
UAE Free Zone vs Designated Zone: Why the Gap Costs 9%
The FTA's TAXP010 guidance confirms a VAT Designated Zone is not automatically one for Corporate Tax. What UAE free zone distributors need to check now.
Practical guides and expert perspectives on accounting, tax, and finance technology, written for business owners and finance professionals.

The FTA's TAXP010 guidance confirms a VAT Designated Zone is not automatically one for Corporate Tax. What UAE free zone distributors need to check now.

HMRC's draft duty to correct is read as a new obligation. Section 118(6) TMA 1970 already required it. The draft swaps one word, and six years becomes 20.

Closing stock is the one figure in a small company's accounts that nobody independently tests. Here is what I ask for before I book the number.

HMRC switches multi-factor authentication on for every tax agent account by 15 October 2026, with no advance warning. What changes, and what does not.

ADGM's FSRA added a lighter fund manager licence in September 2026. Under USD 200m committed capital you skip the EBCR, Finance Officer and internal audit.

The EU's €2 handling fee lands on 1 November, stacked on the €3 duty already in force. What UK businesses shipping to EU customers need to change.

DMCC adopted its Foundations Regulations on 23 September 2026, giving the UAE a fourth foundation regime. How it compares with DIFC, ADGM and RAK ICC.

HMRC will let employers keep globally mobile employees off mandatory payrolling from April 2027. The opt-out service opens in November 2026.

From January 2026, FRS 102 Section 1A drops the arm's-length carve-out for small company related party disclosure. What now lands on the public register.