Practical intelligence for business owners, finance leaders and decision makers.
August 2026Corporate Business Management ConsultantsPractical interpretation of regulatory developments, backed by primary sources and written for business decision makers.
Corporate Business Management ConsultantsWelcome to this edition of the CBMC Monthly Business & Tax Review. This issue brings together the regulatory developments, practical compliance considerations and strategic business insights that matter most to decision makers this month.
Our purpose is simple. to convert complex developments into clear actions. Each article in this edition is designed to help you identify risks early, make informed decisions and prepare confidently for the month ahead.
Corporate Business Management ConsultantsCBMC editorial summary. The following points are drawn from current official publications and verified source notes available to the newsletter system. They are presented for general information and should be checked against the linked primary material before action is taken.
1. AED 353.5 Million Refunded to 4,000 UAE Nationals for Building New Residences in First Half of 2026
Abu Dhabi, July 21, 2026. The Federal Tax Authority (FTA) confirmed a significant increase in the number of beneficiaries of the VAT Refund Scheme for UAE Nationals Building New Residences in the first half of 2026.
Why it matters. Businesses should assess whether the development changes registration, filing, documentation or internal control requirements.
2. Federal Tax Authority launches Emirates Majalis initiative to enhance direct communication with UAE citizens
Dubai, July 2026 The Federal Tax Authority (FTA) launched the Emirates Majalis initiative under the slogan “Closer to Each Other”, during its inaugural session held at Al Khawaneej Majles, in the presence of H.E. The initiative comes as part of the Authoritys commitment to strengthening direct and effective communication with UAE citizens, listening to their enquiries and suggestions, and fostering stronger community engagement.
Why it matters. Businesses should assess whether the development changes registration, filing, documentation or internal control requirements.
3. Federal Tax Authority Participates in St Petersburg International Economic Forum
Dubai, June 2026. The Federal Tax Authority (FTA) participated in the St. Petersburg International Economic Forum (SPIEF 2026), held in St.
Why it matters. Businesses should assess whether the development changes registration, filing, documentation or internal control requirements.
Recommended action checklist
Management takeaway. Convert each official tax update into a documented responsibility, deadline and evidence requirement before it reaches the filing stage.
Corporate Business Management ConsultantsCBMC editorial summary. The following points are drawn from current official publications and verified source notes available to the newsletter system. They are presented for general information and should be checked against the linked primary material before action is taken.
1. Federal Tax Authority Issues 2025 Annual Report AED 46 Billion in VAT and Excise Tax Revenues Collected Tax Registration Transactions Increase to 1.7 Million, up 20%
Abu Dhabi,29 June 2026. The Federal Tax Authority (FTA) has reported significant growth in its operations during 2025, driven by a substantial increase in Corporate Tax registrations, alongside continued growth in Value Added Tax (VAT) and Excise Tax registrations and the expansion of its services. This was reflected in the increased volume of transactions completed across all sectors of its operations, while the Authority further strengthened engagement with taxable persons through its innovative digital channels.
Why it matters. The practical impact usually depends on the entity structure, accounting records, connected party transactions and evidence retained for the tax return.
2. AED 353.5 Million Refunded to 4,000 UAE Nationals for Building New Residences in First Half of 2026
Abu Dhabi, July 21, 2026. The Federal Tax Authority (FTA) confirmed a significant increase in the number of beneficiaries of the VAT Refund Scheme for UAE Nationals Building New Residences in the first half of 2026.
Why it matters. The practical impact usually depends on the entity structure, accounting records, connected party transactions and evidence retained for the tax return.
3. Federal Tax Authority launches Emirates Majalis initiative to enhance direct communication with UAE citizens
Dubai, July 2026 The Federal Tax Authority (FTA) launched the Emirates Majalis initiative under the slogan “Closer to Each Other”, during its inaugural session held at Al Khawaneej Majles, in the presence of H.E. The initiative comes as part of the Authoritys commitment to strengthening direct and effective communication with UAE citizens, listening to their enquiries and suggestions, and fostering stronger community engagement.
