On 18 March 2026, the UAE Ministry of Finance announced the launch of Phase 1 of the Research & Development (R&D) Tax Incentives Programme.
Under Phase 1, businesses may benefit from a non-refundable R&D tax credit of up to 50% on qualifying expenditure, capped at AED 5 million per entity per tax period. The initiative is designed to encourage private-sector investment in scientific research and technological innovation.
Our team has prepared a detailed analysis of the key provisions of the initiative.
Full analysis is available in the links below.
