The FTA Has Just Told You How It Will Read Your Corporate Tax Return: Inside the New Private Clarifications Summary
UAE Corporate Tax Clarifications: What the FTA’s Private Rulings Summary Means for Your Return In July 2026 the Federal Tax Authority published a consolidated summary of the private Corporate Tax clarifications it had issued up to May 2026. It is the clearest public statement yet of how the Authority actually interprets the law it enforces. […]
Small Business Relief UAE Extended to 2029: What Businesses Under AED 3 Million Need to Know
Small Business Relief UAE On 7 August 2026 the Ministry of Finance issued Ministerial Decision No. 131 of 2026, extending the period in which eligible businesses can claim Small Business Relief. The relief had been due to close for tax periods ending after 31 December 2026. It will now stay available for tax periods ending […]
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 […]