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UAE tightens tax rules on sugary drinks: What you need to know

by PREMA Team | Aug 5, 2025 | Corporate Tax, Other Tax, VAT

The Ministry of Finance and the Federal Tax Authority (FTA) in UAE have announced a major revision to the excise tax structure applied to sugar-sweetened beverages (SSBs), introducing a new tiered volumetric model that links the tax per litre to the beverage’s sugar...

New UAE media law – individuals need permit for promotional content

by PREMA Team | Aug 1, 2025 | Business

Any individual publishing promotional content on social media platforms, whether paid or not, and any visiting content creators in the UAE will need to apply for an Advertiser Permit. This was announced on Tuesday by the UAE Media Council as part...

UAE central bank suspends foreign insurer’s motor business over solvency issues

by PREMA Team | Jul 31, 2025 | AML

The Central Bank of the UAE (CBUAE) has suspended the motor insurance business of a foreign insurance company’s branch following the entity’s failure to meet solvency and guarantee requirements. The action was taken pursuant to Articles 33 and 44...

UAE Corporate Tax: Businesses must register July 31 or face $2,723 penalty

by PREMA Team | Jul 30, 2025 | Corporate Tax

The Federal Tax Authority (FTA) has renewed its call for Corporate Tax registrants who have not yet registered to submit their registration applications, stating that filing their first Tax Returns through the ‘EmaraTax’ digital tax services platform will enable them...

Abu Dhabi Judiciary adopts digital currency for court fees in historic Al Maryah Bank partnership

by PREMA Team | Jul 29, 2025 | Business

In a pioneering move for the region, the Abu Dhabi Judicial Department (ADJD) has signed a strategic partnership agreement with local financial institution Al Maryah Bank to introduce the use of digital currency for the payment of judicial and legal service fees. This...

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