UAE side Sharjah have signed Kostas Manolas, the former Roma and Napoli defender, from Olympiacos.
The Greek centre-back, 31, has agreed a two-year contract with the Adnoc Pro League club, with the option to extend for a further season. It is understood to be a free transfer.
In signing for Sharjah, Manolas will join at the club fellow high-profile summer recruits Paco Alcacer and Miralem Pjanic. The former Greek international will know the latter well, having played alongside the midfielder at Roma.
Manolas, who has 42 caps for his country, spent five years with Italy's capital club from 2014 – he made more than 200 appearances – before moving to Napoli in June 2019. Manolas stayed at the Stadio Diego Maradona Stadium for three seasons, winning the Coppa Italia in his first campaign.
He returned to Olympiacos, whom he represented from 2012-2014, in January and went on to help his side claim the top-flight title. Manolas won the same trophy during his first stint and is also a two-time winner of the Greek Cup.
Sharjah, the six-time UAE champions, have begun the new Pro League season in fine form, winning their opening three matches. They last won the championship - their first in 23 years - in 2019.
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Miralem Pjanic poses with a Sharjah FC shirt after completing his move to the UAE club. Photo: Sharjah FC -

Miralem Pjanic has signed a two-year contract with Sharjah. Photo: Sharjah FC -

Miralem Pjanic puts pen to paper on his contract with Sharjah. Photo: Sharjah FC -

Miralem Pjanic is welcomed to training by his Sharjah teammates. Photo: Sharjah FC -

Miralem Pjanic attends a Sharjah training session. Photo: Sharjah FC -

Miralem Pjanic talks to Sharjah manager Cosmin Olaroiu. Photo: Sharjah FC
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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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