Policy update

Policy & Legal Updates

UAE Revises Electronic Invoicing Rules via Ministerial Decision No. 197 of 2026

The UAE Ministry of Finance issued Ministerial Decision No. 197 of 2026, introducing targeted amendments to the national electronic invoicing regime. The updates grant a temporary 24-month exclusion for intra-VAT Tax Group transactions starting 1 January 2027 and eliminate the mandate for domestic physical data storage. Additionally, the standard invoice issuance timeframe has been extended to 14 business days, and the two-day system failure reporting rule was repealed.

Policy & Legal Updates

UAE Cuts Radioactive Transport Vehicle Licensing Time to 15 Minutes

The UAE has reduced licensing and renewal processing times for radioactive material transport vehicles from five working days to 15 minutes. The Federal Authority for Nuclear Regulation integrated its inspection data directly with federal vehicle licensing systems. Automated data transfers replace manual checks while retaining mandatory regulatory inspections.

Policy & Legal Updates

UAE Extends Corporate Tax Small Business Relief Through December 2029

The UAE Ministry of Finance has extended Corporate Tax Small Business Relief to tax periods ending on or before December 31, 2029. Under Ministerial Decision No. 131 of 2026, resident entities with annual revenue up to AED 3 million can continue electing 0% taxable income status with simplified compliance. Qualifying Free Zone Persons and large multinational groups remain excluded from the scheme.

Policy & Legal Updates

UAE Eases Electronic Invoicing Rules and Adjusts Tax Compliance Requirements

The UAE Ministry of Finance issued Ministerial Decision No. 197 of 2026, granting temporary exemptions for intra-tax group transactions and lifting in-country data storage requirements. Businesses with revenue of AED 50 million or more must still appoint an accredited provider by 30 October 2026.