Issue:
Article 44 of Cabinet Decision No. 52 of 2017 on the Executive Regulations of the Federal Decree-Law No. 8 of 2017 on Value Added Tax (“Executive Regulations”) describes the definition of “bare land” for the purposes of the exemption from VAT set out in Federal Decree-Law No. 8 of 2017 on Value Added Tax (“VAT Law”). Article 37 of the Executive Regulations describes the definition of “residential building” for the purposes of the zero-rating (in respect of the first supply) and the exemption from VAT as set out in the VAT Law.
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