Global Economic Uncertainty: How UAE Businesses Can Stay Resilient
With global trade turbulence, rising US tariffs, geopolitical tensions, and softening demand creating significant headwinds for economies worldwide, many markets are facing heightened uncertainty and preparing for the potential impact on growth and business activity. Across industries, companies are navigating a more challenging environment as global trade conditions continue to evolve. Yet, even in periods […]
UAE Tax Rule Changes: New Amendments to Take Effect in 2026
The UAE Ministry of Finance has introduced major tax rule changes taking effect from January 1, 2026, under Federal Decree-Law No. 17 of 2025. These amendments mark a significant shift in the UAE’s tax framework, designed to boost transparency, strengthen compliance, and align with global tax standards. 1. Clear Five-Year Deadline for Tax Refunds One […]
Change in Regulating Beneficial Owner Procedures
Cabinet Resolution No. (58) of 2020 regulating Beneficial Owner Procedures (the “Resolution”) came into effect on 28 August 2020 and replaced Cabinet Resolution No. 34 of 2020 issued earlier this year. The Resolution introduces new requirements for entities to disclose its beneficial owners. The main purpose is to enhance transparency of entities registered in the […]
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 […]
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 […]
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 […]