Recent UAE tax developments affect cross-border investment, banks, small businesses and multinational groups. Qatar has ratified its double tax treaty with the UAE, the FTA has clarified AT1 corporate tax treatment, Small Business Relief is extended to 2029, and new Top-up Tax registration deadlines apply. This alert sets out the practical actions for each.
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The FATF's Roadmap 26 to 28 on combatting fraud reshapes what "effective" AML looks like. When fraud and laundering form part of the same transaction sequence, banks need integrated controls, faster detection and clearer authority to act. Grant Thornton UAE examines what this means for banks now.
At its core, IFRS 15 replaces old, industry-driven shortcuts with a single, principles-based framework built around the transfer of control, not billing milestones or legacy practices. In real estate, that distinction is not academic—it is fundamental. A signed sales agreement, a down payment received, or even regulatory registration does not automatically translate into revenue as these are pre-requisites for revenue recognition. The question is always sharper: has control of the asset, or the value being created, truly been transferred to the customer? Read our article to learn more.
Recent insights
In the next edition of Grant Thornton’s series on trending international insights, we examine how a shifting economic landscape can offer the mid-market an opportunity to grow while their larger counterparts opt to ‘wait and see.’ Our report highlights key trends such as digital trade, supply chain resilience, shifting trade agreements, and the impact of geopolitical uncertainty on international commerce.
Our strategic union marks a new chapter, as we now stand alongside New York, widely regarded as the asset management capital of the Western hemisphere; Cayman Islands, the funds capital of North America; Ireland, Switzerland, and Luxembourg, all funds capitals in Europe; the Channel Islands, the offshore financial services hub of Europe; and the Netherlands and Liechtenstein—both key financial centres in their own right. Read the full article to learn more:
The Central Bank of the UAE (CBUAE) continues to demonstrate a robust approach to regulation and supervision across the financial services sector in the UAE. Over the past twelve months, CBUAE enforcement actions have appeared in the headlines more frequently, sending a strong message to the market and emphasising the importance of compliance and consequences of non-compliance. Read the full article to learn more:
At a recent panel hosted by Grant Thornton UAE, “The 3 C’s of successful AML program remediation”, I had the privilege to moderate and explore with fellow panellists how LFIs can rise to the challenge with strategic intent and operational precision. The discussion brought together regulatory veterans, banking executives, and remediation experts to explore what truly drives success in AML compliance program remediation. The consensus? It’s not just about fixing what’s broken. It’s about building something better—with competence, clarity, and collaboration as the foundational elements. Read the full article to learn more:
This second installment in our three-part series examines the crucial impact of effective complaints handling on Licensed Financial Institutions (LFIs). We aim to provide valuable insights into conduct risk management and how LFIs can strengthen their control frameworks to meet the Central Bank of the UAE (CBUAE)’s Consumer Protection Regulation and Standards. GT UAE offers expertise in navigating the evolving regulatory landscape and the complexities of maintaining ethical standards while addressing consumer protection and market conduct risks.
The UAE Ministry of Finance (MoF) recently issued guidance on Mutual Agreement Procedure (MAP) to inform taxpayers about its purpose, the circumstances under which it can be applied, the required documentation for submitting a MAP request, and the procedural steps involved.
In our June 2025 edition of GT’s regional monthly Tax Newsletter, we provide the latest Tax news updates affecting International Tax, Corporate Tax, Transfer Pricing, and Indirect Taxes in the UAE and across the Middle East region.
Grant Thornton UAE and Avalara hosted an insightful webinar on the evolving e-invoicing landscape and how businesses can prepare for the UAE’s upcoming mandate. Find out more by watching the recording available below:
In our May 2025 edition of GT’s regional monthly Tax Newsletter, we provide the latest Tax news updates affecting International Tax, Corporate Tax, Transfer Pricing, and Indirect Taxes in the UAE and across the Middle East region.
This second installment in our three-part series examines the crucial impact of effective complaints handling on Licensed Financial Institutions (LFIs). We aim to provide valuable insights into conduct risk management and how LFIs can strengthen their control frameworks to meet the Central Bank of the UAE (CBUAE)’s Consumer Protection Regulation and Standards. GT UAE offers expertise in navigating the evolving regulatory landscape and the complexities of maintaining ethical standards while addressing consumer protection and market conduct risks.
The Ministry of Finance has announced significant updates to the existing Cabinet Decision in relation to Qualifying Investment Funds and Qualifying Limited Partnerships, with the release of Cabinet Decision No. 34 of 2025 which has replaced Cabinet Decision No. 81 of 2023.
In our April 2025 edition of GT’s regional monthly Tax Newsletter, we provide the latest Tax news updates affecting International Tax, Corporate Tax, Transfer Pricing, and Indirect Taxes in the UAE and across the Middle East region.
The transfer pricing provisions in the UAE Corporate tax law impose an obligation on UAE taxpayers to determine the pricing of related party transactions in accordance with the Arms’ Length Principle (‘ALP’). Failure to comply with the ALP will warrant Transfer Pricing (‘TP’) adjustments.
The UAE’s financial sector is evolving with a focus on consumer protection, market conduct, and ethical practices, driven by innovation and sustainability. Key advancements include the rise of digital banking, fostering a cashless society and greater convenience. Retail lending has increased, boosting profitability, while fintech solutions enhance financial inclusion. CBUAE Consumer Protection Regulations & Standards emphasize integrating conduct risk management in financial institutions to ensure fairness, transparency, and accountability. Further, with the launch of the CBUAE’s Ombudsman “Sanadak” highlights the importance of consumer protection, market conduct and the importance of effective complaints handling. Institutions that neglect conduct risk may face regulatory and reputational issues, while those adopting strong market conduct frameworks can build resilience, consumer trust, and competitiveness. Read the full article to learn more.
Over the past six years, Grant Thornton UAE has tracked the progress of women in leadership across mid-market companies, multinational corporations, and the public sector. ‘Women in Business 2025’ highlights notable advances in female representation at senior levels, while also identifying the structural, cultural, and regulatory shifts driving change.
In our March 2025 edition of GT’s regional monthly Tax Newsletter, we provide the latest Tax news updates affecting International Tax, Corporate Tax, Transfer Pricing, and Indirect Taxes in the UAE and across the Middle East region.