Tax
& Law+7 (495) 221 31 46
EN
RUEN中文العربية
Discuss a matter

Taxation · VAT · digital currency

VAT Conversion of Digital Currency into Dirhams

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

Material typeLegislation
Legal branchTaxation
Legal systemVAT · digital currency
Source languageThe official Arabic text controls; the English version on the official portal is for reference. This page contains an independent SGC editorial overview.
Review dateSeptember 13, 2026

01

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.

02

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.

05

Official primary source

Directive on Tax Transactions No. 3 of 2026

Verify official text ↗

Smart Global Capital translations and editorial renderings are unofficial. For interpretation, citation and application, consult the official primary source and current version.

WAWhatsAppTGTelegram