The UAE revealed a major overhaul of its penal and civil codes on Saturday, modernising a number of elements tied to family and personal law. The details of the laws and the amendments to existing regulations are important, but even more significant is the spirit in which this overhaul is taking place.
In having the law make accommodations for people from different walks of life and backgrounds, the UAE is again demonstrating its ability to attract millions of people from around the world to live and work here. Some of the issues that have been addressed by these laws, like divorce and inheritance, are important to families who are settling in the UAE and making it their home. This comes along with a number of changes earlier this year in regulations linked to residency and property laws. Put together, these measures are aimed at creating an environment that welcomes a diverse population, and make the UAE especially attractive in the competition to attract talent from around the world.
According to the new regulations, non-Emiratis can resort to the laws of their home countries in cases of inheritance, divorce, separation and the division of assets in the event a marriage breaks down.
Significant, compassionate steps have been taken, as suicide and attempted suicide will be decriminalised. Until now, someone who attempted to take their own life but survived could have been prosecuted, though such instances were rare if not unheard of. The law also now protects "Good Samaritans", who intervene in situations where people are in need, from being held liable for the outcome of those they help. Under a long-standing but rarely used clause, someone who went to the aid of another person, to give CPR or other first aid, could be held accountable for their injury or death. The new law states that "any person who's committing an act out of good intention, that may end up hurting that person, will not be punished". Furthermore, all courts will have to ensure translators are provided for defendants and witnesses in court, if they do not speak Arabic, ensuring further protections for those who may be vulnerable.
For years, the UAE has been making important strides in women’s rights, and the regulations announced on Saturday include increased punishments when it comes to harassment. They also remove lighter sentences for those who commit so-called “honour crimes”. The new law is clear – there is no instance in which there is honour in killing.
Progress requires the ability to revise how a society is organised in order to reflect its needs, and this is what the UAE has committed to. The country strikes a fine balance between celebrating its heritage and Emirati culture, and opening its borders and cities to people from around the world. Finding the right balance is neither easy nor a one-off measure, but rather a process of constant review and seeking opportunities for improvement.
2020 has been a remarkable year in the UAE. From starting the Arab world's first peaceful nuclear reactor, to sending the Arab world's first space probe to Mars. The UAE has achieved all this while facing a global pandemic. The Emirates has proven once again that it can be true to its motto, "Impossible is possible", by continuing to introduce historic measures, projects and a forward-thinking vision.
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
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COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
England squads for Test and T20 series against New Zealand
Test squad: Joe Root (capt), Jofra Archer, Stuart Broad, Rory Burns, Jos Buttler, Zak Crawley, Sam Curran, Joe Denly, Jack Leach, Saqib Mahmood, Matthew Parkinson, Ollie Pope, Dominic Sibley, Ben Stokes, Chris Woakes
T20 squad: Eoin Morgan (capt), Jonny Bairstow, Tom Banton, Sam Billings, Pat Brown, Sam Curran, Tom Curran, Joe Denly, Lewis Gregory, Chris Jordan, Saqib Mahmood, Dawid Malan, Matt Parkinson, Adil Rashid, James Vince
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
UEFA CHAMPIONS LEAGUE FIXTURES
All kick-off times 10.45pm UAE ( 4 GMT) unless stated
Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid
Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona
Spider-Man%202
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'How To Build A Boat'
Jonathan Gornall, Simon & Schuster
Honeymoonish
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What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Killing of Qassem Suleimani
Company: Instabug
Founded: 2013
Based: Egypt, Cairo
Sector: IT
Employees: 100
Stage: Series A
Investors: Flat6Labs, Accel, Y Combinator and angel investors