The United Arab Emirates is taking a big step in global tax cooperation. The Ministry of Finance has confirmed that it will begin sharing crypto tax data with international partners in 2028. This follows the country’s signing of the Multilateral Competent Authority Agreement under the Crypto-Asset Reporting Framework (CARF).
The ministry said the new framework will provide “certainty and clarity to the crypto-asset sector while upholding the principles of global tax transparency.” For investors and companies, this means crypto tax data will be reported and exchanged automatically across borders.
Implementation of CARF in the UAE is set to go live in 2027. The first exchange of crypto tax data will take place the following year.
What the Framework Means
The CARF is designed to create a standardized global system for sharing information on crypto transactions. By signing on, the UAE is joining efforts led by the OECD to combat tax evasion in the fast-growing digital asset sector.
According to the Ministry of Finance, the framework establishes “a mechanism for the automatic exchange of tax-related information on crypto-asset activities.” This includes data from exchanges, custodians, traders, and other intermediaries.
Stakeholders Invited to Participate
The ministry has also opened a public consultation to shape how the rules will be applied locally. Stakeholders, including service providers, platforms, and traders, are encouraged to submit feedback. The consultation began on September 15, 2025, and will run until November 8, 2025.
Officials say the goal is to create a regulatory framework that is clear, effective, and aligned with market realities. “We invite all stakeholders to share their views and recommendations on its potential impacts and areas requiring further clarification,” the ministry noted.
Looking Ahead
By committing to CARF, the UAE is signaling its intent to balance innovation with responsibility. The move reassures global regulators while providing clarity to the domestic crypto industry. And with crypto tax data set to flow across borders starting in 2028, the UAE is positioning itself as a hub that plays by global rules.
Disclaimer
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