FTA) published the Cabinet Decision No. (100) of 2024 (Decision), which amends the Executive Regulations of Federal Decree-Law No. (8) of 2017, effective from 15 November 2024. Under the existing VAT regulations, the provision of investment fund management services for consideration is subject to VAT at 5%. With the recent amendment […]