Under Federal Tax Authority Decision No. 17 of 2026, UAE businesses can recover input VAT on six categories of employee expenses following rules that took effect on October 1. Eligible expenses include transport, accommodation, mobile services, and parking, subject to documented policies or contractual obligations. Taxable entities must retain compliance documentation for tax audits.
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.
Foreign buyers in Dubai can obtain a 10-year Golden Visa by investing at least AED 2 million in one or more properties, including off-plan units from approved developers. According to TNT Magazine, mortgaged properties qualify if a bank confirms AED 2 million has been paid, with published processing fees around AED 9,885. Holders can sponsor family and remain outside the UAE for more than six months without losing residency.
The UAE Federal Tax Authority has warned businesses to prepare for the nationwide mandatory e-invoicing framework. Companies with annual revenues of AED 50 million or more must appoint an Accredited Service Provider by October 30, 2026. Entities earning under AED 50 million face a deadline of March 31, 2027, with penalties anticipated for non-compliance.
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