Article 2 – Supply of Goods
Article 3 – Supply of Services
The Executive Regulation of Federal Decree-Law No. 8 of 2017 regarding Value Added Tax (VAT) encompasses rules related to the supply of Goods and Services.
Article 2 addresses the supply of Goods, defining it as the transfer of ownership or usage rights from one Person to another. This includes ownership transfers through agreements, compulsory considerations, and contractual transfers at a later time. Notably, the transfer of usage rights isn’t deemed a supply of Goods unless the recipient can act as an owner.
Article 3 pertains to the supply of Services. It encompasses a range of actions that don’t qualify as Goods supply, such as granting rights, offering facilities, abstaining from activities, and transferring intangible rights. Notably, the functions of a board member in government or private sectors do not fall under the category of Services.
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This article was published on 1 September 2023.
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