Federal Decree-Law No. 100 of 2024 introduces targeted amendments to UAE VAT legislation, specifically clarifying the definition of a 'Supply of Goods'. The Decree-Law modifies the criteria for recognising a supply, inserting provisions for contracts that transfer ownership at a later date. It also refines the scope of what is deemed a supply, particularly concerning the disposition of real properties. The changes, effective from 15 November 2024, impact the VAT treatment of transactions involving the transfer of ownership of goods, including water, real estate, and various forms of energy, thereby enhancing legal clarity.