Top-Up Tax on Multinationals: UAE Adopts OECD Guidance through Ministerial Decision 88 of 2025
Ministerial Decision No. 88 of 2025, issued by the UAE Ministry of Finance, formally adopts the Commentary and Agreed Administrative Guidance under Cabinet Decision No. 142 of 2024 on the imposition of Top‑Up Tax on multinational enterprises. The Decision aligns the UAE’s domestic framework with the OECD/G20 Inclusive Framework on BEPS, specifically the Global
Decision No. 35 of 2025: Establishing Taxable Nexus for Non-Residents
By promulgating Cabinet Decision No. 35 of 2025 on 27 March 2025, the UAE Cabinet has expressly delineated the circumstances under which a non‑resident juridical person may be regarded as possessing a taxable nexus within the United Arab Emirates, in accordance with Federal Decree‑Law No. 47 of 2022 on Corporate Taxation. Superseding Cabinet Decision No. 56 of 2023
Cabinet Decision No. 34 of 2025 on QIFs, QLPs, and REITs : Exemption Criteria and Compliance Requirements
On 27 March 2025, the UAE Cabinet issued Decision No. 34 of 2025, updating and replacing the earlier Decision No. 81 of 2023 under Federal Decree‑Law No. 47 of 2022 on Corporate Tax. This latest directive clarifies which collective investment vehicles—namely Qualifying Investment Funds, Qualifying Limited Partnerships and Real Estate Investment Trusts—may claim tax exemption, and sets out
UAE Corporate Tax Update: Depreciation Rules for Investment Properties Explained
The UAE Ministry of Finance, through Ministerial Decision No. 173 of 2025, has introduced rules for applying depreciation on investment properties held at fair value under the Corporate Tax Law. This move provides clarity on how businesses can adjust their taxable income when electing to recognise gains and losses on
Waiver of AED 10,000 Penalty for Late Corporate Tax Registration in the UAE
With the implementation of the UAE Corporate Tax Law through Federal Decree-Law No. 47 of 2022, businesses across the Emirates are now mandated to register for corporate tax. To support businesses during this transition, the Federal Tax Authority (FTA) has introduced a vital initiative—a waiver and potential refund of the
Understanding the New FTA Decision on Natural Shortage of Excise Goods in Designated Zones
On 17th June 2025, the Federal Tax Authority (FTA) of the United Arab Emirates issued Decision No. 6 of 2025, laying down comprehensive standards, controls, and procedures to manage shortages in excise goods within designated zones, particularly when such shortages are due to natural characteristics of the goods. This decision
