UAE Value Added Tax (VAT): Update

VAT Public Clarification on VAT registration of ‘Sole Establishments’(VATP021) The UAE Federal Tax Authority (FTA) has issued public clarification in respect of VAT registration obligations of a natural person in respect of its sole establishments. Meaning of Sole Establishment/Sole Proprietorship A legal form of business; 100% owned by a natural person; Does not have a…