I want to talk today about the incidental businessperson, and by extension its many subcategories that include the occasional and accidental trader.
This has never been a grey area in the UAE, but many have treated it as such. In the service sector, it became a real issue in 2018 with the introduction of VAT. However, even then there was a numerical value before it became an infraction of the rules.
Corporate tax added yet another component. But it is electronic invoicing, coming in 2026, that will be the straw that breaks the camel’s back.
Have you ever accepted the offer of a one-off piece of paid work, something that has nothing to do with your professional career?
This might, for example, involve you appea
Continue Reading on The National UAE
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.