UAE: VARA Designated as Competent Authority Under Corporate Tax Rules

The UAE Ministry of Finance has issued a ministerial decision designating Dubai’s Virtual Assets Regulatory Authority as a competent authority for specific qualifying activities under the federal corporate tax framework.

The Ministry of Finance announced Ministerial Decision No. 336/2025, which added the Virtual Assets Regulatory Authority—established in Dubai under Dubai Law No. 4/2022 Regulating Virtual Assets in the Emirate of Dubai—to the definition of “competent authority” in Ministerial Decision No. 229/2025 on Qualifying and Excluded Activities for the Purposes of Federal Decree-Law No. 47/2022 on the Business and Corporate Taxation.

Under the update, VARA is recognised as a competent authority for qualifying activities linked to fund management, wealth management and investment‑management services, bringing virtual‑asset supervision into alignment with the broader corporate‑tax framework. The Ministry stated that the decision formed part of efforts to enhance clarity, certainty and regulatory alignment across the UAE’s financial system, supporting its strategic position as a global investment and financial hub.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit https://www.lexis.ae/lexis-middle-east-law/.

UAE: Non‑Commercial Sports Bodies Get Corporate Tax Break

Gulf News, 9 February 2026: UAE has introduced a corporate tax exemption for eligible non‑commercial sports entities to boost sector growth and transparency.

The Ministry of Finance has issued UAE Cabinet Decision No. 1/2026 to exempt certain sports organisations that operate on a non‑commercial basis from corporate tax, aligning the regime with international best practice and supporting the UAE’s ambitions as a global sports hub.

Exemptions apply to international sports entities, domestic sports bodies, and specified ancillary entities whose primary purpose is to promote, organise, manage, or develop sport at a regional or international level, provided they are recognised by the competent sports authority.

Qualifying organisations must confine activities to their sporting objectives, ensure all income and assets are used solely to advance those objectives or cover necessary expenses, and avoid any private benefit to members or founders except where beneficiaries are approved public‑benefit or government‑linked bodies.

To access the relief, entities must apply to the Federal Tax Authority with supporting documentation so that eligibility and ongoing compliance can be verified; this process is intended to preserve oversight while directing the exemption to genuine non‑profit sports development.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit https://www.lexis.ae/lexis-middle-east-law/.

UAE: State Security Launches Confidential Reporting Service

Gulf News, 2 February 2026: The UAE has introduced a new confidential reporting mechanism aimed at strengthening national security by enabling the public to report threats anonymously.

The UAE State Security Department has launched a confidential security reporting service allowing citizens and residents to submit information on security‑related concerns without disclosing their identity. The initiative was unveiled under the slogan “State Security is Everyone’s Responsibility” and is designed to support early detection of risks to public safety and national unity.

According to the authorities, the service covers a wide range of matters, including extremist activity, suspicious behaviour, espionage, information leaks, threats to public order, and insults or defamation targeting the state and its symbols. Reports may be made at any time through several official channels, including a toll‑free number, a dedicated website, a mobile application and an SMS service.

The State Security Department emphasised that confidentiality and data protection sit at the core of the initiative. Individuals may submit reports anonymously, with assurances that personal data will be handled securely and in line with recognised privacy standards.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit https://www.lexis.ae/lexis-middle-east-law/.