The Emirates ID is the UAE’s mandatory identity card for citizens and residents. It confirms identity, contains residency details, and is required for banking, telecom, healthcare, education, and travel. Issued by the Federal Authority for Identity, Citizenship,...
Open Banking Phase 2 APIs in the UAE provide fintech developers with secure, regulated access to account data and payment initiation. The Central Bank of the UAE has launched this framework to standardise integration, enforce strong security, and create opportunities...
The UAE’s corporate tax law introduced the concept of a Qualifying Free Zone Person (QFZP) to preserve Free Zone incentives while aligning with international tax standards. For investors and entrepreneurs, understanding QFZP status is essential, as it determines...
Executive Summary of Global Minimum Tax (Pillar Two) From financial years that start on or after 1 January 2025, the UAE will apply a Domestic Minimum Top-up Tax aligned to OECD Pillar Two. In-scope groups face a minimum 15% effective tax rate in the UAE, calculated...
A tax credit note is more than a simple accounting adjustment in the UAE. Under the country’s VAT system, it is the formal mechanism for reducing or reversing a taxable supply after a tax invoice has been issued. Whether due to returns, post-sale discounts, or a...
Value Added Tax (VAT) on commercial property in the UAE is charged at 5% on most sales and leases. When applied correctly, it is usually recoverable for VAT‑registered businesses. When applied incorrectly, it can lead to delayed property transfers, unexpected cash...
The UAE’s reputation as a global hub for gold buyers, bullion investors, and jewellery traders has only grown in recent years. But with VAT, customs rules, and international regulations now playing a greater role, understanding how gold is taxed in the UAE is...
Corporate tax registration is now a legal requirement for almost every business, as well as many individuals operating in the United Arab Emirates. Whether you run a Dubai mainland LLC, a Ras Al Khaimah offshore company, or work as a freelancer with a trade licence,...
When it comes to Value Added Tax (VAT) in the UAE, filing your return is only half the job. The other half, paying what’s due, can trip up businesses if they’re unclear on the process, timing, or method. Whether you operate on the mainland or in a free zone, VAT...
Double taxation is a significant concern for individuals and businesses with international income. When two countries both claim the right to tax the same income, it can create unnecessary financial pressure and complexity. Fortunately, the UAE has built one of the...
The UAE’s real estate market remains one of the most attractive in the world. Its appeal is not just about luxury developments or rapid growth, but the country’s famously low tax environment. While there is no recurring property tax in the traditional sense, there are...
The UAE is undergoing a major digital transformation in its tax ecosystem with the introduction of mandatory e-invoicing by 2026. Driven by the Ministry of Finance and the Federal Tax Authority (FTA), this shift will fundamentally change how businesses issue,...