22/08/2026
From 1 October 2026, UAE businesses will be subject to new VAT due diligence requirements. FTA Decision No. 13 of 2026 introduces specific measures and procedures requiring Taxable Persons to verify the suppliers and supplies received before deducting input VAT.
The requirements also include documenting the verification procedures undertaken and retaining supporting records. With the new requirements taking effect soon, businesses should review their supplier onboarding, procurement, payment and VAT processes to ensure the required controls and documentation are in place.
Get expert advise: https://www.forvismazars.com/ae/en/services/tax/vat-indirect-tax?utm_medium=social&utm_source=facebook&utm_campaign=organic