Big Bad Wolf Books sale to return to Dubai later this month with huge discounts

The world’s biggest book sale is returning to Dubai later this month, bringing with it more than one million titles.

The Big Bad Wolf Books sale will return after a two-year hiatus owing to the pandemic, and will take place between April 14 and 24 at the Sound Stages in Dubai Studio City.

The 11-day sale will stock a huge range of books covering a number of genres, topics and age groups, including works on business, art and design, as well as cookbooks and illustrated children’s publications.

Books will sell for between 50 to 80 per cent less than the recommended retail price, with discounts lasting for the duration of the sale.

Big Bad Wolf Books in Bangkok earlier this month. EPA

The sale will take in partnership with Dubai Culture and Arts Authority, and is returning to the emirate following a virtual event held in association with the Sharjah Book Authority in 2021.

It will be open daily from 10am until 2am, and is free to enter.

Founded in Malaysia in 2009, Big Bad Wolf Books has been to more than 12 countries so far, including Pakistan, South Korea, the Philippines, Indonesia, Singapore and the UAE in 2018 and 2019.

Big Bad Wolf Books first came to the UAE in 2018, and has proved hugely popular since then. It is taking place during Ramadan for the third time.

Co-founder Andrew Yap said the organisers’ vision has always been to cultivate the next generation of readers "to ignite their imagination to stimulate creative thinking, and more importantly, empower the future generation to believe and dream big by pouring through the pages of a book and be inspired.

"We believe that the more knowledge that one gains, the better equipped a person is to meet the exacting demands of today's competitive world."

More information about Big Bad Wolf Books is available here.

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks.

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.

8. Pillar 2 implementation

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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