These updates also underscore the UAE’s commitment to fostering a robust, transparent, and future-ready tax environment that supports innovation while ensuring fiscal integrity. As always, proactive adaptation and professional guidance remain essential to successfully navigating this new regulatory landscape.
The new Corporate Tax rules around Family Foundations strike a balance between regulatory oversight and wealth management flexibility. They offer families an opportunity to structure their affairs efficiently—but only if the foundation is structured and maintained in strict accordance with Article 17.
Understanding the reverse charge mechanism and related documentation requirements is crucial for VAT-registered businesses importing services into the UAE.