UAE Launches Plant the Emirates’ Initiative

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Ruler of Dubai, has introduced the “Plant the Emirates,” a national initiative designed to improve agricultural development and strengthen …

United Arab Emirates Exempts Crypto From Value Added Tax

The United Arab Emirates (UAE) has exempted all %Cryptocurrency transactions from its value-added tax (VAT), bringing the industry into line with more traditional financial services. The tax exemption, which goes into effect on Nov. 15 of this year, applies retroactively to transactions from as far back as Jan. 1, 2018.