The latest guidance shows that UAE eInvoicing is not simply a VAT compliance exercise—it is a broader digital reporting framework that will impact finance, tax, IT, procurement, and intercompany processes across many organizations.
With the increasing use of DIFC Foundations, ADGM Foundations, RAK ICC Foundations, foreign trusts, and overseas foundations for wealth preservation, succession planning, and asset protection, understanding their UAE CT implications has become critical.
Since its introduction in 2018, VAT in the UAE has been instrumental in diversifying government revenue and ensuring fiscal sustainability beyond oil income. Over the years, the Federal Tax Authority (FTA) has continuously fine-tuned the VAT system through several Cabinet Decisions — such as Nos. 46 (2020), 99 (2022), and 100 (2024) — to address practical challenges and evolving business practices.
On 25 November 2025, the UAE Ministry of Finance (MoF) issued Federal Decree-Law No. 16 of 2025, introducing amendments to select provisions of Federal Decree-Law No. 8 of 2017 (The ‘UAE VAT Law’).
The UAE consequently has become a global financial and business centre, attracting investments and talents from all over the world.
With these tips in mind along with good business setup services and consultants in UAE, you can embark on your entrepreneurial journey confidently in Dubai with powerful foundations on which to succeed, so while managing your pay-out-up-front capital in the process.
Choosing The First Check Consultants in the UAE can be a strategic move for setting up a business in the UAE offering access to a thriving economy, global markets and a supportive regulatory environment which complies with the UAE regulations.
On 28th April 2025, Federal Tax Authority (FTA) have issued VAT public clarification (TAXP042) on value of supply under Barter Transactions
Issued by: Federal Tax Authority (FTA), United Arab Emirates Purpose of the Initiative To support the UAE business sector by offering relief from administrative penalties. Encourages timely compliance with Corporate Tax registration and filing obligations. Waiver Conditions Taxable persons must submit their Corporate Tax registration application within 7 months from the end of their first tax period. Exempt persons must submit their annual declaration within 7 months from the end of their first financial year. Who Is Eligible? Businesses required to register for Corporate Tax but have not yet submitted their registration application. Businesses that incurred a penalty due to late registration submission. How to Apply Submit the required registration application and tax return (or annual declaration for exempt entities) via the EmaraTax platform. Ensure submissions are made within the timelines specified to qualify for the waiver. For more details, please call us or visit https://thefirst-check.com/
The First Check Consultants offers business setup services and consultants in UAE which helps the entrepreneurs in company formation, licensing and regulatory compliance with the market insights to grow your business and success in UAE’s competitive environment.