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.
UAE Federal Tax Authority Director General Abdulaziz Mohammed Al Mulla addressed the Belt and Road Initiative Tax Administration Cooperation Forum in Jakarta. The UAE delegation presented its adoption of artificial intelligence and smart tax systems to facilitate cross-border trade and investment. Topics covered also included digital economy taxation and cryptoassets under Islamic Shariah frameworks.
The UAE Ministry of Human Resources and Emiratisation onboarded seven new financial institutions to broaden Wages Protection System channels. The platform transitioned entirely to digital verification, removing physical documentation requirements for salary file registration.
Linklaters advised Bank of China on the issuance of RMB 2 billion fixed-rate Yulan notes by its Dubai branch, due in 2028. The senior unsecured notes are dual-listed on Nasdaq Dubai and the Hong Kong Stock Exchange, marking the first Yulan notes listed on Nasdaq Dubai. The transaction connects offshore Renminbi liquidity with Gulf debt capital markets.
The UAE federal government has introduced amendments to its heavy vehicle regulations, establishing a maximum truck weight limit of 65 tonnes across the country's roads. The rule enters into force on 1 October, with a four-month grace period granted to operators before financial penalties begin on 1 February 2024. Compliance will be tracked nationwide through 24 newly installed smart electronic monitoring gates.
Ministry of Energy and Infrastructure
United Arab Emirates
Effective October 1, 2023
Amendment
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