To our clients in DIFC, we would like to draw your attention there has been a communication from DFSA via SEO letter about the regional uncertainly and the need for business continuity.

Insights from the Forbes Panel Featuring Saad Maniar, CEO of Baker Tilly UAE

The introduction of the Variable Capital Company (VCC) regime by the DIFC enables flexible, asset-backed structuring through variable capital linked to net asset value and segregated or incorporated cells for asset protection. It provides governance safeguards, creditor ring-fencing, and operational efficiency, making it suitable for family offices and asset-heavy investors.

Digital transformation enables businesses to improve efficiency, enhance customer experience, and remain competitive. Despite upfront investment, the long-term gains in agility, productivity, and growth make it essential for sustainable success.

Practical implications of a five-year limitation on VAT refund claims

Audits play a critical role in meeting regulatory and tax obligations.

The Abu Dhabi Global Market Registration Authority has issued its 2025–2026 Regulatory Priorities, outlining a risk-based supervisory approach focused on statutory filing accuracy, audit quality, beneficial ownership transparency, AML/TFS compliance for DNFBPs, digital-asset oversight, consumer protection and enforcement against unlicensed activity.

Dubai has strengthened digital asset oversight through updates from the Dubai Financial Services Authority and the Virtual Assets Regulatory Authority. The DFSA removed its recognised token list within the Dubai International Financial Centre, shifting responsibility to firms for crypto suitability assessments and governance. VARA introduced stricter due diligence measures for high-risk jurisdictions, reinforcing AML/CFT compliance and firm-level accountability across Dubai’s crypto market.

The UAE's introduction of an Advance Pricing Agreement ('APA') framework marks a significant milestone in the country's corporate tax evolution. With the release of the Federal Tax Authority's Corporate Tax Guide on Advance Pricing Agreements (CTGAPA1), taxpayers now have a structured mechanism to obtain prospective certainty on transfer pricing outcomes.

The evolving landscape of tax regulation in the UAE, marked by stricter requirements and increased scrutiny, has made audited financial statements indispensable for businesses of all sizes.

The UAE's introduction of an Advance Pricing Agreement ('APA') framework marks a significant milestone in the country's corporate tax evolution.