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 announcement last November of its intention to implement the framework.
This announcement was made by the UAE’s Ministry of Finance on 20 September 2025.
CARF implementation in the UAE is scheduled to go live in 2027, with the first exchanges of information expected in 2028.
The CARF MCAA provides a framework for the automatic sharing of tax-related information on crypto-assets, following the reporting and due diligence rules.
The framework establishes a mechanism for the automatic exchange of tax-related information on crypto-asset activities, ensuring that the UAE provides certainty and clarity to the crypto-asset sector while upholding the principles of global tax transparency.
The Ministry of Finance invites all stakeholders, including advisory service providers, intermediaries, traders, custodians, exchange platforms and others active in the crypto-asset sector, to participate in the public consultation on CARF implementation in the UAE and to share their views and recommendations on its potential impacts and areas requiring further clarification.
The public consultation opened on 15 September 2025 and will remain open for eight weeks until 8 November 2025.
Earlier, the UAE signed the CARF MCAA on 21 July 2025.