UAE: Federal Tax Authority clarifies corporate tax rules for family wealth structures
The clarification explains how corporate tax applies to entities commonly found in family wealth management setups, such as Family Foundations, holding companies, Special Purpose Vehicles (SPVs), SFOs, and MFOs, as well as the family members
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UAE: MoF signs CARF agreement to share crypto tax data, opens public consultation
The consultation ends on 8 November 2025. The UAE’s Ministry of Finance ( MOF) has signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF), following its
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Egypt ratifies second protocol to UAE tax treaty
Egypt ratified a second protocol to its UAE tax treaty. Egypt has ratified a second protocol amending its 2019 agreement with the UAE on the avoidance of double taxation and the prevention of tax evasion concerning income taxes. The protocol
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UAE: CBUAE lowers the base rate by 25 basis points
This announcement was made by CBUAE on Thursday, 18 September 2025. The adjustment took effect on the same day. The Central Bank of the UAE (CBUAE) has lowered the Base Rate for the Overnight Deposit Facility (ODF) by 25 basis points, reducing it
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UAE: FTA urges timely filing, payment of corporate tax to avoid penalties
The FTA explained that late submission of a Tax Return or a delay in settling the Corporate Tax Payable will result in an administrative penalty of AED 500 for each month, or part thereof, during the first 12 months, increasing to AED 1,000 for
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Greece enacts tax treaty with UAE
Greece ratified the tax treaty with UAE retroactively, ensuring the continued application of their 2010 agreement. Greece enacted Law 5228/2025 on 8 September 2025, ratifying the exchange of verbal notes with the UAE, ensuring the 2010
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Greece: Parliament passes law to extend UAE tax agreement
The agreement will take effect upon the exchange of ratification documents. The Greek Parliament passed legislation ratifying an exchange of notes with the UAE, confirming the continued application of their 2010 double tax treaty on 3 September
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UAE: MoF issues new rules on qualifying and excluded activities in free zones
UAE issues Ministerial Decision No. 229 of 2025 on Free Zone corporate tax activities, effective from 1 June 2023. The UAE Ministry of Finance ( MOF) issued Ministerial Decision No. 229 of 2025 on 28 August 2025, which repeals Ministerial
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UAE: FTA emphasises the need to retain records and documentation to ensure accuracy of tax return information for taxable persons subject to corporate tax
FTA urges all taxable and exempt persons to retain records for seven years and submit corporate tax returns and payments within nine months via the EmaraTax platform. The UAE Federal Tax Authority (FTA) emphasises that all Taxable Persons subject
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UAE: FTA issues guidance on tax group financial reporting, audit rules
Tax Groups are required to prepare Aggregated Financial Statements under Article 3 of Ministerial Decision No. 114 of 2023. This requirement applies to all Tax Periods commencing on or after 1 June 2023. The UAE Federal Tax Authority (FTA)
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Angola, UAE sign CEPA to strengthen trade
Angola and the UAE signed a CEPA on 25 August 2025 to boost trade, investment, and sectoral cooperation. Angola and the UAE signed a Comprehensive Economic Partnership Agreement (CEPA) on 25 August 2025 in Angola. The agreement aims to reduce
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UAE: FTA updates EmaraTax user manuals for payments, returns, period changes, de-registration
FTA updates EmaraTax user manuals covering corporate tax payments, returns, period changes and de-registration. The UAE Federal Tax Authority (FTA) has released updated user manuals for taxpayers using the EmaraTax portal. The revised
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Greece: Parliament considers ratification of bill to renew tax treaty with UAE
The Greek Parliament is reviewing a draft bill, submitted on 26 August 2025, to ratify the exchange of notes with the UAE concerning the renewed application of the countries’ bilateral tax treaty. The agreement, formalised through an exchange
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UAE signs multilateral agreement on crypto asset tax reporting
The UAE has signed the OECD’s Multilateral Competent Authority Agreement under the Crypto-Asset Reporting Framework, joining 51 countries in standardising automatic tax information exchange for crypto transactions. The UAE signed the
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UAE: FTA urges corporate taxpayers to file returns, pay within the specified deadlines
UAE’s Federal Tax Authority has urged corporate tax taxpayers to finalise records, file returns, and pay tax due by the deadlines, stressing compliance, early preparation, and use of the EmaraTax platform to avoid penalties. The Federal Tax
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Japan, UAE hold fourth round of CEPA negotiations
The fourth round of CEPA negotiations between Japan and the UAE from 4–8 August 2025, focused on trade, competition, and intellectual property. The Ministry of Foreign Affairs of Japan reported on 8 August 2025 that the fourth round of
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UAE: FTA establishes audited special-purpose financial statements preparation rules
UAE’s Federal Tax Authority issues Decision 7/2025 requiring tax groups to prepare annual audited aggregated financial statements in line with IFRS. The Federal Tax Authority of the UAE has published Decision No. 7/2025 on 16 July 2025,
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UAE: FTA publishes corporate tax payment user manual
The manual is prepared to help registered corporate taxpayers to navigate through the Federal Tax Authority EmaraTax portal and make corporate tax payments. The UAE Federal Tax Authority (FTA) has published a Taxpayer User Manual for Corporate
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