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The UAE Ministry of Human Resources and Emiratisation is stepping up enforcement against fake Emiratisation using AI and digital monitoring systems. Private companies evading quotas face graduated penalties up to Dh500,000, with 377 violations already identified.
The UAE Federal Tax Authority announced Cabinet Decision No. 149 of 2026, introducing significant amendments to the Value-Added Tax Executive Regulations. The reforms revise default input tax apportionment methods, employee benefit tax recovery, cash transaction limits, and composite supply treatments. Most changes take effect on 1 October 2026, while the input tax apportionment rules apply from the tax year starting 1 October 2027.
Cabinet of the United Arab Emirates / Federal Tax Authority
UAE businesses are completing tax computations and documentation ahead of the September 30, 2026, corporate tax filing deadline for the tax year ending December 31, 2025. The deadline marks the second compliance cycle under Federal Decree-Law No. 47 of 2022. Tax experts warn against common filing errors, unsupported deductions, and penalties for late submission and payment.
The 18th BRICS Summit in New Delhi brought together 11 member nations, including China and the UAE, under the theme of resilience, innovation, cooperation, and sustainability. Eurasia Review reports that the bloc prioritised local-currency trade settlements and payment interoperability over creating a common currency. The New Development Bank, with 100 billion dollars in authorised capital, was highlighted as the central vehicle for infrastructure and local-currency financing.