The UAE has risen to the challenge of aligning with global tax standards while encouraging innovation

Effective 14 April 2026, the UAE has revised its tax violations framework under Cabinet Decision No. 129 of 2025 to enhance compliance and simplify the penalty structure.  Below is a summary of the key amendments introduced under the revised framework.

The 2026 global economy is marked by volatility, supply chain disruption, inflation, and shifting investor sentiment. In the UAE, its open, globally connected economy heightens both impact and exposure, increasing pressure on governance. At Baker Tilly UAE, we believe boards and audit committees must strengthen GRC oversight. This article highlights the key risks and priority actions for UAE boards.

This article summarises the Dubai Financial Services Authority’s (DFSA) thematic review of compliance arrangements across fintech firms in the Dubai International Financial Centre (DIFC) and outlines practical actions fintech leaders can take. The review covers a broad range of business models (including crowdfunding and money services) and assesses how firms structure, resource, and operationalise compliance.

The UAE’s resilience, positivity and commitment to innovation bode well for its future

Beyond compliance, audit quality is about courage, honesty, confronting truths

Cyber risk is a critical business and survival issue for all organizations, especially SMEs, requiring proactive governance, strong controls, and disciplined cyber resilience.

The UAE has expanded its innovation framework through Cabinet Decision 215 of 2025 and Ministerial Decision 24 of 2026, shifting from IP-focused incentives to supporting genuine R&D activities conducted in the UAE, with qualifying businesses eligible for corporate tax credits on R&D expenditure from 1 January 2026.

The UAE’s National In-Country Value (ICV) Program is a strategic initiative aimed at enhancing the nation’s economic resilience by localizing supply chains, boosting domestic manufacturing, and fostering workforce development. Originating in the oil sector, it has expanded into a nationwide economic lever influencing procurement and industrial policies.

Why Background Verification Is a Critical Control in Today’s Organizations

An Internal Audit Perspective on Governance, Assurance, and Audit Reliance