VAT Conversion of Digital Currency into Dirhams

Document overview

Sets the method for determining the AED value of consideration received in digital currency using the average spot rate of three selected exchanges.

Three exchanges are selected.
The average spot rate is used.
The FTA list must be checked by transaction date.

Scope and exclusions

Applies to

Applies to taxable supplies where consideration is received in digital currency; three exchanges are selected from the FTA list for the calendar year.

Limitations and exclusions

The permitted-platform list is a versioned annex and must be checked at the transaction date; no separate effective date is stated in the text.

Document text

An independent four-language editorial overview is published; the full instrument is not yet reproduced on-site.

This is an independent editorial overview, not the official text or a complete translation. Application requires checking the Arabic original, current version and transitional provisions.

An independent four-language editorial overview is published; the full instrument is not yet reproduced on-site.. This is an independent editorial overview, not the official text or a complete translation. Application requires checking the Arabic original, current version and transitional provisions.

Publication status

Source and translation status

The official Arabic text controls; the English version on the official portal is for reference. This page contains an independent SGC editorial overview.

Legal review

Number, date, scope, principal exclusions, effective status and official URL were checked; the overview is not advice on a specific matter. · September 13, 2026

Republication status

Only instrument metadata, an official deep link and an original editorial explanation are used. The FTA/MoF PDF, layout and compilation are not copied; full-text reproduction requires a separate source and rights review.

Change history

14 July 2026 — issued and published in the Official Gazette; no separate effective date is stated.
Reviewed 13 September 2026

Official primary source

Directive on Tax Transactions No. 3 of 2026

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