Tag: UAE: Ministry of Finance introduces reverse charge mechanism to curb scrap VAT leakages

VAT liability shifts to buyers under reverse charge mechanism Change expected to improve transparency across scrap trade The UAE Ministry of Finance has issued Cabinet Decision No. 153 of 2025 on 19 December 2025, introducing a reverse charge VAT mechanism on the trading of all metal scrap — both ferrous and non-ferrous — between VAT-registered…