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2026-08-26T07:22:00.000Z

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Finance issues decision on Second Pillar declaration

Finance issues decision on Second Pillar declaration

The UAE Ministry of Finance has issued Ministerial Resolution No. (133) of 2026, which includes the requirements for submitting the Second Pillar Information Return. This aims to enhance tax transparency for multinational companies operating within the country. The resolution focuses on obligations involving companies, joint ventures, and related parties operating in the UAE. It is applicable to fiscal years beginning after January 1, 2025. This measure is part of the UAE's commitment to implementing the Second Pillar requirements to combat base erosion and profit shifting (BEPS), and seeks to provide greater clarity and certainty in the tax framework within the supplementary tax system.

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