Why it matters. The practical impact usually depends on the entity structure, accounting records, connected party transactions and evidence retained for the tax return.
Recommended action checklist
Management takeaway. Do not treat the corporate tax return as a form filling exercise; validate the accounting, legal and evidential position before submission.
Corporate Business Management ConsultantsCBMC editorial summary. The following points are drawn from current official publications and verified source notes available to the newsletter system. They are presented for general information and should be checked against the linked primary material before action is taken.
1. AED 353.5 Million Refunded to 4,000 UAE Nationals for Building New Residences in First Half of 2026
Abu Dhabi, July 21, 2026. The Federal Tax Authority (FTA) confirmed a significant increase in the number of beneficiaries of the VAT Refund Scheme for UAE Nationals Building New Residences in the first half of 2026.
Why it matters. VAT errors often arise from transaction coding, tax invoice evidence, place of supply rules and incomplete reconciliations.
2. Federal Tax Authority Issues 2025 Annual Report AED 46 Billion in VAT and Excise Tax Revenues Collected Tax Registration Transactions Increase to 1.7 Million, up 20%
Abu Dhabi,29 June 2026. The Federal Tax Authority (FTA) has reported significant growth in its operations during 2025, driven by a substantial increase in Corporate Tax registrations, alongside continued growth in Value Added Tax (VAT) and Excise Tax registrations and the expansion of its services. This was reflected in the increased volume of transactions completed across all sectors of its operations, while the Authority further strengthened engagement with taxable persons through its innovative digital channels.
Why it matters. VAT errors often arise from transaction coding, tax invoice evidence, place of supply rules and incomplete reconciliations.
3. Federal Tax Authority Showcases Global Best Practices Across Operations During Meeting with Sharjah Finance Department
The visit comes as part of ongoing efforts to exchange expertise, build capabilities and competencies, and conduct benchmarking with the FTAs strategic partners and entities engaged in joint institutional work.
Why it matters. VAT errors often arise from transaction coding, tax invoice evidence, place of supply rules and incomplete reconciliations.
Recommended action checklist
Management takeaway. A disciplined VAT reconciliation and evidence review is the most effective way to reduce recurring filing errors and audit exposure.
Corporate Business Management ConsultantsCBMC editorial summary. The following points are drawn from current official publications and verified source notes available to the newsletter system. They are presented for general information and should be checked against the linked primary material before action is taken.
1. AED 353.5 Million Refunded to 4,000 UAE Nationals for Building New Residences in First Half of 2026
Abu Dhabi, July 21, 2026. The Federal Tax Authority (FTA) confirmed a significant increase in the number of beneficiaries of the VAT Refund Scheme for UAE Nationals Building New Residences in the first half of 2026.
Why it matters. Free zone tax treatment depends on satisfying conditions throughout the tax period and maintaining evidence of qualifying activity and substance.
2. Federal Tax Authority launches Emirates Majalis initiative to enhance direct communication with UAE citizens
Dubai, July 2026 The Federal Tax Authority (FTA) launched the Emirates Majalis initiative under the slogan “Closer to Each Other”, during its inaugural session held at Al Khawaneej Majles, in the presence of H.E. The initiative comes as part of the Authoritys commitment to strengthening direct and effective communication with UAE citizens, listening to their enquiries and suggestions, and fostering stronger community engagement.
Why it matters. Free zone tax treatment depends on satisfying conditions throughout the tax period and maintaining evidence of qualifying activity and substance.
3. Federal Tax Authority Showcases Global Best Practices Across Operations During Meeting with Sharjah Finance Department
The visit comes as part of ongoing efforts to exchange expertise, build capabilities and competencies, and conduct benchmarking with the FTAs strategic partners and entities engaged in joint institutional work.
Why it matters. Free zone tax treatment depends on satisfying conditions throughout the tax period and maintaining evidence of qualifying activity and substance.
