UAE R&D Tax Credit Framework: Ministerial Decision No. 24 of 2026
The UAE has taken a significant step toward fostering innovation and economic diversification with the introduction of Ministerial Decision No. 24 of 2026, which operationalizes the R&D Tax Credit regime under the Corporate Tax framework. This decision provides detailed guidance on eligibility, calculation and compliance measures for Research & Development
UAE Cabinet Decision No. 1 of 2026: Corporate Tax Exemption for Sports Entities
The United Arab Emirates has strengthened its position as a global hub for sports development and international sports organizations. In line with this vision, the UAE Cabinet issued Cabinet Decision No. 1 of 2026, granting corporate tax exemptions to certain sports-related entities under the Corporate Tax framework. This decision operates under Federal Decree-Law No. 47 of 2022 on
Why Cloud Accounting preferred- The Future of Accounting?
Is your company still using spreadsheets or desktop software for accounting? Well, it may be time that you consider upgrading to a cloud-based accounting system; Gone are the days of computerized accounting, the upgraded version of traditional accounting. Today cloud accounting has massively contributed to the way accounting operates in
Profit Margin Scheme under UAE VAT
Value Added Tax (VAT) is generally charged on the full value of goods and services. However, for businesses dealing in second-hand goods, antiques, and collector’s items and article 53 goods, charging VAT on the entire selling price can lead to tax cascading –where VAT is effectively charged multiple times on the same item. To address this,
Advance Pricing Agreements under UAE Corporate Tax
Advance Pricing Agreements under UAE Corporate Tax With the introduction of Corporate Tax in the UAE, transfer pricing compliance has become a critical area for businesses dealing with related parties. To provide certainty and reduce disputes, the UAE has introduced the Advance Pricing Agreement (APA) programme, a structured mechanism that allows
Mechanism for Calculating Sugar and Sweeteners in Concentrated Products
With the increasing regulation of sweetened drinks under the UAE Excise Tax regime, the Federal Tax Authority (FTA) has issued Decision No. 10 of 2025, introducing a standardised mechanism for calculating the percentage of sugar and other sweeteners in certain concentrated products. This Decision becomes particularly relevant where existing guidelines are unavailable or have been proven
