UAE ratified TIEA with Iceland

The UAE Ministry of Finance (MoF) announced the launch of the eInvoicing 4-Corner model, marking a significant milestone in the UAE’s digital transformation journey and enabling businesses to exchange electronic invoices seamlessly across

The UAE Federal Tax Authority (FTA) has implemented updated administrative penalty provisions under Cabinet Decision No. (129) of 2025, amending parts of Cabinet Decision No. (40) of 2017. The changes, effective 14 April 2026, reduce several fines

Iceland’s government has approved a package of emergency economic measures to curb inflation and mitigate the impact of soaring oil prices triggered by the conflict in the Persian Gulf region. The temporary interventions, set to run from 1 May

The UAE Federal Tax Authority (FTA) has issued an updated Policy on Issuing Clarifications and Directives, amended by Decision No. 2 of 23 February 2026 and effective from 1 March 2026. A key update is the introduction of Directives on Tax

Korea (Rep.) and the UAE will implement their Comprehensive Economic Partnership Agreement (CEPA) on 1 May 2026, following the completion of domestic approval procedures and bilateral consultations to expedite its entry into force. The CEPA,

The UAE Federal Tax Authority (FTA) published the Taxpayer User Manual Corporate Tax De-Registration (Version 2.0.0.0) on 6 April 2026, providing detailed instructions for businesses seeking to de-register from Corporate Income Tax (CIT). A