August 2025

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Dubai Launches One Freezone Passport: A New Chapter for Business Growth

Dubai has announced a powerful update that promises to reshape how businesses operate across its popular economic hubs. The new Dubai Freezone Passport, recently launched by the Dubai Freezone Council, breaks barriers between previously separate free zones. Designed to streamline company operations and draw new investment, this initiative allows licensed firms to operate in any …

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UAE Corporate tax

Over 33.9 thousand Beneficiaries from UAE Corporate Tax Late Registration Penalty Waiver

The Federal Tax Authority (FTA) has announced that more than 33,900 businesses have benefitted from the Corporate Tax Late Registration Penalty Waiver Initiative as of the end of July 2025. Launched to support businesses during the transition to the UAE’s Corporate Tax regime, the initiative aims to encourage timely compliance and reduce financial burdens associated …

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UAE Introduces Mandatory E-Invoicing for VAT-Registered Businesses

The UAE Federal Tax Authority (FTA) is launching mandatory e-invoicing for all VAT-registered businesses, starting Q4 2024 and fully in effect by July 2026. Built on the global PEPPOL 5-corner model, the system requires businesses to issue, receive, and report invoices in a structured electronic format. Traditional formats like PDFs, Word files, or scanned images …

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