In a strategic move to prepare the UAE’s precious metals sector for upcoming regulatory shifts, leading financial consultancy AVS Lewis & Pecker convened a specialized masterclass focusing on e-invoicing and transfer pricing protocols. The December 2025 event attracted over 170 senior representatives from gold trading enterprises anticipating the Federal Tax Authority’s mandate implementation.
The comprehensive session addressed critical compliance deadlines, particularly the July 31, 2026 requirement for businesses exceeding Dh50 million annual revenue to appoint Accredited Service Providers (ASPs). Digital compliance specialist Venkata Sai Vaddepally guided participants through e-invoicing implementation frameworks, while tax expert Payakkal Satheesan clarified complexities surrounding transfer pricing documentation under UAE Corporate Law.
Concurrently, the firm announced two significant developments: the imminent release of a comprehensive UAE Corporate Tax Guide and the launch of AVS Gold—an artificial intelligence-driven ERP platform specifically engineered for gold traders, jewelers, and bullion dealers. This specialized software aims to streamline operations while ensuring regulatory adherence.
Company principals Mohammed Sharaf and Akilesh N Sankaran emphasized the masterclass’s role in empowering market participants to navigate evolving tax landscapes while maintaining competitive operational efficiency. The overwhelming response has prompted plans for additional educational sessions exploring various aspects of the UAE’s Corporate Tax Law framework.
Industry attendees demonstrated particular concern regarding penalty structures outlined in UAE Cabinet Resolutions, including potential tax benefit revocation and financial adjustments for non-compliance with transfer pricing regulations requiring arm’s length principles in related-party transactions.