Understand the policies, laws and regulations shaping business across China and the UAE.
Business registration · Investment · Taxation · Customs · Trade · Financial regulation · Employment · Visas · Free-zone policies. Every update identifies the issuing authority, jurisdiction, publication date, effective date and official source.
Ras Al Khaimah Economic Zone and RAKBANK have launched a 60-minute business bank account opening service for RAKEZ-licensed companies. The offer includes a zero minimum balance requirement and discounted monthly maintenance fees of AED 49 for the first 12 months. Eligible clients also receive fee waivers on domestic and international transfers through October 31, 2026.
The U.S. Treasury Department has expanded Iran sanctions to encompass the automotive and railway sectors. The measures designate 30 individuals and entities, including trading firms based in China, the UAE, and Indonesia. Sanctioned targets face asset freezes within the United States and financial transaction bans.
Abu Dhabi Global Market confirmed a 54 percent growth in assets managed by free zone firms over the past 12 months. Entity investments in artificial intelligence surpassed $100 billion, driven primarily by tech investment firm MGX. Abu Dhabi also rose to 13th globally in the Global Financial Centers Index published by Z/Yen and China's CDI.
The UAE Federal Tax Authority's Decision No. 17 of 2026 entered into force on October 1, 2026, setting strict statutory conditions for recovering input VAT on employee expenses. The decision replaces the former 'normal business practice' benchmark across categories including accommodation, transport, meals, and medical coverage. Taxable entities must maintain clear contracts and policies, as partial compliance results in total deduction denial.
Federal Tax Authority
United Arab Emirates
Effective October 1, 2026
Final rule
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