IFRS 16 Leases: The UAE Corporate Tax Book-to-Tax Gap CFOs Must Close Now IFRS 16 Leases: The UAE Corporate Tax Book-to-Tax Gap CFOs Must Close Now IFRS 16 has been the law for nearly six years. Yet many UAE finance teams still treat lease accounting as a simple bookkeeping adjustment — not a corporate tax […]
When the FTA convenes the VAT Business Advisory Group to discuss compliance and transparency, CFOs need to listen closely. Here is what the meeting signals and what you must do now.
The OECD just released the most significant revision to Chapter VII of the TP Guidelines since BEPS. Consultation closes July 22. Here’s what every UAE business with management fees, shared services, or cross-border charges must do now.
The UAE is implementing four major regulatory changes this June — stricter payroll deadlines, new Civil Code framework, e-invoicing pilot, and unified tax compliance rules. Here’s what every CFO must act on immediately.
Phase 1 e-invoicing for AED 3M+ companies starts July 1, 2026 — in 16 days. Here’s what CFOs must verify this week.
You have 18 days. Not weeks. Not months. Days. On July 1, 2026, the Federal Tax Authority will begin enforcing Phase 1 of mandatory e-invoicing across the UAE. The 4-corner model—where the FTA acts as a trusted intermediary—goes live. And if your finance systems aren’t ready, you’re about to breach compliance. Why This Matters Now […]
20 Days to E-Invoicing: The CFO’s Pre-July Preparation Checklist for UAE Businesses You have exactly 20 days until July 1, 2026 — the day the UAE Federal Tax Authority launches its mandatory e-invoicing pilot program. If your business generates over AED 50 million in annual revenue, this isn’t a “nice to have” transition. It’s a […]
From June 1, 2026, the UAE applied 5% VAT to Salik toll charges and parking services. Most finance teams haven’t adjusted their accruals yet — here’s what you need to do this week.
From today — June 1, 2026 — a small change in the UAE tax code creates a ripple effect through business accounting. Salik toll charges and parking fees (via Parkin) are now subject to 5% VAT. It sounds minor. It’s not. What Changed, Exactly Previously, Salik tolls and Parkin parking were exempt from VAT. They […]
Effective June 1, 2026, the FTA extends 5% VAT to Salik tolls and parking fees. Here’s what CFOs must do.
