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Ministry of Finance announces services for natural persons serving as members of boards of directors will not be subject to VAT

The Ministry of Finance (MoF) has announced that starting from 1st January, 2023, director services undertaken by natural persons serving as members of boards at entities and institutions across the UAE will not be subject to value added tax (VAT). Meanwhile, VAT will still apply on the director services for …

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UAE President plants mangrove tree at Ngurah Rai Forest Park, Indonesia on sidelines of G20 Summit in Bali

President His Highness Sheikh Mohamed bin Zayed Al Nahyan planted a sapling of a mangrove tree at Ngurah Rai Forest Park, Indonesia, a model of sustainability and attention that the Republic of Indonesia attaches to the environment and environmental sustainability. This came on the sidelines of President His Highness Sheikh Mohamed’s participation …

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