Yemen
Asia
How are Giftcards treated for tax purposes in Yemen (VAT, single-purpose / multi-purpose)?
Giftcards are subject to VAT, which is charged on redemption. A distinction between single-purpose and multi-purpose Giftcards is not provided by law.
What special rules apply in Yemen to the sale, issuance, or redemption of Giftcards?
Giftcard sales in Yemen are legally permitted but largely unregulated. Electronic Giftcards are rare and require approval from the Ministry of Industry and Trade.
What consumer rights apply in Yemen for expired Giftcards?
There are no specific statutory rules on expired Giftcards. Merchants must clearly state expiry dates. Missing information can be treated as deception.
Is there a legal rule in Yemen on the validity period of Giftcards?
In Yemen there is no specific legal rule on the validity period of Giftcards. Under the Civil Code, a general limitation period of three years applies. Merchants may freely set validity periods but must state them clearly.