- The UAE Ministry of Finance issued Ministerial Decision No. 229 of 2025, effective from 1 June 2023, detailing qualifying and excluded activities for Free Zone corporate tax. Qualifying activities eligible for a 0% tax rate include manufacturing, commodity trading, and logistics, among others. Excluded activities involve transactions with natural persons, banking, and certain property ownership. A de minimis threshold is set for non-qualifying revenue. Free Zone entities must maintain audited financial statements, with non-compliance leading to loss of tax benefits for up to five tax periods.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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