Recommended action checklist
Management takeaway. Monitor qualifying income and substance conditions during the year rather than waiting until the tax return is prepared.
Corporate Business Management ConsultantsCBMC editorial summary. The following points are drawn from current official publications and verified source notes available to the newsletter system. They are presented for general information and should be checked against the linked primary material before action is taken.
1. Federal Tax Authority Showcases Global Best Practices Across Operations During Meeting with Sharjah Finance Department
The visit comes as part of ongoing efforts to exchange expertise, build capabilities and competencies, and conduct benchmarking with the FTAs strategic partners and entities engaged in joint institutional work.
Why it matters. Management should translate the external development into cash flow, governance, risk and decision making actions.
2. Federal Tax Authority Issues 2025 Annual Report AED 46 Billion in VAT and Excise Tax Revenues Collected Tax Registration Transactions Increase to 1.7 Million, up 20%
Abu Dhabi,29 June 2026. The Federal Tax Authority (FTA) has reported significant growth in its operations during 2025, driven by a substantial increase in Corporate Tax registrations, alongside continued growth in Value Added Tax (VAT) and Excise Tax registrations and the expansion of its services. This was reflected in the increased volume of transactions completed across all sectors of its operations, while the Authority further strengthened engagement with taxable persons through its innovative digital channels.
Why it matters. Management should translate the external development into cash flow, governance, risk and decision making actions.
3. Ministry of Finance Announces the Official Listing of…
July 2, 2026 Ministry of Finance Announces the Official Listing of…
Why it matters. Management should translate the external development into cash flow, governance, risk and decision making actions.
Recommended action checklist
Management takeaway. Translate regulatory and market developments into quantified management decisions, ownership and follow through.
Corporate Business Management ConsultantsCBMC editorial summary. The following points are drawn from current official publications and verified source notes available to the newsletter system. They are presented for general information and should be checked against the linked primary material before action is taken.
1. Federal Tax Authority Issues 2025 Annual Report AED 46 Billion in VAT and Excise Tax Revenues Collected Tax Registration Transactions Increase to 1.7 Million, up 20%
Abu Dhabi,29 June 2026. The Federal Tax Authority (FTA) has reported significant growth in its operations during 2025, driven by a substantial increase in Corporate Tax registrations, alongside continued growth in Value Added Tax (VAT) and Excise Tax registrations and the expansion of its services. This was reflected in the increased volume of transactions completed across all sectors of its operations, while the Authority further strengthened engagement with taxable persons through its innovative digital channels.
Why it matters. Missing a filing or registration requirement can create penalties, operational disruption and unnecessary remediation work.
2. AED 353.5 Million Refunded to 4,000 UAE Nationals for Building New Residences in First Half of 2026
Abu Dhabi, July 21, 2026. The Federal Tax Authority (FTA) confirmed a significant increase in the number of beneficiaries of the VAT Refund Scheme for UAE Nationals Building New Residences in the first half of 2026.
Why it matters. Missing a filing or registration requirement can create penalties, operational disruption and unnecessary remediation work.
3. Federal Tax Authority launches Emirates Majalis initiative to enhance direct communication with UAE citizens
Dubai, July 2026 The Federal Tax Authority (FTA) launched the Emirates Majalis initiative under the slogan “Closer to Each Other”, during its inaugural session held at Al Khawaneej Majles, in the presence of H.E. The initiative comes as part of the Authoritys commitment to strengthening direct and effective communication with UAE citizens, listening to their enquiries and suggestions, and fostering stronger community engagement.
Why it matters. Missing a filing or registration requirement can create penalties, operational disruption and unnecessary remediation work.
Recommended action checklist
Management takeaway. Use one central compliance calendar with named owners, advance reminders and proof of every submission and payment.
Corporate Business Management ConsultantsSelected official publications and regulatory guidance used by the CBMC editorial desk.
Dubai, United Arab Emirates
Issued for general information only. It is not legal, tax or accounting advice. Please obtain advice based on your specific circumstances.