OECD

Policy & Legal Updates

Asia Transfer Pricing Brief Highlights Q2 2026 Updates in UAE, Singapore, and Vietnam

China Briefing reported key transfer pricing updates across Asia and the Middle East for the second quarter of 2026. In the UAE, Ministerial Decision No. 96 of 2026 adopted the latest OECD Pillar Two guidance, while Singapore clarified rules for share-based compensation and Vietnam issued Decree No. 255/2026/ND-CP. Foreign-invested enterprises are advised to review existing intercompany pricing policies against the revised frameworks.

Policy & Legal Updates

UAE Issues Tax Rules for Multinationals Under Global Minimum Tax Regime

The UAE Federal Tax Authority has issued a guide on its Qualified Domestic Minimum Top-up Tax regime under the OECD/G20 Pillar Two framework. The rules mandate a minimum corporate tax rate of 15% for multinational enterprise groups with annual global revenues of at least €750 million. In-scope entities with fiscal periods ending prior to April 30, 2026, must register via EmaraTax by November 30, 2026.

Policy & Legal Updates

UAE Clarifies VAT Recovery Rules for Employee Expenses Under Decision No. 17

The UAE Federal Tax Authority issued Decision No. 17 of 2026 setting conditions for businesses to recover input VAT on employee expenses from 1 October 2026. Separately, the authority released guidance on the Qualified Domestic Minimum Top-up Tax for qualifying multinational groups.

Policy & Legal Updates

UAE Federal Tax Authority Issues Guide on Scope and Registration for Top-Up Tax

The UAE Federal Tax Authority has issued a new guide regarding scope and registration for the Top-up Tax on multinational enterprises. The document supports multinational enterprise groups in understanding obligations under the Qualified Domestic Minimum Top-up Tax regime and OECD/G20 Pillar Two framework. It details in-scope criteria, registration timelines, and reporting requirements ensuring an effective tax rate of at least 15%.