Policy update

Policy & Legal Updates

UAE Central Bank Implements Stricter Licensing Framework for Insurance Companies

The Central Bank of the UAE has introduced the Insurance Company Licensing Regulation (Circular 4/2026), establishing stricter entry rules for domestic and foreign insurers. Regulators will assess applicants based on their commercial proposition, product demand, and domestic premium retention alongside technical compliance. Insurers based in financial free zones such as DIFC and ADGM will be treated as foreign insurance companies for onshore operations.

Policy & Legal Updates

UAE Federal Tax Authority Sets October 30 Deadline for E-Invoicing Provider Appointments

The UAE Federal Tax Authority requires businesses with annual revenues of Dh50 million or more to appoint an Accredited Service Provider by October 30, 2026. Failure to meet the deadline will result in an administrative penalty of Dh5,000 per month of delay. The mandate and associated penalty framework also apply to businesses registered in UAE free zones.

Policy & Legal Updates

UAE Federal Tax Authority Issues Decision on Input Tax Recovery for Employee Expenses

The UAE Federal Tax Authority published Decision No. 17 of 2026 setting conditions for recovering input tax on employee expenses. Entities may recover VAT on goods or services provided to employees under contractual obligations or documented policies. The guidance requires formal documentation and approval mechanisms ahead of VAT Executive Regulation amendments taking effect October 1, 2026.

Policy & Legal Updates

UAE GCAA Cuts Domestic Heliport Registration Time to Two Working Days

The UAE General Civil Aviation Authority (GCAA) has introduced a new regulatory framework that cuts the processing time for domestic heliports from up to 135 days to two working days. The reform replaces full certification with a simplified registration system for domestic operations. International heliports and facilities requiring certification will continue under the existing certification regime.