Stuart & Hamlyn Chartered Accountants

22/10/2026

🎉 Welcoming Our Money Laundering Reporting Officer (MLRO)!

Stuart & Hamlyn Chartered Accountants is pleased to welcome Winston Blaze Pinto, CAMS, to our team as our Money Laundering Reporting Officer (MLRO).

With expertise in AML/KYC compliance, financial crime risk assessment, and regulatory compliance, Winston will play an important role in strengthening our compliance framework and reinforcing our commitment to integrity, transparency, and good governance.

His appointment reflects our continued dedication to maintaining the highest standards of compliance, effective risk management, and regulatory best practices.

🤝 Join us in welcoming Winston to the Stuart & Hamlyn family!

20/10/2026

𝗨𝗔𝗘 𝗘-𝗜𝗻𝘃𝗼𝗶𝗰𝗶𝗻𝗴 | 𝗞𝗲𝘆 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁𝘀 𝘂𝗻𝗱𝗲𝗿 𝗠𝗶𝗻𝗶𝘀𝘁𝗲𝗿𝗶𝗮𝗹 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗡𝗼. 𝟭𝟵𝟳 𝗼𝗳 𝟮𝟬𝟮𝟲

The UAE Ministry of Finance has issued Ministerial Decision No. 197 of 2026 amending Ministerial Decision No. 243 of 2025 on the Electronic Invoicing System

𝟭. 𝗥𝗲𝗺𝗼𝘃𝗮𝗹 𝗼𝗳 𝗦𝘆𝘀𝘁𝗲𝗺 𝗙𝗮𝗶𝗹𝘂𝗿𝗲 𝗣𝗿𝗼𝘃𝗶𝘀𝗶𝗼𝗻
Under the earlier provisions, a person experiencing a system failure was required to notify the FTA within 𝟮 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗗𝗮𝘆𝘀. The new Decision deletes the definition of System Failure and repeals Article 12, which previously dealt with system failures.

𝟮. 𝗡𝗲𝘄 𝗗𝗲𝗳𝗶𝗻𝗶𝘁𝗶𝗼𝗻𝘀 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝗱
Definitions of Tax Group and Taxable Person have been added. The definition of Accredited Service Provider has also been revised.

𝟯. 𝟮𝟰-𝗠𝗼𝗻𝘁𝗵 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝗜𝗻𝘁𝗿𝗮-𝗚𝗿𝗼𝘂𝗽 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀
Transactions between members of the same VAT Tax Group are excluded from e-invoicing requirements for 𝟮𝟰 𝗺𝗼𝗻𝘁𝗵𝘀 𝘀𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝟭 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟳.
This exclusion was previously addressed in the M*F e-invoicing guidelines and has now been formally incorporated into the Ministerial Decision.

𝟰. 𝗜𝗻𝘃𝗼𝗶𝗰𝗲 𝗜𝘀𝘀𝘂𝗮𝗻𝗰𝗲 𝗧𝗶𝗺𝗲𝗹𝗶𝗻𝗲 – 𝟭𝟰 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗗𝗮𝘆𝘀
The timeline for issuing and transmitting Electronic Invoices and Electronic Credit Notes has been revised to 𝟭𝟰 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗗𝗮𝘆𝘀 𝗶𝗻𝘀𝘁𝗲𝗮𝗱 𝗼𝗳 𝟭𝟰 𝗰𝗮𝗹𝗲𝗻𝗱𝗮𝗿 𝗱𝗮𝘆𝘀.

𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧 𝗥𝗘𝗠𝗜𝗡𝗗𝗘𝗥 – 𝗣𝗛𝗔𝗦𝗘 𝟭

𝟯𝟬 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟬𝟮𝟲 – Deadline to appoint an Accredited Service Provider (ASP) for businesses with annual revenue of AED 50 million or more. 𝐑𝐞𝐯𝐞𝐧𝐮𝐞: Gross income earned by a Person during the most recent Accounting Period.

𝟭 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟳 – Mandatory e-invoicing implementation for Phase 1. Businesses should review these amendments and ensure their systems and procedures are aligned with the revised requirements.

16/10/2026

𝐔𝐀𝐄 𝐄-𝐈𝐍𝐕𝐎𝐈𝐂𝐈𝐍𝐆: 𝐊𝐄𝐘 𝐏𝐇𝐀𝐒𝐄𝐒 & 𝐃𝐄𝐀𝐃𝐋𝐈𝐍𝐄𝐒

The UAE is moving towards mandatory e-invoicing, and businesses should start preparing now to ensure a smooth and timely transition.

📅 Know your key deadlines:

🔹 Phase 1: Businesses with annual revenue of AED 50 million or more must appoint an Accredited Service Provider (ASP) by 𝟑𝟎 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟎𝟐𝟔 and implement e-invoicing by 1 January 2027.

