Skip to content

Connecting business. Building understanding. Advancing peace.

Daily BriefVerify a certificateDue Diligence
Become a Member

Federal Tax Authority

Policy & Legal Updates
Source: The Sunday Guardian

Dubai Accelerates Shift From Tax Haven to Global Wealth Management Hub

Dubai is transitioning beyond traditional low-tax company formations toward structured wealth management and family offices, according to a report published by The Sunday Guardian. Data shows the Dubai International Financial Centre recorded a 54 percent rise in funds and a 73 percent surge in family offices in 2025. Entrepreneurs are increasingly leveraging DIFC and ADGM holding structures to manage global assets and navigate international compliance.

Policy & Legal Updates
Source: Oman News Agency

UAE Updates E-Invoicing Penalties Under Cabinet Decision No. 173 of 2026

The UAE Ministry of Finance has issued Cabinet Decision No. 173 of 2026, repealing Cabinet Decision No. 106 of 2025 and revising the administrative penalty structure for the Electronic Invoicing System. The updated regulations cap penalties for failing to implement the system at AED 50,000 within any 12 consecutive months. Implementation deadlines remain unchanged, with larger businesses required to implement by January 1, 2027.

Policy & Legal Updates
Source: UA.NEWS

UAE Ministry of Finance Caps E-Invoicing Non-Compliance Fines at Dh50,000

The UAE Ministry of Finance has introduced updated rules capping administrative penalties for electronic invoicing violations at Dh50,000 over 12 consecutive months. The amendment also eliminates penalties previously imposed on businesses for failing to report system failures. The revised framework aims to reduce compliance burdens ahead of the mandatory nationwide rollout scheduled for October 1, 2027.

Policy & Legal Updates
Source: DLA Piper

UAE Issues VAT Fixed Establishment Guidance and Pillar Two Registration Deadlines

DLA Piper reported on new Federal Tax Authority guidance regarding VAT fixed establishment risks for non-resident companies with personnel at client premises. The briefing also highlighted a November 30, 2026 registration deadline for the Pillar Two Qualified Domestic Minimum Top-up Tax for qualifying multinational entities. Pillar Two rules require applicable multinational groups to satisfy a 15% minimum effective tax rate.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy