The UAE Ministry of Finance has eliminated the preliminary approval phase for e-invoicing providers under Ministerial Decision No. 168 of 2026. Enterprises generating over AED 50 million annually must select an accredited provider by October 30, 2026, ahead of mandatory rollout on January 1, 2027.
The Abu Dhabi Department of Economic Development has announced new measures to speed up the process from investment decisions to active business operations. According to ADDED Chairman Ahmed Jasim Al Zaabi, the initiative focuses on reducing duplicate requirements and coordinating cross-entity licensing. Non-oil sectors contributed 54.7 percent of the emirate's GDP, with commercial setup requirements already cut by 71 percent via the TAMM platform.
His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decision No. (24) of 2026 forming the Board of Directors of the Economic Security Centre of Dubai. Talal Humaid Belhoul was appointed Chairman, with Awad Hader Al Muhairi serving as Vice Chairman. The decree came into legal effect immediately upon its issuance.
China's Ministry of Finance and the State Taxation Administration announced plans to cut the value-added tax export rebate for new energy vehicles from 13 percent to 9 percent, taking effect April 1, 2027. In addition, export rebates on battery products will be fully eliminated starting January 1, 2027. Existing consumption tax refund and exemption mechanisms will remain unaffected.
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