🔹 Phase 2: Businesses with annual revenue below AED 50 million must appoint an ASP by 31 March 2027 and implement e-invoicing by 1 July 2027.

🔹 Phase 3: In-scope government entities must appoint an ASP by 31 March 2027 and implement e-invoicing by 1 October 2027.

✅ Important: E-invoicing obligations apply to in-scope businesses regardless of their VAT registration status. Even businesses dealing exclusively in B2C sales may have obligations relating to their B2B purchase invoices.

🚀 Start planning your e-invoicing transition today!

Stuart & Hamlyn Chartered Accountants LLC is here to help your business understand the requirements, prepare for compliance, and navigate the transition with confidence.

📩 Contact us:
✉️ [email protected]
✉️ [email protected]
✉️ [email protected]

📌 Save this post and share it with your business network to stay informed about the UAE e-invoicing requirements.

13/10/2026

𝐔𝐀𝐄 𝐏𝐈𝐋𝐋𝐀𝐑 𝐓𝐖𝐎 – 𝐓𝐎𝐏-𝐔𝐏 𝐓𝐀𝐗 | 𝐑𝐄𝐆𝐈𝐒𝐓𝐑𝐀𝐓𝐈𝐎𝐍 𝐃𝐄𝐀𝐃𝐋𝐈𝐍𝐄 𝐀𝐏𝐏𝐑𝐎𝐀𝐂𝐇𝐈𝐍𝐆

Is your business ready for UAE Pillar Two compliance?

The UAE’s Domestic Minimum Top-up Tax (DMTT), introduced under the OECD Pillar Two framework, applies to qualifying multinational enterprise (MNE) groups for fiscal years beginning on or after 1 January 2025.

📅 Key Registration Deadlines

First in- scope Fiscal year ending 31 December 2025: 𝟑𝟎 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟔

First in- scope Fiscal year ending 31 March 2026: 𝟑𝟎 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟔

First in- scope Fiscal year ending 30 April 2026: 𝟑𝟎 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟔

First in- scope Fiscal year ending 30 June 2026: 𝟑𝟏 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟕

✅ What should businesses do now?

🔹 Assess whether the UAE entity belongs to an in-scope MNE group.
🔹 Review consolidated group revenue for the relevant preceding fiscal years.
🔹 Identify all UAE entities and their registration obligations.
🔹 Determine whether registration should be completed individually or through a Domestic Designated Filing Entity (DFE).
🔹 Initiate registration well before the applicable deadline.

⚠️ Important: Pillar Two registration is separate from UAE Corporate Tax registration. Late registration may result in administrative penalties.

Need assistance with UAE Pillar Two compliance?

Stuart & Hamlyn Chartered Accountants LLC can assist with applicability assessments, registration requirements, group structure reviews and ongoing Top-up Tax compliance.

📩 [email protected]
📩 [email protected]

📞 Contact our team to discuss your registration obligations and take the necessary steps towards compliance.

08/10/2026

25/09/2026

A Proud Moment for S&H

Proud to share the special appreciation certificate received from UC&CS GLOBAL, our network partner in recognition of the “Tax Firm of the year Award “ which we received at the Global Tax submit held in Dubai on 17 September 2026.
We consider this as a meaningful acknowledgement of our commitment to professional excellence, quality service, and expertise in the field of taxation.
We extend our sincere gratitude to UC&CS AMÉRICA and UC&CS GLOBAL for this honour and recognition.

18/09/2026

Proud moment for Stuart & Hamlyn Chartered Accountants.

We are truly honoured to be recognised as the Best Tax Firm of the Year in the UAE.

Every award is not just a recognition . — it is a responsibility. A responsibility to raise our standards, strengthen our commitment and continue delivering trusted, meaningful value to our clients

This award belongs to our entire S&H team — their commitment, hard work and passion for delivering value to our clients have made this achievement possible.

A heartfelt thanks to all our clients, partners, friends and well-wishers for your continued trust and support.

17/09/2026

📢 CORPORATE TAX RETURN FILING DEADLINE – 30 SEPTEMBER 2026

⏰ Plan early. Review properly. File confidently.

Is your business ready for corporate tax return filing? The deadline is approaching!

For tax periods ending 31 December 2025, the corporate tax return filing deadline is 30 September 2026.

At Stuart & Hamlyn Chartered Accountants, we help businesses navigate tax compliance with accuracy, expert guidance, and confidence.

✨ Why choose us?

✅ Ensure compliance with UAE tax laws
✅ Avoid last-minute hassles and penalties
✅ Get expert support at every step
✅ File with confidence and peace of mind

📞 Let’s Get Your Return Filed!

📲 +971 50 952 3437
📲 +971 4 295 1191

🌐 www.stuaham.com
📧 [email protected]