DIFC Will vs Abu Dhabi Will: Which One Do UAE Expats Need?
For non-Muslim expats in the UAE, the simplest will and the most comprehensive one have different purposes. Here is how to tell which one fits your situation. If you are a non-Muslim living in the UAE and you have not registered a will, the law decides who inherits your assets and who raises your children. […]
New UAE VAT Rules: What the FTA’s 5 Directives Mean for Your Next Return
In the space of three weeks this July, the Federal Tax Authority issued five Directives on Tax Transactions – Nos. 1 to 5 of 2026 – that change how UAE businesses value, classify and report a range of everyday transactions. None alters the 5% rate or the return form itself, but each narrows the space […]
UAE E-Invoicing – Appoint Your Accredited Service Provider by 30 October 2026
Ninety-Five Days to Appoint a Gatekeeper: What the 30 October E-Invoicing Deadline Means for Every Large UAE Business If your business has annual revenue of AED 50 million or more, you have until 30 October 2026 – ninety-five days from today – to appoint an Accredited Service Provider and begin your transition to the UAE’s […]
UAE Transfer Pricing Downward Adjustments: What CTP011 Changes for Corporate Tax
The FTA No Longer Asks You to Seek Permission Before Reducing Your Taxable Income – It Will Ask You to Prove It Afterwards On 15 July 2026 the Federal Tax Authority issued Public Clarification CTP011, confirming that a taxable person does not need the FTA’s prior approval to make a downward transfer pricing adjustment in […]
UAE Corporate Tax Penalty Waiver: File by 31 July 2026 to Avoid the AED 10,000 Fine
Sixteen Days to Erase an AED 10,000 Penalty: The FTA’s Corporate Tax Waiver Window Closes on 31 July If your company’s first corporate tax period ended on 31 December 2025, you have until 31 July 2026 – sixteen days from today – to file your first corporate tax return and have the AED 10,000 late-registration […]
Understanding Common Reporting Standard (CRS): Why Your UAE Bank Needs Your Tax Residency Details
Why Your Bank Keeps Asking About Your Tax Residency If you have opened or updated a bank account in the UAE recently, you were almost certainly asked to complete a form declaring where you are tax resident. That form is not routine paperwork. It is the visible edge of a global system called the Common […]
UAE ILOE Insurance: What Employers and Employees Need to Know
The UAE’s labour market continues to grow, and with that growth comes more stable framework of employee protections. One of the most significant, yet frequently overlooked, is the Involuntary Loss of Employment (ILOE) insurance scheme, mandatory for all private sector and federal government employees in the UAE since January 2023. For business owners, HR teams, […]
How to obtain Financial Advisory License in UAE?
The UAE has spent the last decade building one of the world’s most sophisticated financial services ecosystems, and the numbers speak for themselves. Assets under management in the country are on track to reach USD 209 billion by the end of 2025, while Abu Dhabi’s financial centre alone is projected to surpass AED 500 billion […]
Important Update: FTA Invoice Format Compliance
We would like to bring to your attention that the Federal Tax Authority (FTA) has recently been conducting inspections and issuing fines for non-compliance with the prescribed tax invoice format. Please note that a penalty of AED 2,500 may be imposed for issuing incorrect or incomplete tax invoices. In this regard, we have summarised the […]
UAE E-Invoicing 2026: Complete Guide to Guidelines, Mandatory Fields & Choosing an Accredited Service Provider
The United Arab Emirates is entering a key phase of its tax digitalisation journey. On 23 February 2026, the UAE Ministry of Finance (MOF) released three long-awaited implementation documents that bring the country’s e-invoicing framework from legislation into live execution. For businesses operating in the UAE, regardless of VAT registration status, these documents define the […]