Global Trade Alert
Global Trade Alert

United Arab Emirates: Cabinet exempts gold and diamond imports from VAT

Announcement

01 May 2018

In May 2018, the Cabinet of United Arab Emirates approved a new law that exempts gold and diamond imports from VAT to stabilize the gold and diamond sector.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 May 2018

Revocation date:

No revocation date

Announced: 01 May 2018
Internal taxation of imports In force
On 1 May 2018, the Cabinet of the United Arab Emirates issued a new law that exempts gold and diamonds from import VAT. The new law aims to allow investors in gold, diamond, and precious metals to con...
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Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14415

interventions

186

jurisdictions