E-commerce plays an important role in today’s business world. Peculiar features of E-commerce business include buyer located in a particular place, placing an order on online platform for goods or services and the delivery for which is requested either online or any place.
In order to provide guidance on the E-commerce supplies, the Federal Tax Authority has recently issued the following legislations:
- Ministerial Decision no 26 of 2023 defining E-commerce supplies
- Public Clarification P033 which provides guidance for Emirates wise reporting and records keeping of E-commerce supplies.
The detailed legislations are enclosed for ready reference.
Effective 1 July 2023, these provisions are applicable to specified suppliers supplying goods or services through E-commerce medium or E-commerce medium operating as undisclosed agent.
Please find enclosed our summarised note on these provisions.
FTA Legislations
