- UAE MoF issued Ministerial Decision No. 229 of 2025, updating rules on qualifying and excluded activities for Corporate Tax in Free Zones.
- The decision applies retroactively from June 1, 2023, impacting commodity traders, traders in Designated Zones, internal treasury entities, and IP companies.
- The framework expands qualifying commodities, includes treasury and financing activities, and broadens the definition of trading qualifying commodities.
- New rules for distribution from Designated Zones and alignment of reinsurance activities with updated legislation.
- Technical conditions include a de minimis test, audited financial statements, and rules for qualifying IP income.
Source: mailchi.mp
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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