Dubai's over-the-counter crypto trading desks facilitate bilateral transactions for institutional clients, with transaction minimums typically starting around $100,000. Dubai's Virtual Assets Regulatory Authority had issued approximately 50 crypto licenses by June 2026. The UAE applies a 0% personal tax on crypto gains, while crypto-to-crypto transfers remain VAT-exempt.
The UAE Cabinet has issued Cabinet Decision No. 149 of 2026, introducing wide-ranging amendments to the Value Added Tax Executive Regulation. Most provisions take effect on October 1, 2026, revising rules across ten key areas including composite supplies, cash purchase deductions, and healthcare goods. A revised standard input tax apportionment mechanism will be deferred until after October 1, 2027.
The UAE Federal Tax Authority attended the BRICS Tax Experts and Tax Heads Meeting 2026 in New Delhi. The delegation was led by FTA Director General Abdulaziz Al Mulla to discuss cross-border tax cooperation. Talks focused on technology integration, human resources, and emerging global tax challenges across ten BRICS administrations.
Automotive brand FREELANDER, jointly developed by Jaguar Land Rover and Chery, unveiled its international roadmap designating the UAE as its debut market. The announcement took place at an event in Abu Dhabi with local dealership appointments for Dubai, Abu Dhabi, and the Northern Emirates. The cooperation highlights Sino-British-UAE automotive partnerships incorporating Chinese intelligent vehicle technologies.
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