In a significant move aimed at strengthening the country’s position as a global sports destination, the UAE government has announced corporate tax exemptions for specific sports-related entities. The decision comes under the newly issued Cabinet Decision No. 1 of 2026 and is part of the broader framework of the UAE Corporate Tax Law that came […]
The UAE Ministry of Finance has announced a new VAT rule for scrap metal trading that will change how many businesses handle their tax reporting. This update comes through a new Cabinet Resolution that introduces the reverse charge mechanism for VAT on scrap metal transactions within the UAE. The decision is part of the government’s […]