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UAE Ministry of Finance Introduces Tiered Volumetric Excise Tax Model for Sweetened Beverages

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  The UAE Ministry of Finance has announced the introduction of a tiered volumetric excise tax model for sweetened beverages, marking a significant evolution in the country’s fiscal and public health framework. The reform represents a strategic shift from the existing flat-rate excise regime toward a more calibrated taxation structure aligned with sugar content and product composition. Under the new model, excise tax on sweetened beverages will be applied based on the volume of sugar per 100 milliliters, rather than a uniform percentage rate. This tiered mechanism is designed to incentivize manufacturers to reformulate products with lower sugar concentrations, while simultaneously supporting the UAE’s broader public health objectives aimed at reducing sugar consumption and lifestyle-related diseases. The decision reflects a policy alignment between fiscal sustainability and preventive healthcare. By introducing a volumetric structure, the Ministry is enhancing transparency and pr...
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AsiaBC Launches Incorporation & Market-Entry Hub in Dubai to Support Global Founders (Feb 2026)

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  In a strategic move reinforcing the UAE’s position as a global business gateway, Asia Business Centre (AsiaBC) has officially launched its first incorporation and market-entry advisory hub in Dubai. The expansion reflects rising demand from international founders and growth-stage companies seeking structured entry into the UAE and wider GCC region. Strategic Expansion into the UAE AsiaBC, a Hong Kong-based corporate advisory firm with a strong footprint in cross-border structuring and Asian market entry, is now positioning Dubai as a central node in its global advisory network. The Dubai hub is designed to provide end-to-end incorporation solutions aligned with regulatory, tax, and operational requirements in the Emirates. This development underscores Dubai’s increasing role as a preferred jurisdiction for global entrepreneurs seeking access to Middle Eastern, African, and South Asian markets. Scope of Services Offered The newly launched hub will provide integrated support...
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AE Introduces Corporate Tax Exemption for Sports Entities — Feb 2026

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  Key Policy Update The UAE government has enacted Cabinet Decision No. (1) of 2026 , issued under Federal Decree-Law No. 47 of 2022 (the Corporate Tax Law), which grants a full exemption from corporate tax to qualifying non-commercial sports organizations . This marks a significant fiscal and regulatory shift aimed at bolstering the national sports ecosystem and attracting international sporting bodies to operate in the country. Objective & Strategic Rationale Primary aim: Support sustainable development of the UAE’s sports sector and align with global best practices. Economic strategy: Enhance contribution of sports organizations to the UAE’s broader economic diversification goals and strengthen the Emirates’ position as a global sports hub. Mobility impact: Eases operational and labour cost structures, potentially improving athlete and administrative talent mobility. Who Qualifies for the Exemption To benefit from the tax exemption, entities must satisf...
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Excise Tax Compliance — Regulatory Overview

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 1. Definition and Purpose Excise Tax is an indirect tax levied on the import, manufacture, production, or release for consumption of specific goods that are deemed harmful to human health or the environment, or that require controlled consumption. Excise tax compliance ensures that such goods are properly declared, taxed, and monitored by the tax authority. From a regulatory standpoint, excise tax is both a revenue mechanism and a public policy control tool . 2. Goods Commonly Subject to Excise Tax While the scope varies by jurisdiction, excise tax typically applies to: Tobacco products Carbonated drinks and sweetened beverages Energy drinks Alcoholic beverages Electronic smoking devices and liquids Entities involved in manufacturing, importing, warehousing, or distributing such goods are generally within scope. 3. Registration and Licensing Requirements Businesses subject to excise tax are required to: Register with the tax authority as an excise taxpayer ...
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Ultimate Beneficial Owner (UBO) Filings

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 Enhancing Transparency and Regulatory Compliance Overview Ultimate Beneficial Owner (UBO) filings are a mandatory compliance requirement designed to identify the natural persons who ultimately own, control, or benefit from a legal entity . Regulators worldwide require UBO disclosure as part of global initiatives to strengthen corporate transparency, combat financial crime, and enhance anti-money laundering (AML) and counter-terrorist financing (CTF) frameworks. At Devenir Corporate Services , we support clients in managing UBO filings accurately and in line with applicable regulatory obligations, ensuring full compliance while maintaining confidentiality and governance integrity. Who Is Considered a UBO? A UBO is generally defined as an individual who: Directly or indirectly holds a significant ownership interest (commonly 25% or more, subject to jurisdiction) Exercises effective control or influence over the company’s management or decision-making Ultimately benefits fr...
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Latest UAE tax compliance updates

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  1. Major 2026 Tax Procedure & VAT Overhaul – The UAE has issued significant amendments to the Tax Procedures Law and VAT Law effective 1 January 2026 , which harmonise compliance rules across VAT, Corporate Tax, and Excise Tax, creating a unified statutory framework for audits, refunds, and record-keeping. These reforms tighten due diligence standards and standardise audit procedures across taxes. 2. Five-Year Limits on Refunds, Credits & Audits – New statutory time limits have been introduced, including five-year windows for VAT refund claims and for the Federal Tax Authority’s ability to conduct audits or apply excess credits, significantly impacting long-term tax planning and record retention. 3. E-Invoicing Roll-Out Requirements – Mandatory e-invoicing for eligible businesses is being phased in by July 2026 . This moves compliance from periodic filings to real-time digital reporting , requiring structured invoice data via accredited service providers. 4. VAT Law A...
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UAE Tax Compliance Services: Safeguarding Operational Continuity

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  UAE Tax Compliance Services: Safeguarding Operational Continuity UAE’s regulatory landscape has matured rapidly, placing tax discipline at the center of corporate governance. With Corporate Tax, VAT, ESR, and transfer-pricing oversight tightening, organizations need structured compliance architecture to stay audit-ready while protecting commercial velocity. UAE Tax Compliance Services enable this by creating a controlled ecosystem for reporting, filing, and risk mitigation. The Compliance Imperative As the market shifts from incentive-driven to rules-based, companies face escalating scrutiny around revenue recognition, documentation, filing timeliness, and substance demonstration. Non-compliance can impact cash flow, bankability, and reputation. The mandate is straightforward: operate with audit-safe transparency. Key Scope of UAE Tax Compliance Services A typical compliance suite spans the full lifecycle: Corporate Tax assessment, registration, and periodic filing VAT...
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