Recently, the UAE Federal Tax Authority has activated the Pillar Two registration functionality on the Emara Tax portal.
Entities that are members of MNE groups meeting the Pillar Two revenue threshold (i.e., consolidated group revenue exceeding EUR 750 million in at least two of the four preceding fiscal years) are required to register and obtain a Pillar Two Top-up Tax Registration Number. Separate registration is required for Joint Ventures, Joint Venture groups and for reverse hybrid entities.
Earlier, UAE had passed Cabinet Decision No (142) of 2024 implementing minimum tax of 15% for large multinational enterprise (MNE) groups as per the Pillar Two Rules published by OECD. Pillar Two obligations are applicable for all large MNE groups from the financial year starting on or after 1st January 2025.
