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
See MoreUAE: 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
See MoreUAE 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
See MoreUAE: 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
See MoreUAE: 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,
See MoreUAE: 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
See MoreUAE: FTA issues updated guide on private tax clarifications
The revised guidance incorporates new provisions and clarifies procedures for submitting clarification requests, including those related to Pillar Two rules The UAE Federal Tax Authority (FTA) released an updated version of its tax procedures
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Russia, UAE tax treaty enters into force
The 2025 income and capital tax treaty between Russia and the UAE took effect on 18 July 2025, which replaces the 2011 limited tax treaty. The 2025 Russia–UAE income and capital tax treaty entered into force on 18 July 2025. The new
See MoreUAE issues depreciation rules for fair valued investment properties
The Decision allows depreciation deductions for fair-valued investment properties under new corporate tax rules from 2025. The UAE Ministry of Finance has issued Ministerial Decision No. 173 of 2025, effective for tax periods beginning 1 January
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Belarus, UAE sign free trade in services and investments agreement
The agreement complements the EPA between the Eurasian Economic Union and the UAE, signed on the same day. Belarus and the UAE formalised an agreement in Minsk focusing on free trade in services and investments on 27 June 2025. This agreement
See MoreUAE clarifies VAT requirements on SWIFT charges for financial institutions
The Public Clarification outlines the VAT obligations and input tax documentation requirements for financial institutions incurring SWIFT-related interbank charges. The UAE Federal Tax Authority (FTA) issued Public Clarification VATP041 on 28
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Chad: Senate approves ratification of income tax treaty with UAE
Chad's upper house of Parliament (Senate) approved the law ratifying the income tax treaty with the UAE on 10 July 2025. Chad and the UAE signed their income tax treaty on 4 September 2018. It will enter into force after the exchange of
See MoreUAE: FTA offers penalty waiver for late tax registration
The FTA clarified conditions for waiving or refunding penalties for late corporate tax registration, requiring returns or declarations to be filed within seven months of the first tax period. The UAE Federal Tax Authority (FTA) has released
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Russia: Federation Council ratifies new income and capital tax treaty with UAE
Russia’s Federation Council ratifies law for new income and capital tax treaty with UAE, replacing 2011 agreement. The Russian Federation Council approved the law ratifying the income and capital tax treaty with the UAE on 2 July 2025. The
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