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VAT on Cryptocurrency Mining in the UAE: What Every Miner & Business Should Know (+ VAT Refund Advisory UAE)

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Cryptocurrency mining is booming worldwide and the United Arab Emirates (UAE) has become one of the most attractive hubs for crypto activity. With rapid adoption and clear regulatory moves, miners and businesses need to understand how Value Added Tax (VAT) applies to mining operations in the UAE, especially after the UAE Federal Tax Authority (FTA) published VAT Public Clarification VATP039 in January 2025. Now, we’ll see the VAT rules around cryptocurrency mining, how they impact you, and what you need to know about Vat Refund Advisory UAE to optimize your tax position. What Is Cryptocurrency Mining? At its core, cryptocurrency mining uses high-powered computer rigs to validate transactions on a blockchain network. Miners earn digital assets (like Bitcoin or Ether) as rewards for contributing processing power. However, for VAT purposes, not all mining activities are treated the same under UAE law. The VAT implications depend on whether the mining is for personal use or provide...

AML Compliance Challenges and Practical Solutions for Crypto Companies in the UAE

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  The global digital asset industry is entering a new regulatory phase. In early 2025, the United States strengthened its stance on crypto oversight by forming the Presidential Working Group on Digital Asset Markets. While many nations continue debating how to supervise cryptocurrencies, the United Arab Emirates (UAE) has already emerged as a regulatory frontrunner with clear, innovation-focused virtual asset laws. With high crypto adoption, a rapidly expanding wealthy population, and government-driven support for blockchain innovation, the UAE has become a top hub for crypto and Web3 companies. However, with this rapid growth comes a major responsibility: building and maintaining robust Anti-Money Laundering (AML) systems. This is where AML consulting firms in Dubai play a crucial role, helping crypto businesses meet regulatory expectations and avoid compliance failures. Why AML Compliance Is Becoming More Critical Although blockchain technology is widely adopted, regulators rema...

UAE Free Zone Companies: Who Can Enjoy the Zero Corporate Tax Regime?

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  Introduction How crucial are Special Economic Zones (SEZs) to a nation’s economic growth? To understand their impact, look no further than Shenzhen, China. In the late 1970s, it was a quiet fishing village with barely 30,000 residents. Once designated as one of China’s first SEZs in 1980, Shenzhen’s transformation was nothing short of miraculous—its GDP per capita grew by more than 33,000% between 1979 and 2019. During the same period, China’s national GDP increased over 54 times, underlining how SEZs can be catalysts for economic development. From the first SEZ established at Shannon Airport in 1959 to nearly 7,000 such zones operating across 145 economies today, these zones have consistently promoted global trade and investment. Among the countries that have harnessed the power of SEZs most effectively is the United Arab Emirates (UAE) . According to fDi Intelligence , six of the world’s top ten free zones in 2023 were in the UAE. The Dubai Multi Commodities Centre (DMCC) has ...