Understanding Place of Supply Under UAE VAT (Goods & Services)
When it comes to UAE VAT compliance, determining the Place of Supply is one of the most critical—and often misunderstood—rules. The place of supply determines which VAT rate applies, and who is responsible for charging and reporting VAT. For businesses involved in local trading, cross‑border transactions, imports, exports, or services delivered across jurisdictions, getting the […]
Advance Pricing Agreements under UAE Corporate Tax
Understanding Advance Pricing Agreements under UAE corporate tax is essential for businesses operating in the UAE with related-party transactions. As the UAE Corporate Tax law matures, the Federal Tax Authority (FTA) has introduced APAs to bring transparency and certainty to transfer pricing—a critical area for multinational enterprises, free zone businesses, and companies with complex intercompany […]
Complete Guide to Ministerial Decision No. 229 of 2025 Qualifying & Excluded Activities Under UAE Corporate Tax
Understanding Qualifying & Excluded Activities Under UAE Corporate Tax is essential for Free Zone companies, tax professionals, and investors operating in the UAE. Ministerial Decision No. 229 of 2025 (“MD 229”) represents a major clarification by the UAE Ministry of Finance, reshaping how businesses determine eligibility for 0% corporate tax under the Qualifying Free Zone […]
Explaining Cabinet Decision No. 153 of 2025: Reverse Charge Mechanism for Metal Scrap Trading in the UAE
Introduction The UAE Ministry of Finance has issued Cabinet Decision No. 153 of 2025, introducing a significant change to the VAT treatment of metal scrap transactions within the UAE. The Decision mandates the application of the Reverse Charge Mechanism (RCM) on certain local supplies of metal scrap between VAT-registered businesses. This regulatory update is aimed […]
New VAT Rules from January 2026: UAE Announces Simplified Tax Procedures
The United Arab Emirates (UAE) has officially announced comprehensive changes to its Value Added Tax (VAT) law and related tax procedures, introducing a set of new VAT rules from January 2026 that aim to simplify compliance, strengthen transparency, and align the system with international standards. The Ministry of Finance issued Federal Decree-Law No. (16) of […]
E-Invoicing in the United Arab Emirates (UAE): Rules, Implementation Timeline, and Exemptions for 2026
The UAE is set to revolutionise its tax landscape with the introduction of a mandatory e-invoicing system, aiming to enhance transparency, reduce VAT fraud, and streamline business operations. What is e-invoicing in the UAE? It refers to the digital generation, exchange, and storage of invoices in a structured electronic format, ensuring compliance and accuracy in […]
New business set up in Dubai: Your expert guide to company formation
Fig. 1: New Business Set Up in Dubai: Your Expert Guide to Company Formation Blog The United Arab Emirates (UAE) is a well-known coveted destination for business set-up and long-term investment around the globe. According to IMF rankings, UAE has been leading in economic development within the Arabic Gulf since 2017. Undoubtedly, this has also made it […]
Reasons Why Your Company Needs to Hire Accounting and Transaction Advisory Services in Dubai
Fig. 1: Reasons Why Your Company Needs to Hire Accounting and Transaction Advisory Services in Dubai Blog If you’re in business, you must not overlook the importance of accounting and bookkeeping. You should constantly keep your business accounts clear and straight, regardless of the type of business you have. The majority of business owners chose […]
What is a tax residency certificate & how to obtain a tax residency in the UAE?
What is a tax residency certificate & how to obtain a tax residency in the UAE? Fig. 1: What Is a Tax Residency Certificate and How to Obtain a Tax Residency in The UAE Blog The United Arab Emirates or the UAE has quickly become a leading country when it comes to a lavish lifestyle, […]
ESR Notification and Reporting date extended
ESR notification date extended to 31 January 2021. To support businesses that may have been impacted by COVID-19 and temporary inaccessibility of the MoF Economic Substance Filing Portal, the Ministry of Finance has extended the deadline for businesses to submit their ESR Notification and Economic Substance Report to 31 January 2021. The revised filing deadlines […]