Ruchika T. Malhotra
The UAE Ministry of Finance has issued Federal Decree-Law No. (16) of 2025 amending the VAT law, effective January 1, 2026, to simplify tax procedures, strengthen compliance, and enhance administrative efficiency.
The Kingdom has completed 93% of Vision 2030 indicators, with early reforms providing the structural groundwork for the next phase.
The Kingdom aims to boost industrial output to SAR 1.4 trillion by 2035 as part of sweeping reforms under Vision 2030, driving growth through fuel transition, carbon reduction, and modernized manufacturing.
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