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 the Taxation of Corporations and…
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 taxpayers to agree in advance…
Introduction The Federal Tax Authority (FTA) issued Decision No. 8 of 2025 on 18 September 2025, establishing clear timelines for tax compliance requirements applicable to Qualifying Investment Funds, Real Estate Investment Trusts and their Investors, effective for tax periods commencing on or after 1 January 2025. Registration of Investors in Qualifying Investment Funds or REITs…
The UAE Ministry of Finance continues to strengthen the clarity and integrity of its Corporate Tax regime with the release of Ministerial Decisions No. 229 and 230 of 2025, both effective from 1 June 2023. These decisions are instrumental in guiding Free Zone businesses on what qualifies for the 0% Corporate Tax rate and what activities fall outside its scope. Together,…
The UAE continues to strengthen its Corporate Tax framework through the issuance of ministerial decisions that clarify compliance obligations and promote transparency. In 2025, the Ministry of Finance (MoF) released several important directives under the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (“Corporate Tax Law”), providing additional guidance for taxable persons. This article summarises and analyses two such…
The introduction of Corporate Tax in the UAE, regulated by Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, has created the need for transitional provisions. To ensure fair tax treatment of assets and liabilities existing before the implementation of Corporate Tax, Transitional Rules under Ministerial Decision No.120 of 2023 provide…
The Federal Tax Authority (FTA) has issued a Public Clarification (CTP008) to provide clarity on the corporate tax implications of family wealth management structures in the UAE. These structures, which include Family Foundations, holding companies, Special Purpose Vehicles (SPVs), Single Family Offices (SFOs), Multi-Family Offices (MFOs), and family members, are commonly used for managing and…
The Federal Tax Authority (FTA) has issued detailed guidance on the preparation of Aggregated Financial Statements and the related audit requirements for Tax Groups under the UAE Corporate Tax Law. These clarifications are vital for businesses forming tax groups to ensure compliance with the law and its implementing regulations. Background The Federal Decree-Law No. 47…
Evolution of Guidance: Key Updates in the July 2025 Private Clarifications Guide Below, we delineate the core updates, contrasting them with the November 2024 version to highlight their impact. i. The Taxpayer’s Prerogative: A Reinforced Obligation for Vigilance A significant addition to the “Nature of Clarifications” section unequivocally places the onus on the applicant: “The…
Top-Up Tax on Multinationals: UAE Aligns with OECD Under MD 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…
