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Policy & Legal Updates
Source: Emirates News Agency (WAM)

China to Reduce VAT Export Rebate on New Energy Vehicles to Nine Percent

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.

Policy & Legal Updates
Source: Gulf News

Abu Dhabi Launches Drive to Accelerate Business Setup and Commercial Licensing

The Abu Dhabi Department of Economic Development has introduced a strategic initiative to shorten the timeframe between investment decisions and active operations. Government reforms focus on removing redundant regulatory steps and integrating digital approvals via the TAMM Investor Journey platform. Official data indicates non-oil sectors contributed 54.7 percent of the emirate's GDP, with new commercial licenses rising 21 percent in Q1 2026.

Policy & Legal Updates
Source: Arabian Business

UAE Businesses Face October 15 Excise Tax Return Filing Deadline

UAE businesses must submit excise tax returns and settle liabilities with the Federal Tax Authority by October 15, 2026. The requirement applies to entities importing, producing, or stockpiling designated excise goods via the EmaraTax digital portal. The warning comes as the FTA issues guidelines for multinationals regarding the 15 percent Qualified Domestic Minimum Top-up Tax regime.

Policy & Legal Updates
Source: Saudi Gazette

Saudi Arabia Imposes Anti-Dumping Duties on Chinese Aluminum Can Lids

Saudi Arabia has imposed definitive anti-dumping duties between 15.8 percent and 38.7 percent on Chinese aluminum beverage can lids. The five-year measure took effect on October 13, 2026, covering closures with diameters from 50 to 63 millimeters. The Zakat, Tax and Customs Authority has been tasked with collecting the duties.

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