UAE Cancels VAT on Cryptocurrency Exchanges and Transfers
The UAE is canceling VAT on cryptocurrency transactions, including exchanges and transfers, with retrospective effect from January 1, 2018. Companies can request a VAT refund.
The UAE has announced the abolition of VAT on cryptocurrency transactions, including exchanges and transfers, with retrospective effect starting January 1, 2018. Companies dealing with virtual assets can apply for a refund of the VAT paid.
The editorial board is not responsible for the content and accuracy of material taken, sent or obtained from other sources. The publication of such materials is for informational purposes only and does not imply automatic endorsement or approval of their content.
