Economic Backdrop: GCC Value added tax (VAT), a popular topic of discussion across the globe where companies and investors are 'eyeing' the region with great anticipation...

The General Authority of Zakat and Tax in KSA has published English version of the Islamic Finance VAT guide, which was previously only published in Arabic.

The UAE Corporate Tax law would be effective from 1 June 2023. Corporate Tax shall be imposed on a taxable person at the rate of 9%, subject to certain conditions.

The UAE Federal Tax Authority (FTA) has issued Decision No. 6 of 2025 regarding ‘Standards, Controls and Procedures for Dealing with Shortage Within the Designated Zone due to the Natural Characteristics...

Article 16 of the Federal Decree-Law No. 47 of 2022 on the taxation of corporations and businesses (UAE Corporate Tax Law) prescribes that an unincorporated partnership...

In the framework of the constant efforts deployed by the United Arab Emirate (UAE) towards tax transparency and international tax cooperation, the Ministry of Finance...

On February 5, 2024, the Federal Tax Authority ("FTA") issued VAT Public Clarification on SWIFT messages VATP036 ("clarification"), outlining the documentary requirements...

In 2017, European Union council announced a list of non-cooperative jurisdictions for tax purposes.

On 31 January 2022, the UAE's finance ministry announced federal corporate income tax (CIT) will be introduced in a major shift for the Middle Eastern state.

The FTA has updated the format of the UAE Corporate Tax return, which now has a specific portion on Transfer Pricing (TP) related disclosure.

On 28 June 2018 the vast majority of VAT registrants will have to submit their first VAT Return to the Federal Tax Authority.

The UAE has introduced targeted amendments to its VAT framework through Federal Decree-Law No. 16 of 2025, effective 1 January 2026, reinforcing the country’s ongoing efforts to strengthen tax compliance, improve clarity across sectors, and align the VAT regime with evolving business practices.

A new year brings New Year's Resolutions. With corporate tax laws and guides still being drafted and published as we speak, making smart tax moves now brings benefits in uncertain times.

As part of an on-going programme to re-balance the economy away from oil revenues and enhance the UAE's business environment, a new 5% VAT regime came into effect on January 1, 2018.

The UAE strategic location with access to international markets and a strong legal framework that supports business operations and wealth management enhance its appeal as a premier destination...

Some GCC states have announced their intention to implement VAT as early as 1 January 2018.

The Gulf Cooperation Council (GCC) region continues to witness significant tax reforms as governments focus on strengthening their fiscal frameworks...

Over the past three years, the UK has reshaped its tax landscape. While headline rates may look familiar, the changes introduced through the Finance Acts of 2023–2025 have quietly...

The introduction of the Small Business Relief under Article 21 of the UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022) aims to support small businesses by exempting them from corporate tax obligations...

Beginning of July, the United Arab Emirates ("UAE") Federal Tax Authority ("FTA") issued a Corporate Tax Public Clarification regarding the Waiver of Administrative Penalty...