MMJS Consulting

The UAE's Family Foundation regime just got more clarity. But are existing structures still fit for purpose?

The Federal Tax Authority - الهيئة الاتحادية للضرائب has issued updated guidance on the taxation of Family Foundations, providing further clarity on fiscal transparency, multi-tier structures, family offices, asset transfers, and the ongoing conditions required to maintain favourable tax treatment.

In this latest MMJS Tax Alert, we unpack the key developments and their implications for family groups, founders, and advisors navigating wealth preservation and succession planning in the UAE.

Read our Tax Alert to understand the practical implications and the steps that may be required to ensure continued compliance.

Team MMJS Consulting was pleased to attend ClearTax Middle East's seminar, 'Beyond: UAE E-Invoicing as a Tax Transformation Lever', connecting with industry leaders and peers to discuss the future of e-invoicing and digital tax transformation in the UAE.

It was wonderful to have Ankur Jain, Partner - Tax, Rishabh Tandon, Associate Partner - Indirect Tax, and our colleagues from the India team, Sakshi Shukla, Associate Director - Indirect Tax and Christina Jezreel, Assistant Manager - Indirect Tax, come together at the event, reflecting the collaborative spirit across our offices and our commitment to staying close to the conversations shaping the tax landscape.

Thank you to ClearTax for the invitation and for curating an engaging platform for knowledge sharing, networking, and meaningful conversations.

As we welcome the Islamic New Year, MMJS Consulting extends its warm wishes to all our clients, colleagues, partners, and communities.

May the year ahead bring peace, prosperity, good health, and continued success. May this occasion inspire reflection, gratitude, and new beginnings filled with opportunities and blessings.

Wishing you and your loved ones a blessed and prosperous Islamic New Year.

Celebrating 5 years of dedication, leadership, and excellence at MMJS Consulting.

Congratulations to Muhammad Ilyas C S, Senior Manager – HR, on completing five successful years with the firm.

Over the years, Ilyas has played a pivotal role in strengthening our people and culture initiatives, fostering a collaborative work environment, and supporting the growth of our teams across the organization. His commitment to excellence, professionalism, and employee engagement has made a lasting impact on MMJS Consulting's journey.

We sincerely thank Ilyas for his valuable contributions and unwavering dedication, and we look forward to many more years of success together.

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MMJS Consulting is pleased to collaborate with Cooper Fitch and Humatix for an upcoming webinar exploring the practical implications of the UAE's Connected Persons rules and recent guidance issued by the Federal Tax Authority.

Join our experts alongside industry leaders as we discuss:
🔹Understanding CTP010 and its implications for Directors and Officers
🔹Transfer pricing considerations for payments and benefits to Connected Persons
🔹Benchmarking approaches and best practices
🔹Key considerations for businesses navigating the evolving tax landscape

Speakers:
🔹Viacheslav Shakhov – Managing Partner, Cooper Fitch
🔹Ben O'Shea – Director, Humatix
🔹Radhika Seth – Associate Director, Transfer Pricing, MMJS Consulting
🔹Lynn Nazareth – Manager, Transfer Pricing, MMJS Consulting

Date: 23 June 2026
Time: 10:30 AM – 11:30 AM (UAE Time)

Register now to secure your spot:Link in Bio!

We look forward to welcoming you for an engaging discussion on one of the key areas of the UAE Corporate Tax regime.

A special thank you to Cooper Fitch and Humatix for partnering with us and bringing their valuable expertise and perspectives to this discussion.

UAE e-Invoicing is moving from discussion to implementation. Is your business ready?

MMJS Consulting was pleased to have its experts, Ankur Jain, Partner – Tax, and Rishabh Tandon, Associate Partner – Indirect Tax, speak at the ICAI Abu Dhabi Chapter seminar on 'Leading Through Change: Income Tax, E-Invoicing and Artificial Intelligence.'

The session explored the UAE e-Invoicing Mandate and the practical steps businesses should take today to prepare for upcoming changes, strengthen compliance frameworks, and navigate the evolving tax landscape with confidence.

At MMJS Consulting, we believe that awareness is the first step towards readiness. With our technical expertise and ongoing knowledge-sharing, we help businesses understand, prepare for, and adapt to regulatory developments across the region.

To discuss your e-invoicing readiness journey, reach out to our team at [email protected] | +971 58 8493 132

The has released Version 1.1 of the UAE Electronic Invoicing Guidelines, introducing important clarifications for businesses preparing for implementation.

The updated Guidelines provide further guidance on data storage responsibilities, advance payment invoicing, and retention arrangements, reinforcing that e-Invoicing is not merely a technology exercise but also requires businesses to review their processes and compliance frameworks.

Key areas addressed include:
✅Record retention obligations of businesses and Accredited Service Providers (ASPs)
✅Treatment of advance payments and final tax invoices
✅Retention arrangements under the e-Invoicing framework
✅Documentation, audit trail, and reporting requirements

Businesses should assess their invoicing workflows, ERP configurations, and record-keeping practices to ensure alignment with the updated requirements.

Read our latest tax alert for a detailed analysis of the amendments and their practical implications.

For UAE e-Invoicing support, reach out to us at [email protected] | +971 58 849 8132