Flyingcolour Accounting & VAT Services

Small Business Relief Just Got a 3-Year Extension

Ministerial Decision No. 131 of 2026 extends the Small Business Relief threshold under Ministerial Decision No. 73 of 2023, now applicable to Tax Periods ending on or before 31 December 2029.

AED 3 million revenue threshold unchanged
Applies from Tax Periods starting 1 June 2023
More runway for eligible businesses to stay compliant

Not sure if your business still qualifies? Let's find out.

If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
📞 +971 44542366
📞 +971 55 4413566
🌐 www.flyingcolourtax.com
📧 [email protected]

📩 Stay compliant. Stay stress-free.

The UAE has introduced clear registration and deregistration timelines for multinational enterprises under the Top-Up Tax framework.
If your multinational group falls within the scope of Pillar Two, missing these deadlines could lead to unnecessary compliance issues and penalties.
In this carousel, we cover:
• What's implemented under FTA Decision No. 12 of 2026
• Registration deadlines
• Deregistration rules
• In-scope and out-of-scope notification requirements
• Key dates every multinational group should know
Stay ahead of your compliance obligations and ensure your business is prepared before the deadlines arrive.
Need guidance on UAE Pillar Two compliance? Connect with Flyingcolour Tax today.
If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
📞 +971 44542366
📞 +971 55 4413566
🌐 www.flyingcolourtax.com
📧 [email protected]

📩 Stay compliant. Stay stress-free.

The "Carry Forward" era is officially over. 🛑💸

2026 has brought a major "Reset" to the UAE Tax landscape. If you've been carrying forward VAT credits from 2021 without claiming a refund, your time is running out. Under the new Federal Decree-Law No. 17, credits more than five years old will now expire permanently.

But it's not all about deadlines. The new R&D Tax Credit is finally here, offering up to 50% back on your innovation costs. At Flying Colour Tax, we don't just help you comply; we help you recover what’s yours before the clock hits zero.

Is your business sitting on expiring credits? Swipe back to see the 5-year rule and
DM "TAX" to secure your 2026 health check. 👇

If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
📞 +971 44542366
📞 +971 55 4413566
🌐 www.flyingcolourtax.com
📧 [email protected]

📩 Stay compliant. Stay stress-free.

The UAE's e-invoicing transformation has officially begun, and businesses that prepare early will have a much smoother transition. From understanding your implementation phase to selecting the right Accredited Service Provider (ASP), every step matters.

With this You will get to know:
What UAE e-invoicing really means
Who needs to comply and when
The key implementation deadlines
How to prepare your accounting systems
The risks of delaying compliance

Waiting until the last minute could lead to penalties, payment delays, and unnecessary business disruption. Start preparing now so your business stays compliant and future-ready.

Need expert guidance? Flying Colour Tax can help you assess your readiness, identify the right compliance path, and support your transition to UAE e-invoicing.

If you’re unsure where to start, we’re here to help.

TAN: 30008296 | FTA Approved
📞 +971 44542366
📞 +971 55 4413566
🌐 www.flyingcolourtax.com
📧 [email protected]
📩 Stay compliant. Stay stress-free.

Exiting a Tax Group? Your VAT obligations don't end there.

The FTA has issued Directive on Tax Transactions No. 2 of 2026, addressing VAT adjustments after a registrant exits a Tax Group, effective 1 August 2026.

If your business leaves a Tax Group but stays VAT-registered, any outstanding adjustments to previously declared supplies or recovered input tax must now be reflected in your own returns.

What this means for you:
Review adjustments tied to your time in a Tax Group
Keep supporting documentation ready
Align your VAT return process before the deadline
Consult your tax advisor if this applies to you
Being proactive now avoids compliance gaps later.

📩 Get VAT-Ready. Talk to Flying Colour Tax today.

If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved

📞 +971 44542366
📞 +971 55 4413566
🌐 www.flyingcolourtax.com
📧 [email protected]
📩 Stay compliant. Stay stress-free.

📢 DMCC Companies, Have You Checked Your Audit Submission Deadline?

The standard audit submission deadline may have been 30 June 2026, but many DMCC companies have received an extension until September 2026.

Before assuming your deadline has passed, log in to your DMCC Portal and verify the audit submission date assigned to your company.

Submitting your audit report on time helps you stay compliant and avoid unnecessary penalties or administrative delays.

Need assistance with your DMCC audit submission? Flying Colour is here to help. 📩

If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
📞 +971 44542366
📞 +971 55 4413566
🌐 www.flyingcolourtax.com
📧 [email protected]

📩 Stay compliant. Stay stress-free.

The UAE is moving toward a smarter, digital tax ecosystem! E-Invoicing is no longer just a concept, it’s the future of business transparency. By shifting to a Clearance-Based Model, the UAE is aligning with global best practices to make VAT compliance faster and more accurate.
Is your business ready for the next big VAT shift? Don't wait for the deadline to adapt.
Swipe to understand how this structured digital format will streamline your operations. 📲
If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
📞 +971 44542366
📞 +971 55 4413566
🌐 www.flyingcolourtax.com
📧 [email protected]

📩 Stay compliant. Stay stress-free.