The UAE’s Ministry of Finance has introduced the issuance of Cupboard Choice No. 209 of 2025 on Alternate of Data upon Request for Tax Functions, marking an extra step in reinforcing the nation’s worldwide tax transparency framework.
The choice consolidates the UAE’s strategy to worldwide tax cooperation and reaffirms its adherence to globally agreed requirements, together with the Alternate of Data on Request (EOIR) Commonplace.
In line with the Ministry, the UAE has maintained a constant report of cooperation since becoming a member of the OECD World Discussion board on Transparency and Alternate of Data for Tax Functions in 2010. The nation additionally grew to become a signatory to the Conference on Mutual Administrative Help in Tax Issues in 2017 and has concluded greater than 140 bilateral double taxation agreements with associate jurisdictions worldwide.
Unified legislative framework
The newly issued Cupboard Choice offers a single and complete legislative construction to help the efficient and constant implementation of the EOIR Commonplace throughout all related entities.
It establishes a transparent authorized foundation for sustaining and accessing important classes of data. These embrace possession and id particulars, banking information, info associated to authorized individuals and authorized preparations, in addition to accounting data.
The framework additionally clarifies the tasks and authority of presidency our bodies and regulatory entities concerned in gathering and supplying info to the Ministry of Finance.
Clear procedures and safeguards
As well as, the choice introduces sensible measures geared toward guaranteeing constant software. These embrace proportionate administrative actions to help compliance and clearly outlined grievance procedures.
The Ministry said that the up to date framework is designed to streamline the dealing with of requests from overseas tax authorities and guarantee higher alignment between the UAE’s bilateral and multilateral tax agreements.
It additionally affords enhanced readability for companies, people and authorized entities relating to their obligations and expectations beneath worldwide info trade requirements.
By issuing Cupboard Choice No. 209 of 2025, the Ministry stated the UAE continues to align with the best international requirements of tax transparency and strengthen cooperation with peer jurisdictions and worldwide organisations, together with the Organisation for Financial Co-operation and Growth.
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