OrbitaxUAE Updates Cabinet Decisions on Determining Qualifying Income of a Qualifying Free Zone Person Including Intellectual Property Income and Nexus Ratio
|Approved Changes|United Arab Emirates
The UAE Ministry of Finance has published Cabinet Decision No. 100 of 2023 on determining qualifying income of a qualifying free zone person (entity established in a free zone) for the purpose of the new Corporate Tax Law. The Ministry has also issued a related decision, Ministerial Decision No. 265 of 2023, which specifies additional rules regarding qualifying activities and excluded activit…
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