Alsuwaidi & Company

August 3, 2026

UAE KYC Digital Platform: Key Requirements Under Cabinet Resolutions No. 55 and 56 of 2026

The UAE has introduced the operational and enforcement framework for its national “Know Your Customer” (KYC) Digital Platform. Cabinet Resolution No. 55 of 2026 issues the Executive Regulations of Federal Decree-Law No. 30 of 2024, while Cabinet Resolution No. 56 of 2026 establishes the related administrative violations and sanctions. Together, the Resolutions regulate the collection, […]

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RAK ICC Recognised as a Qualifying Free Zone under the UAE Corporate Tax Regime

The UAE Cabinet has issued a Resolution recognising the Ras Al Khaimah International Corporate Centre (RAK ICC) as a Qualifying Free Zone for UAE Corporate Tax purposes, with retrospective effect from 1 June 2023. The recognition is a significant milestone for RAK ICC and the entities incorporated or registered within its jurisdiction. It confirms RAK

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