UAE makes an attractive investment destination for foreign investors, largely due to its favorable geographical location, economic and political stability, progressive business regulations...

The United Arab Emirates (UAE) VAT Executive Regulations have been amended, with changes effective from 15 November 2024.

To facilitate a controlled and effective rollout, the Ministry will initiate a Pilot Programme commencing 1 July 2026. Selected participants will be formally notified of their inclusion in the Taxpayer Working Group and must provide written confirmation of their agreement to participate.

The Ministry of Finance of the United Arab Emirates ("UAE") has published Cabinet Decision No. 35 of 2025 (the "New Cabinet Decision"), replacing...

The UAE is taking FinTech seriously. Dubai and Abu Dhabi, and the DIFC and ADGM respectively, have implemented a wide range of initiatives and projects with the aim of growing FinTech...

The Bureau Expo 2020 Dubai (Bureau) shall be the governing body for the refund scheme. The Federal Tax Authority (FTA) of the United Arab Emirates, in line with the SEE Agreement...

It has been some time since the last initiative in the United Arab Emirates ("UAE") was rolled out to minimize the impact of non-compliance with tax legislation, particularly regarding administrative penalties.

The UAE Federal TaxAuthority (FTA) has recently issued Public Clarification CTP011¹, setting out its position on downward transfer pricing (TP) adjustments made by a Taxable Person in the Corporate Tax Return, along with the disclosure and documentation expected to support such adjustments.

The UAE has developed a sophisticated tax system that mirrors established financial centers while maintaining competitive advantages. This analysis examines how the Emirates' approach to corporate taxation, VAT, and business structures compares with traditional onshore jurisdictions, revealing both strategic alignments and key differentiators that position the UAE uniquely in the global tax landscape.

Dubai's tax framework has undergone significant changes in recent years, with VAT introduced in 2018 and corporate tax following in 2023.

The Ministry of Finance of the United Arab Emirates ("UAE") recently released a Frequently Asked Questions (the "FAQs") that provide clarifications...

With Value Added Tax now a part of business in Dubai, Aziz Rahman and Ben Ticehurst consider the precautions that those in business must take.

The most common form of a business vehicle used by foreign investors, is an onshore limited liability company (LLC). LLCs provide for limited liability of their shareholders and the ability to trade in the UAE.

Setting up a business in the United Arab Emirates (UAE) involves careful planning, here are some essential factors to keep in mind

Fee-based financial services will be taxed, but margin-based products are expected to be exempt.

The Economic Substance Regulations (ESR) are now in force in the UAE.

Federal Decree-Law No. 17 of 2025 introduces targeted but significant amendments to the UAE's tax administration framework as set out in Federal Decree-Law No. 28 of 2022.

Until recently the matter of tax residency in the United Arab Emirates (UAE) was driven by certain basic criteria, such as an individual's nationality, duration of physical presence...

A major problem faced today by trading corporations established in offshore jurisdictions is to satisfy the "economic substance" criterion.

After 100 days in effect, people and companies alike seem to be coming to terms with the payment of Value Added Tax (VAT). There