FTA-Decision-No-13-of-2026-VAT-Supplier-Verification
FTA Decision No. 13 of 2026: New VAT Supplier Verification Requirements in the UAE The UAE Federal Tax Authority (FTA) has issued Decision No. 13 of 2026, introducing new measures, procedures and conditions for taxable persons to verify the validity and integrity of supplies before deducting Input Tax. Issued on 22 July 2026, the Decision […]
Maintaining Accounting Records and Commercial Books
Federal Tax Authority Decision No. 4 of 2026 | Issued 2 June 2026 | Effective 30 July 2026 The Federal Tax Authority has issued Decision No. 4 of 2026, setting out precise rules for how businesses in the UAE must maintain accounting records and commercial books, whether retained as Electronic Copies or Photocopies. While recordkeeping […]
UAE Issues Ministerial Decision No. 133 of 2026 on Pillar Two Information Return
UAE Extends Small Business Relief Threshold to Tax Periods Ending on or Before 31 December 2029
The UAE Ministry of Finance has extended the availability of Small Business Relief under the Corporate Tax Law, giving eligible small businesses three additional years of simplified compliance. Ministerial Decision No. 131 of 2026, issued on 29 July 2026, amends Ministerial Decision No. 73 of 2023 and comes into effect the day after its publication. […]
UAE Pillar Two Top-Up Tax: FTA Sets Registration and Deregistration Timelines Under Decision No. 12 of 2026
The UAE’s move to implement the OECD’s Pillar Two framework has taken a significant procedural step forward. On 16 July 2026, the Federal Tax Authority (FTA) issued Decision No. 12 of 2026, laying out the specific timelines and mechanics for registering and deregistering entities for Domestic Minimum Top-Up Tax (DMTT) purposes under Cabinet Decision No. […]
TAX & COMPLIANCE INSIGHTS
UAE Corporate Tax: Downward Transfer Pricing Adjustments A practical guide to FTA Public Clarification CTP011 on how Taxable Persons should manage downward adjustments made in the Tax Return If your business deals with related parties — parent companies, subsidiaries, or other connected entities — the UAE Federal Tax Authority (FTA) has issued an important clarification […]
New Audit Rules for Free Zone Distributors: What FTA Decision No. 6 of 2026 Means for Your Business
On 2 June 2026, the UAE Federal Tax Authority (FTA) issued Decision No. 6 of 2026, introducing additional compliance procedures for Qualifying Free Zone Persons (QFZPs) engaged in the distribution of goods or materials in or from a Designated Zone. The Decision is effective for Tax Periods starting on or after 1 January 2026, meaning […]
Understanding Family Foundations in the UAE: What Expats and Residents Need to Know June 2026
The UAE has long been a preferred destination for high-net-worth individuals and families seeking to manage and grow their wealth in a stable, business-friendly environment. One of the most powerful yet often misunderstood tools available for wealth management in the UAE is the Family Foundation. With the introduction of Corporate Tax in the UAE […]
UAE Electronic Invoicing Guidelines
As the UAE accelerates its digital transformation, electronic invoicing has become a key requirement for businesses, government entities, and advisors seeking to stay compliant and future‑ready. This guide breaks down the UAE’s e‑invoicing rules and explains how they will reshape existing financial and operational processes. The benefits of the Electronic Invoicing System Business Benefits […]
UAE TAX PENALTY REFORM UPDATE
(EFFECTIVE FROM 14 APRIL 2026) The Administrative Penalties for Violation of Tax Laws inthe UAE VIOLATION OLD PENALITIES (49 & 108 of 2021) NEW PENALITIES (129 of 2025) LATE PAYMENT OF TAX 2% penalty on due date and 4% monthly penalty. 5% to 40% based on the year of error. 5% (within 1 year), […]